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INITIATIVES
Titre degradé
INITIATIVES

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GROUP’S ENGAGEMENT RECOGNISED INTERNATIONALLY

BANK OF AFRICA continues to stand out from its peers thanks to the distinction earned in a number of international rankings, the renewal of its certifications and its ongoing contribution within the CSR community to operational excellence and sustainability. The Group has continued to be awarded world-class certifications. These awards illustrate that it has tangibly delivered on its promise of excellence, social responsibility and service quality.

UNEP FINANCE INITIATIVE BANK OF AFRICA

BANK OF AFRIVA the first African signatory in 2000 to UNEP FI's Statement of Commitment by Financial Institutions on the Environment and Sustainable Development

IFC international finance corporation BANK OF AFRICA

Environmental and Social (E & S) Risk Management System adopted in conjunction with the IFC in 2008.

equator principles BANK OF AFRICA

Equator Principles (EP) voluntarily adopted by BANK OF AFTICA in May 2010. This body of standards provides a framwork for determining, assessing and managing environmental and social (E&S) risks in funded projects of USD 10 million or more.

UN_Global_Compact UNITED NATIONS BANK OF AFRICA

Unites Nations Global Compact signed by BANK OF AFRICA, underlining its support for the ten principles relating to human rights, social and labour standards, environmental protection and combating corruption. first report, 'Communication on Progress' published online in October 2017 after obtaining 'Global Compact Active COPs' status in 2016.

climate action in financial insitutions BANK OF AFRICA

BANK OF AFRICA's commitment to climate action is underlined by it joining the 'Mainstreaming Climate Action within Financial Institutions' initiative in 2016.

UNEP FINANCE INITIATIVE BANK OF AFRICA

Founding member of Principles for Responible Banking in 2019 and Principles for Positive Impact Finance in 2017.

GREEN INVESTMENT PRINCIPLES GIP BANK OF AFRICA 1

The first African bank to support China's Green Investment Principles for the Belt and Road (GIP)' initiative.

we4she BANK OF AFRICA

we4She's Gender Diversity Corporate Charter signed within the framework of the Africa CEO Forum.

weps Women's empowerment principles BANK OF AFRICA

The first Moroccan Bank to endorse Women's Empowerment Principles, a partnership initiative of the United Nations Global Compact and UN Women, as a universal banking group with multiple business lines.

africa business leaders coalition BANK OF AFRICA

Fonding member of the African Business Leaders Coalition (ABLC), a private-sector pioneering pan-African coalition committed to advancing sustainable growth in Africa.

BV_CERTIFICATION BUREAU VERITAS BANK OF AFRICA

BMCE Capital Gestion Compliant with the ISAE 3402 Type 2 Standard published by the International Auditing and Assurance Standards Board (IAASB) following an audit by Mazars, an advisory firm, and sees its services commitments and iso 9001:2015 certifications renewed following an external audit by Bureau Veritas Morocco.

CREATING SHARED VALUE FOR ALL STAKEHOLDERS

ORGANISATIONAL STRUCTURE AIMED AT GENDER PARITY AND EQUAL OPPORTUNITY

Wherever the Group has operations, BANK OF AFRICA’s women and men contribute to serving its 6.6 million customers. BANK OF AFRICA endeavours to foster an enriching and dynamic working environment, complementary employee skillsets and a high level of staff motivation. The Group has implemented numerous initiatives promoting diversity and inclusion, particularly when it comes to gender parity and equal opportunity.

BANK OF AFRICA's diversity policy has already seen the proportion of women in the workforce in Morocco rise to 41.5% as of 31 December 2022 versus 40% in 2020. Overseas, women account for 43.6% of the workforce. Women also account for 30.6% of middle management positions and 29% of Board members.

VISION 2030 UNDERPINNED BY A COLLECTIVE INTELLIGENCE-BASED APPROACH

Employee engagement is vital to making a success of Vision 2030 and the many cornerstone and intra-Group projects that are carried out across BANK OF AFRICA Group. BANK OF AFRICA is therefore committed to fostering a culture of cooperation and collective intelligence with employees at the very core of this vision. In 2022, a vast change management project was undertaken which involved surveying the 6,200 employees of BANK OF AFRICA SA and the Group’s Moroccan and international subsidiaries. The project’s participation rate was high with a number of common areas requiring development identified. These included transparency, managerial support, cooperation and collective intelligence.

After 6 key values were identified, working groups were formed 12-15 December 2022 consisting of 50 managers carefully selected by senior management and Group Human Resources. The goal was to translate these value into appropriate types of behaviour and competencies.

6 values:

  • Integrity,
  • Cooperation,
  • Accountability & Empowerment,
  • Innovation,
  • Empathy,
  • Customer centricity.

6 drivers:

  • More transparent communication,
  • Developing collective intelligence,
  • Embedding desirable types of behaviour within the Group,
  • Reinforcing subsidiaries’ sense of belonging to the Group,
  • Improving relations between head office and the branch network,
  • Improving implementation of a number of HR processes.