Since 2011, EFG Hermes has been taking measured and committed steps to integrate environmental, social and governance (ESG) considerations into all aspects of its operation. Sustainability has become a cornerstone of our policy as we have expanded our footprint both geographically and across new services.

The Firm further seeks to align its development frameworks with the UN Sustainable Development Goals (SDGs) and has been a member of the UN Global Compact (UNGC) since 2011, working to further integrate its internal policies with the 10 principles of human rights, labour, the environment, and anti-corruption as well as Egypt’s Vision 2030.

As part of its efforts to weave sustainability across all Group operations, EFG Hermes articulated its Social Purpose in 2014, which seeks to ensure that all products and services offered by the Firm are able to generate value for all stakeholders and lead various efforts to overcome global, social, econom¬ic, and environmental challenges. This was further supported by the issuance of our 2017 ESG policy, which seeks to align EFG Hermes’ operations with sound and ethical practices.

In 2018, we were the first Egyptian financial services corporation to become a signatory of the United Nations Principles for Responsible Investment (PRI). In 2020, EFG Hermes was included among 30 regional companies in Refinitiv and the Arab Federation of Exchanges’ Low Carbon Select Index, which provides investors with access to low-carbon equities in the MENA region, and in 2022, we were voted runner-up for the Best Corporate Sustainability Strategy and short-listed as finalists for Best Bank for Sustainable Finance by ESG Investing. In 2022, we plan on submitting a report to the Bloomberg Gender Equality Index to underline our commitment to equality, diversity and inclusion at all levels of our organisation.