BankDhofar advances sustainable finance through strong alignment with ESG goals

BankDhofar is strengthening its role in Oman’s sustainable development journey by embedding Environmental, Social, and Governance (ESG) principles across its financial services, operations, and long-term strategy in support of Oman Vision 2040.

The bank is financing renewable energy projects, energy-efficient infrastructure, and environmentally responsible industries to support the country’s transition to a low-carbon economy. Internally, it is reducing its environmental footprint through digital banking, paperless processes, and energy-conscious practices.

On the social front, BankDhofar is expanding financial inclusion through SME financing, women-focused banking initiatives, and youth entrepreneurship support, alongside community programs in education, health, and environmental awareness. Investment in employee wellbeing and diversity also forms part of its broader social impact.

Governance remains a core pillar, with strong oversight from the board and senior management to ensure ESG integration into risk management, credit decisions, and corporate strategy. The bank also continues to invest in cybersecurity and data protection to maintain customer trust.