Fidelity Is Best ESG Bank Of The Year
Julian Opuni
Fidelity Bank Ghana has been named the “Best ESG Bank of the Year 2024 in Ghana” by the Global Business and Finance Magazine Awards, solidifying its position as a leader in sustainable banking practices.
This award recognises Fidelity Bank’s exceptional commitment to Environmental, Social, and Governance (ESG) principles and its efforts to drive sustainable growth in Ghana’s financial sector.
Fidelity Bank’s recognition underscores its comprehensive approach to sustainability, including an innovative Environmental and Social Risk Assessment (ESRA) process for all loans.
This ensures that climate risks are considered in lending decisions, with 100% of businesses receiving loans required to have fire extinguishers at their operations.
“We are honoured to receive the Best ESG Bank of the Year 2024 in Ghana award, which reaffirms our commitment to integrating sustainability into our business model,” said Julian Opuni, Managing Director of Fidelity Bank Ghana.
“At Fidelity Bank, we believe in creating value not just for our shareholders but for society at large. This award reflects our continuous efforts to embed sustainable practices in everything we do—from responsible lending to waste management and climate action,” he said.
“Our Waste to Cash programme is testament to our dedication to environmental stewardship,” Mr. Opuni stated. “By reducing waste and exploring innovative recycling methods, we are actively contributing to Ghana’s environmental sustainability goals and setting a benchmark in the banking industry.”
Furthermore, the bank’s tailored support for small and medium-sized enterprises (SMEs) earned it the “Best SME Bank” title. In the first half of 2024, Fidelity Bank empowered 103 SMEs across sectors like manufacturing, agriculture, creative arts, WASH, and technology through initiatives like the Fidelity Young Entrepreneurship Fund and Orange Corners.
These programs provide funding, technical assistance, and mentorship to young entrepreneurs, especially women aged 18-45.
By Samuel Boadi
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