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sustainable financing at alrajhi bank
eligible sustainable project categories
The bank considers the following eligible categories under its Sustainable Finance Framework:
Eligible Green
Categories
- 1 Renewable Energy
- 2 Energy Efficiency
- 3 Sustainable Water Management
- 4 Pollution Prevention and Control
- 5 Environmentally Sustainable Management of Living Natural Resources and Land Use
- 6 Clean Transportation
- 7 Sustainable Buildings
Exclusion List
The proceeds of any Sustainable Financing Instruments will not be allocated to projects where the majority of revenues are derived from fossil fuels, nuclear power generation, conflict minerals, weapons, gambling, vaping, tobacco, alcohol, mining, and/or oil and gas.
Eligible Social
Categories
- 1 Employment Generation and programmes Designed to Prevent and/or Alleviate Unemployment Stemming from Socio-economic Crises
- 2 Affordable Housing
- 3 Access to Essential Services