Latest news with #Synesgy
Daily News Egypt
20-07-2025
- Business
- Daily News Egypt
Suez Canal Bank partners with CRIF Egypt to advance sustainability through Synesgy
Suez Canal Bank has signed a cooperation protocol with CRIF Egypt to introduce the Synesgy platform, reaffirming its commitment to advancing sustainability. This innovative platform enables clients to evaluate and improve their sustainability performance, aligning with the bank's dedication to adopting Environmental, Social, and Governance (ESG) principles in support of Egypt's Vision 2030 for sustainable development. The signing ceremony was attended by Akef El Maghraby, CEO and Managing Director of Suez Canal Bank; Shehab Zidan, Deputy CEO and Managing Director, along with the heads of Corporate Banking, Corporate Finance & Investment Banking, and Sustainability & Sustainable Finance departments. From CRIF, attendees included Marco Preti, CEO of CRIBIS D&B and General Manager of CRIF Group; Manjeet Chhabra, Managing Director of CRIF UAE & Egypt; and Emad Kozman, Country Manager of CRIF Egypt. This partnership highlights Suez Canal Bank's strategy to integrate ESG practices into its operations and empower clients—particularly small and medium-sized enterprises (SMEs)—to measure and strengthen their sustainability initiatives. Developed by CRIF, a global leader in digital solutions and business information, Synesgy provides a comprehensive suite of tools that enable businesses to assess their ESG performance and make informed, responsible business decisions. The Synesgy platform helps integrate sustainability standards into daily business operations by offering detailed key performance indicators and advanced tools for evaluating ESG compliance. These features allow businesses to proactively manage risks, align with regulatory expectations, and adhere to local and international sustainability standards. Moreover, adopting the platform can enhance a company's reputation, making it more appealing to investors and customers who prioritise sustainability. To ensure the effective adoption of Synesgy, Suez Canal Bank organised a dedicated workshop for senior executives, department heads, and relationship managers. This training equips them to better support clients in integrating the platform into their operations. This initiative aligns with Suez Canal Bank's broader vision to deliver innovative banking services that actively contribute to sustainable development goals. By enabling businesses to address environmental and social challenges, the bank is also helping unlock new avenues for sustainable economic growth in Egypt. Commenting on the partnership, Akef El Maghraby stated: 'This collaboration reflects the bank's dedication to embedding ESG into our banking practices and equipping our clients with the tools they need to make responsible decisions that enhance their business sustainability.' Marco Preti, CEO of CRIBIS D&B and General Manager of CRIF Group, added: 'We are pleased to partner with Suez Canal Bank to bring the Synesgy platform to Egypt. This marks an important step in supporting businesses to enhance their sustainability practices through advanced data and technology, helping them evaluate and improve their ESG performance.' CRIF is globally recognised as one of the leading credit rating agencies licensed by the European Securities and Markets Authority (ESMA). The company specialises in producing financial, commercial, and technical creditworthiness reports, alongside sustainability assessments that provide valuable insights for business, investment, and credit decision-making. Established in 1988 in Bologna, Italy, CRIF now operates in over 40 countries across four continents. Its services are used daily by more than 10,500 banks and financial institutions, 82,000 businesses, and over one million individual customers worldwide. Since 2016, CRIF has consistently been featured in the prestigious IDF FinTech Top 100 Rankings. Founded in 1978 as an Egyptian joint-stock company, Suez Canal Bank offers a wide range of banking and financial solutions tailored to the needs of corporate and individual clients. Through a network of 53 branches and a robust network of ATMs across Egypt, the bank aims to provide diverse, innovative products and services, as well as flexible financing options that feature competitive interest rates and convenient repayment plans.
bnok24
17-07-2025
- Business
- bnok24
Suez Canal Bank Partners with CRIF Egypt to Promote Sustainability through Synesgy Platform
Reaffirming its efforts in sustainability, Suez Canal Bank has signed a cooperation protocol with CRIF Egypt to introduce the Synesgy platform. This innovative platform enables clients to evaluate their sustainability performance, aligning with the bank's dedication to adopting Environmental, Social, and Governance (ESG) principles which supports Egypt's 2030 Vision for sustainable development The protocol signing ceremony was attended by Mr. Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, Mr. Shehab Zidan, Deputy CEO and Managing Director, along with heads of Corporate Banking, Corporate Finance & Investment Banking, and Sustainability & Sustainable Finance departments. From CRIF, Mr. Marco Preti, CEO CRIBIS D&B and General Manager CRIF Group, Mr. Manjeet Chhabra, Managing Director CRIF UAE & Egypt, Mr. Emad Kozman, Country Manager CRIF Egypt The partnership underscores Suez Canal Bank's efforts to integrate ESG practices into its operations and empower clients—particularly small and medium enterprises (SMEs)—to assess and enhance their sustainability efforts. Developed by CRIF, a global leader in digital solutions and business information, Synesgy offers a comprehensive suite of tools to evaluate ESG performance and make responsible business decisions Synesgy facilitates the integration of sustainability standards into daily operations by offering key performance indicators and advanced tools for assessing ESG compliance. These features help businesses manage risks, meet regulatory expectations, and align with both local and international sustainability standards. Additionally, the platform enhances companies' reputations, making them more attractive to investors and customers focused on sustainability Suez Canal Bank is ensuring the platform's seamless adoption. To this end, the bank organized a workshop attended by senior executives, department heads, and relationship managers to provide the necessary training and support for clients This initiative reflects Suez Canal Bank's vision to deliver advanced banking services that contribute to sustainable development goals. By empowering businesses to address environmental challenges, the bank is also fostering new opportunities for sustainable economic growth in Egypt Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, emphasized: 'This partnership reflects the bank's dedication to integrating ESG into its banking activities and providing clients with tools to make responsible decisions that enhance their business sustainability Marco Preti, CEO CRIBIS D&B and General Manager CRIF Group, highlighted the importance of this collaboration: 'We are pleased to partner with Suez Canal Bank to introduce the Synesgy platform in Egypt. This is a significant step in supporting businesses to strengthen their sustainability efforts through advanced technology and data, helping them evaluate and improve their ESG performance Google News تابعونا على تابعونا على تطبيق نبض
TECHx
25-06-2025
- Business
- TECHx
du Telecom Partners with CRIF to Boost ESG Performance
Home » Green Tech » du Telecom Partners with CRIF to Boost ESG Performance du, the telecom and digital services provider, announced a strategic partnership with CRIF, a global leader in credit information systems, analytics, and digital solutions. The partnership aims to enhance ESG (Environmental, Social, and Governance) performance across du's supply chain. As part of the collaboration, du will adopt Synesgy, CRIF's digital platform dedicated to evaluating ESG metrics. This move aligns with the growing global demand for sustainable business practices. du revealed that integrating Synesgy will strengthen its supplier review process and ensure alignment with its sustainability targets and regulatory standards. Adel AlRais, Head of Corporate Communication & Protocol at du, said the partnership with CRIF significantly improves supplier evaluation protocols. He emphasized that this step demonstrates du's commitment to responsible business and sustainability in the telecom sector. Synesgy offers detailed evaluations of suppliers' environmental, social, and governance performance. The platform helps du identify and manage ESG-related risks across its supply chain. Manjeet Chhabra, Managing Director of CRIF Gulf, stated that du's adoption of Synesgy reflects the growing importance of ESG in global business. He added that CRIF is proud to support du with data-driven tools for informed decision-making and sustainability leadership. du reported that the integration of Synesgy will also enable continuous monitoring and improvement of ESG practices. The initiative supports du's transparency goals and alignment with global sustainability benchmarks.
Mid East Info
25-06-2025
- Business
- Mid East Info
du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform - Middle East Business News and Information
This partnership is a step towards integrating sustainable practices within core business operations, elevating du's position as a pioneer in corporate sustainability within the telecommunication sector. Dubai, UAE, June, 2025: du, the leading telecom and digital services provider, today announced a strategic partnership with CRIF, a global leader specializing in credit information systems, analytics, and digital solutions. This collaboration aims to enhance the Environmental, Social, and Governance ESG performance within du's supply chain using Synesgy, CRIF's pioneering digital platform. Recognising the escalating global demand for sustainable business initiatives, du is proactively incorporating ESG factors into its supplier review process. The adoption of Synesgy allows du to delve deeper into the ESG performance of its suppliers, ensuring compliance with the company's ambitious sustainability targets and rigorous regulatory standards. Adel AlRais, Head of Corporate Communication & Protocol at du said: 'A partnership with CRIF and the integration of Synesgy into our systems demonstrably enhances our supplier evaluation protocols and underscores our dedication to sustainability. This initiative not only supports compliance with evolving legal requirements but also solidifies our leadership in fostering responsible business practices in telecommunications. It marks a pivotal step in ensuring our supply chain contributes to a sustainable and ethical future.' Synesgy will provide du with detailed evaluations regarding the ESG efforts of its suppliers, furnishing a broad perspective on their environmental impacts, social contributions, and governance practices. The platform enables du to identify and manage potential ESG-related risks within its supply chain, aiding in the maintenance of sustainable business practices over the long term. Manjeet Chhabra, Managing Director of CRIF Gulf, said: 'du's decision to adopt Synesgy as a core tool for supplier evaluation reflects the growing importance of ESG factors in global business practices. We are proud to support du in its journey toward enhanced sustainability, offering data-driven insights and advanced tools to help businesses make informed decisions and lead in the era of responsible business.' Leveraging advanced analytics, Synesgy facilitates continuous monitoring and improvement of supplier ESG practices, supporting du's sustainable development goals. This initiative will further du's commitment to transparency and high ethical standards, aligning with international sustainability criteria and benchmarks. About du: du adds life to life with a comprehensive portfolio of mobile, fixed, broadband, entertainment services, and fintech solutions. Through a digital-first approach powered by ultra-reliable fiber and 5G technology, du delivers bespoke solutions leveraging cloud computing, AI-driven analytics, advanced cybersecurity, and IoT integration. As a trusted digital telco enabler spearheading the UAE's digital transformation, we collaborate with a dynamic partner ecosystem to propel industries and society toward operational excellence, shaping a more connected and digitally advanced future across the region. About CRIF: CRIF is a global company specializing in credit and business information, advanced digital solutions, and analytics for risk management and business development. Through platforms like Synesgy, CRIF helps businesses across various industries assess and enhance their ESG performance, ensuring alignment with international sustainability standards.
