Bank Of Africa awarded “Top Performer CSR” 2020 by Vigoe Eiris

Thursday, October 15, 2020 at 11:14 AM

Casablanca – Bank Of Africa (BOA) BMCE Group has been designated by the extra-financial rating agency Vigeo Eiris, “Top Performer RSE 2020” among 14 companies out of the 44 top capitalisations in Morocco, having obtained the best ratings of their social responsibility and sustainability risk management.

BOA, which has improved its score since 2019, comes first out of 95 banks in emerging markets, second out of 851 in the region (all sectors combined) and 47th out of 4,842 globally at the end of the rating carried out in June 2020, notes the bank in a press release.

This distinction, obtained for the 7th consecutive year, confirms the bank’s positioning as an international benchmark group in sustainable and inclusive finance, with a positive impact, indicates the same source.

BAO BMCE Group’s distinction as “Top Performers CSR Morocco” thus consecrates a collective performance for all the components of the Group, now mobilized for the deployment of the 6 commitments of the Group’s social responsibility charter, the press release said. .

And to specify that in 2020, the performance of BAO BMCE Group stands out particularly on 12 criteria of social and environmental responsibility, in particular “the assurance of fair treatment of shareholders”, “the definition of the environmental strategy”, “the balance of powers, respect for the skills and efficiency of the Board of Directors “,” information to customers “,” control of energy consumption and reduction of polluting emissions “,” the offer of green products and services ” .

It is also about “responsible orientation of contracts and respect for clients’ rights”, “prevention of discrimination and promotion of equality between the genders and with regard to vulnerable categories”, “promotion and improvement continuous conditions and content of social dialogue “,” taking into account the societal impact of products and services on the areas of activity “,” the management responsible for restructuring “, and” respect for freedom of association and of the right to collective bargaining ”.