SAIB - Sustanability report

Page 73

Demonstrating Leadership in Our Daily Activities We at SAIB believe that operating at a higher efficiency and minimizing resource utilization will lead to lesser impact on our environment. To achieve the above mentioned objective we are focusing on the following areas to attain operational efficiency: a) Waste reduction, b) Energy efficiency, and c) Reduction in water consumption.

internal and concerns the use of paper and printed matter within the bank.

To meet our objectives in these areas, the Administration department of SAIB in April 2011 devised the “Print Less Initiative” to reduce the usage of paper and associated printing cost, such as ink and printer maintenance. The objectives of the initiative included reducing operational risk, reducing bank expenses and contributing to the protection of the environment.

At SAIB we encourage our employees to join in this initiative by following some of our guidelines aimed towards recycling: 1. To add the following statement to internal email signatures: “Reduce/ Reuse / Recycle: Please Print Only if Necessary” ‫” ﺍﻟﺮﺟﺎﺀ ﻋﺪﻡ ﻃﺒﺎﻋﺔ ﻫﺬﺍ ﺍﻟﺒﺮﻳﺪ ﺍﻹﻟﻜﺘﺮﻭﻧﻲ‬ "‫ﺇﻻ ﺇﺫﺍ ﺩﻋﺖ ﺍﳊﺎﺟﺔ‬ 2. To print only when necessary; otherwise, to file documents electronically. 3. To print drafts on both sides of paper. 4. To consult with their department secretary on how to dispose of paper in order to collect and recycle. 5. To provide ideas on how we can further reduce the unnecessary use of paper.

We are currently working along two tracks: One related to printed matter that goes from SAIB to external parties and the second is

In support of the Print Less Initiative, SAIB had hosted a drawing competition for children to promote awareness on the

The Saudi Investment Bank

Sustainability Report 2011

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