ESG

SICO Significantly Improves ESG Rating

In 2019 SICO was ranked fourth in Bahrain overall and first in the diversified financial services sector by ESG Invest in their annual ranking. Climbing up from 13th in the previous year, the improved rating is a testament to SICO’s commitment to sustainability in throughout the entirety of the Bank’s operations and the services. ESG Invest provides comprehensive ESG ratings research reports that quantify the ESG performance of companies in the Arab world. For more information, visit ESG Invest

IdealRatings Data Becomes a Component of SICO Research Products

As part of SICO’s ongoing commitment to incorporating sustainability into the fabric of its operations, the bank has signed an agreement with IdealRatings to incorporate ESG data into its research products to raise awareness about sustainable investing as well as encourage investors to take ESG factors into consideration while making financial decisions.

SICO Provides Support to the Community to Help Offset Negative Impact of COVID

In recognition of the impact the COVID-19 pandemic has had on the livelihoods of individuals across Bahrain and as part of its strategy to influence positive change in the communities in which it operates, SICO has made a number of donations to charitable organizations across the kingdom in order to alleviate the worst of this impact. Among the organizations SICO has contributed to are the Fina Khair campaign and SCW.

Mariam AlDhaen Receives SICO-Sponsored Al Mabarrah Al Khalifia 2020 Scholarship

Mariam AlDhaen was named the recipient of the 2020 SICO-sponsored Al Mabarrah Al Khalifia scholarship which will enable her to pursue a BSc Accounting and Finance at Bangor University – BIBF in Bahrain. Mariam was selected out of a total of 12 candidates owing to her strong academic background, extracurricular activities and community work, following a rigorous selection process involving an assessment test as well as two interview rounds. Mariam is currently attending her university classes online and is constantly in contact with the scholarship foundation regarding further extracurricular opportunities.