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Qatar National Bank S.A.Q (QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, with an ownership structure split between the Qatar Investment Authority (50%) and (50%) held by members of the public. QNB Group has steadily grown to be the biggest bank in Qatar and a leading financial institution in the Middle East and Africa region.
Reporting Year:
Corporate Governance
Data not reported
  2016 2017 2018
Does the company publish and follow an environmental policy? Yes/No No No No
Any legal or regulatory responsibility for an environmental impact? Yes/No No No No
Energy used 32.1 31.4 29.9
Total amount of energy used 654593 689758 664860
The total volume of water recycled/reused in m3 by the organization per year 0 0 0
Total waste produced (kg)     160173
Total greenhouse gas emissions (tonnes) 88287 94709 89943
Percentage of renewable energy used 0 0 0
Specify the primary source of energy used by the company Electricity Electricity Electricity
Total water use (m3) 469 468 498
Does the company prohibit the use of child or forced labor throughout the supply chain? Yes/No Yes Yes Yes
Number of grievances about human rights issues filed, addressed and resolved 0 0 0
Total number of injuries and fatal accidents (employees) 0 0 0
Total number of injuries and fatal accidents (contractors) 0 0 0
Total number of injuries and fatal accidents (employees and contractors) 0 0 0
Disclosure and adherence to a Human Rights Policy? Yes/No No No No
Employee turnover rate 7.7 9.2 9.9
Total workforce 28000 28000 30000
Nationalisation rate (%) 52 54 54
Spending on locally-based suppliers (%) 88 94 89
Employee wages and benefits 997 943 912
Average hours of training per employee 41.1 41.9 48.4
Women in the workforce (%) 48 47 48
Does the company publish and follow a policy for occupational and global health issues? Yes/No No No No
Pre-tax profits invested in the community (%) 2.5 2.6 2.7
Corporate Governance
Disclosure of the voting results of the latest AGM. Yes/No No No Yes
CEO pay ratio     13.5
Median male salary to median female salary     1.07
Does the company publish and follow a Supplier Code of Conduct? Yes/No No No No
Role separation of Chairman and CEO. Yes/No Yes Yes Yes
Independent directors on the board (%) 40 40 40
Female directors on the board (%) 0 0 0
Executive compensation linked to performance indicators. Yes/No Yes Yes Yes
Does the company publish and follow an Ethics Code of Conduct? Yes/No Yes Yes Yes
Sustainability report published. Yes/No Yes Yes Yes
Use a firm in third-party assurance of non-financial information. Yes/No No No No
Does the company publish and follow a Bribery/Anti-Corruption Code? Yes/No No Yes Yes

QNBK Sustainability Reports