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Under the patronage of caretaker Minister of Education, Elias Bou Saab, the UNGC – Global Compact Network Lebanon held its first General Assembly under the theme “Lebanon Collaboration for the SDGs“ on November 25, 2016. The General Assembly discussed the adoption of the 17 Sustainable Development Goals in Lebanon. Mrs. Naimee Louis, Mr. Jean Traboulsi, and Mr. Hassan Sabbah explained our commitment to the five adopted SDGs: Quality Education, Gender Equality, Decent Work and Economic Growth, Industry, Innovation and Infrastructure and Climate Action.
During the assembly, many of Bank Audi’s major CSR initiatives were highlighted. Mrs. Louis stressed the importance of the Training and Development Program, in which USD 3 million were invested last year, benefiting 70% of employees over 113,000 hours. Not to mention other Employee Development Programs, like the Talent Management Program and the Training Academy; Management Development Programs, like the Corporate Academy; the Bank’s many well-being activities, like team building events, sports competitions, and Enrich sessions; and the Pro-family sponsorship targeting employees’ high performing children.
Meanwhile, the Bank’s internal structure reflects its respect for equality, with employees being 54% males and 46% females, and with a 20% female board member representation. Furthermore, Mr. Sabbah discussed the vital role of SMEs in Lebanon’s economy, where 90% of enterprises are SMEs, employing 82% of the private sector workforce; a LBP 1 trillion investment in SMEs will increase Lebanon’s GDP by 0.65%, creating 4,797 new job opportunities and reducing loan dollarization by 0.9%.
Finally, Mr. Traboulsi described Bank Audi’s work on Climate Action; our Grow Green initiative, which started in 2012 and encouraged employees to recycle different materials, allowed the Bank to save up to 8,338 trees and reduce GHG emissions by 2.1%. Bank Audi has proven time and time again that the community and our environment are considered a vital asset.
As a result, the Bank has partnered with several institutions and NGOs, like UNDP, the Ministry of Environment, Solicar, Microsoft, and arcenciel.
The Bank has also supported Earth Hour, Earth Day, signed Lebanon’s Climate Act, and launched the My Carbon Footprint competition. To end the presentation, Mr. Traboulsi confirmed that Bank Audi shall continue to evolve its CSR and strategy to adopt more responsible solutions toward greener banking.
During the assembly, many of Bank Audi’s major CSR initiatives were highlighted. Mrs. Louis stressed the importance of the Training and Development Program, in which USD 3 million were invested last year, benefiting 70% of employees over 113,000 hours. Not to mention other Employee Development Programs, like the Talent Management Program and the Training Academy; Management Development Programs, like the Corporate Academy; the Bank’s many well-being activities, like team building events, sports competitions, and Enrich sessions; and the Pro-family sponsorship targeting employees’ high performing children.
Meanwhile, the Bank’s internal structure reflects its respect for equality, with employees being 54% males and 46% females, and with a 20% female board member representation. Furthermore, Mr. Sabbah discussed the vital role of SMEs in Lebanon’s economy, where 90% of enterprises are SMEs, employing 82% of the private sector workforce; a LBP 1 trillion investment in SMEs will increase Lebanon’s GDP by 0.65%, creating 4,797 new job opportunities and reducing loan dollarization by 0.9%.
Finally, Mr. Traboulsi described Bank Audi’s work on Climate Action; our Grow Green initiative, which started in 2012 and encouraged employees to recycle different materials, allowed the Bank to save up to 8,338 trees and reduce GHG emissions by 2.1%. Bank Audi has proven time and time again that the community and our environment are considered a vital asset.
As a result, the Bank has partnered with several institutions and NGOs, like UNDP, the Ministry of Environment, Solicar, Microsoft, and arcenciel.
The Bank has also supported Earth Hour, Earth Day, signed Lebanon’s Climate Act, and launched the My Carbon Footprint competition. To end the presentation, Mr. Traboulsi confirmed that Bank Audi shall continue to evolve its CSR and strategy to adopt more responsible solutions toward greener banking.
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