Sustainability Governance
Sustainability is addressed at QNB at the highest governance level and cascaded to ensure ESG is embedded into QNB’s business and operating model.
Group Board Audit and Compliance Committee (GBACC) and Group Board Risk Committee (GBRC)
- The topic of ESG is integrated for all E, S topics in the GBRC and all G related topics in the GBACC
- The topic of ESG and climate risk is embedded into QNB Group’s overall risk appetite and Enterprise Risk Management Framework
- The ESG framework is cascaded down from the Board of Directors, down to the GMRC and the Group Senior Management Committee
Group Management Risk Committee (GMRC) and Group Senior Management Committee (SMC)
- The Senior Management Committee oversees the overall ESG framework, strategy and any new ESG-related topics
- The GMRC oversees updates, achievements and reporting with regards to risk-related topics incl. climate risk
Sustainability Team and Strategic Risk Management Team
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The implementation of the ESG framework is with the Sustainability Team under Strategy and for climate-related risk topics with the Strategic Risk Management team
For QNB Group Corporate Governance related documents, click here
For details regarding Risk Management and internal controls at QNB Group, click here