Our sustainability journey

At AlRayan Bank, sustainability is woven into everything we do - from our purpose and culture to our day-to-day operations. 

We’ve maintained carbon neutrality, fostered an inclusive workplace, supported vulnerable customers, and upheld strong governance standards. These efforts reflect our commitment to making a meaningful, lasting impact.

We’ve proudly been carbon neutral since 2022 — a reflection of our commitment to sustainability.

We report all relevant emissions in line with the Companies Act 2006, with calculations verified by Carbon Neutral Britain using the GHG Protocol and UK Government conversion factors.

Our footprint covers:

• Scope 1 & 2: UK premises
• Scope 3: Business travel — private car, air, and public transport

• Carbon neutral certification

Since 2019, we’ve cut paper usage by 75%. In 2024, we used 736,870 A4-equivalent sheets - a 50% reduction from the previous year. Key drivers for this impressive reduction include default paperless bank statements and quarterly savings account statements. 

While occasional printed communications remain necessary, we continue to prioritise digital channels wherever possible.

This information, provided by the Bank’s main external print suppliers, includes customer communications, account statements, welcome letters, product literature etc. It is not an exhaustive list but illustrates the overall trend of paper usage.

We’re making low-carbon commuting easier and more accessible. Our Electric Car Scheme is gaining traction, with 12 EVs ordered - up from 9 in 2023 - saving over 10,000 kg of CO₂e. Nearly 70% of colleagues have explored quotes, and new charging points at our Birmingham office are helping drive uptake.

2024 Highlights:

• 381,000 miles committed
• 10,960 kg CO₂e saved
• 3,726 kg Scope 3 reduction*

*Based on Distance-Based Impact methodology

Our Cycle to Work Scheme also supports greener travel and healthier lifestyles, offering up to 42% savings on bikes and equipment. 

We continue to promote rail over road for business travel. In 2024, colleagues travelled over 105,000 miles by train - avoiding 38,334 kg of CO₂.

We’re proud to report an 87% employee engagement rate — well above the UK average. Colleagues consistently cite:

• Supportive teams
• Inspiring leadership
• Flexible working
• Fair bonus scheme
• Clear communication of our vision

Our annual Gala Dinner celebrates success, with 100% of 2025 attendees feeling more positive about the Bank.

Well-being & Inclusion in Action

Our volunteer-led Well-being Group drives initiatives that support mental, physical, and social health:

• Walk to Qatar: A step challenge linking London to Doha
• Painting for Mindfulness: Creative sessions to unwind and connect
• Al Rayan Bake-Off: Strengthening team bonds through friendly competition

We’ve trained Mental Health First Aiders in both London and Birmingham, and offer annual health screenings to all staff.

Our “Creating a Culture of Emotional Inclusion” workshops empower colleagues to shape environments where they thrive.

Diversity, Benefits & Community Impact

We’re committed to building a diverse, inclusive workplace:

• 50%+ ethnic minority representation across the Bank
• 66% of Executive Committee from ethnic minority backgrounds
• 30%+ female representation, including 28% at Board level
• Active members of Women in Banking & Finance (WIBF)

In 2024, we launched a volunteering scheme offering paid time off to support charitable causes.

Our benefits include:

• Non-contributory pension (with 98% participation)
• Private health cover & annual screenings
• 30 days leave + buy/sell options
• Electric car & cycle-to-work schemes
• Generous family leave policies

In partnership with Educate a Child International, the Bank's official charity partner, we’re supporting education for vulnerable children in Malawi.

Find out more