BANK OF AFRICA has been recognized with two prestigious awards at the Global Frontier Brand Awards 2024, underscoring its leadership in sustainability within the financial sector. The awards, “Excellence in Strategic Sustainability Leadership – Africa, 2024” and “Outstanding Sustainability Leader in Financial Services – Morocco, 2024”, highlight the bank’s commitment to sustainable development and its role as a pioneer in environmental and social impact initiatives.
These accolades were the result of a rigorous evaluation process, reflecting BANK OF AFRICA’s continuous efforts to embed sustainability into its strategy while driving initiatives that deliver tangible environmental and social benefits.
Under the guidance of Chairman Othman Benjelloun, BANK OF AFRICA has been a trailblazer in sustainable finance for nearly two decades. In 2000, it became the first African signatory of the United Nations Environment Programme Finance Initiative (UNEP FI), marking a pivotal moment in its journey toward sustainable finance.
Since 2015, the bank has rolled out a range of innovative financial products aimed at supporting clients in critical areas such as energy efficiency, water resource management, and the circular economy. These efforts have been complemented by the integration of Environmental, Social, and Climate Risk Management into its portfolio strategy, showcasing a forward-thinking approach to responsible banking.
BANK OF AFRICA has consistently distinguished itself through groundbreaking initiatives, including:
- The work of the BMCE Bank Foundation for Education and the Environment, which drives impactful projects in education and environmental preservation.
- Achieving ISO certifications for its Environmental and Energy Management Systems, a first in Morocco’s banking sector.
These milestones reflect the bank’s commitment to setting benchmarks in sustainability practices both locally and across the African continent.
The Global Frontier Brand Awards are organized by Boston Brand Research & Media, an influential organization founded in 2015. Renowned for celebrating excellence, the organization collaborates with leading institutions such as Harvard University, the Massachusetts Institute of Technology (MIT), and Boston University, helping to establish high standards in recognizing corporate achievements worldwide.
