Statement of use
BSF has reported the information cited in this GRI
content index for the period ended 31 December 2025,
with reference to the GRI Standards.
Methods of Engagement
GRI 1: Foundation 2021
| GRI Standard | Disclosure | Location in the Ar [Section] |
| GRI 2: General Disclosures 2021 | 2-1 Organizational details |
About the Report BSF at a glance |
| 2-2 Entities included in the organization’s sustainability reporting | About the Report | |
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2-3 Reporting period, frequency and contact point |
About the Report | |
| 2-4 Restatements of information |
About the Report Accelerating Sustainable Economic Growth Protecting Our Communities Serving Our Clients Financial Statements |
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| 2-5 External assurance | Financial Statements | |
| 2-6 Activities, value chain and other business relationships |
BSF at a Glance Accelerating Sustainable Economic Growth |
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| 2-7 Employees | Creating a Thriving Workplace | |
| 2-8 Workers who are not employees | NA | |
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2-9 Governance structure and composition |
Our Approach to ESG Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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| 2-10 Nomination and selection of the highest governance body | Exemplifying the Highest Ethical and Governance Standards | |
| 2-11 Chair of the highest governance body |
Our Approach to ESG Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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| 2-12 Role of the highest governance body in overseeing the management of impacts |
Our Approach to ESG Exemplifying the Highest Ethical and Governance Standards |
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2-13 Delegation of responsibility for managing impacts |
Our Approach to ESG Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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| 2-14 Role of the highest governance body in sustainability reporting |
Our Approach to ESG Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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| 2-15 Conflicts of interest |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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2-16 Communication of critical concerns |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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| 2-17 Collective knowledge of the highest governance body |
Our Approach to ESG Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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2-18 Evaluation of the performance of the highest governance body |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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| 2-19 Remuneration policies |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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| 2-20 Process to determine remuneration |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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| 2-21 Annual total compensation ratio |
Creating a Thriving Workplace | |
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2-22 Statement on sustainable development strategy |
Strategic Direction
Our Approach to ESG Creating a Thriving Workplace Serving Our Clients Protecting Our Communities Accelerating Sustainable Economic Growth |
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| 2-23 Policy commitments |
Our Approach to ESG Creating a Thriving Workplace Serving Our Clients Protecting Our Communities Exemplifying the Highest Ethical and Governance Standards |
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| 2-24 Embedding policy commitments |
About the Report Our Approach to ESG Creating a Thriving Workplace Serving Our Clients Protecting Our Communities Exemplifying the Highest Ethical and Governance Standards Accelerating Sustainable Economic Growth |
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2-25 Processes to remediate negative impacts |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Protecting Our Communities |
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| 2-26 Mechanisms for seeking advice and raising concerns |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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2-27 Compliance with laws and regulations |
About the report Exemplifying the Highest Ethical and Governance Standards |
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| 2-28 Membership associations | https://bsf.sa/english/home | |
| 2-29 Approach to stakeholder engagement |
Our Approach to ESG Serving Our Clients Protecting Our Communities Appendix A: BSF Stakeholders |
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| 2-30 Collective bargaining agreements | Not applicable in Saudi Arabia | |
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GRI 3: Material Topics 2021 |
3-1 Process to determine material topics |
About the Report Our Approach to ESG |
| 3-2 List of material topics |
About the Report Our Approach to ESG |
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| 3-3 Management of material topics |
About the Report Strategic Direction Our Approach to ESG Accelerating Sustainable Economic Growth Creating a Thriving Workplace Serving Our Clients Protecting Our Communities Exemplifying the Highest Ethical and Governance Standards |
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GRI 201: Economic Performance 2016 |
201-1 Direct economic value generated and distributed | Accelerating Sustainable Economic Growth |
| 201-2 Financial implications and other risks and opportunities due to climate change | Exemplifying the Highest Ethical and Governance Standards | |
| 201-3 Defined benefit plan obligations and other retirement plans |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards Board of Directors Report |
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GRI 202: Market Presence 2016 |
202-2 Proportion of senior management hired from the local community | Creating a Thriving Workplace |
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GRI 203: Indirect Economic Impacts 2016 |
203-1 Infrastructure investments and services supported |
Accelerating Sustainable Economic Growth Creating a Thriving Workplace Serving Our Clients Protecting Our Communities |
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203-2 Significant indirect economic impacts |
Accelerating Sustainable Economic Growth Creating a Thriving Workplace Serving Our Clients Protecting Our Communities |
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GRI 204: Procurement Practices 2016 |
204-1 Proportion of spending on local suppliers | Accelerating Sustainable Economic Growth |
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GRI 205: Anti-corruption 2016 |
205-1 Operations assessed for risks related to corruption |
Exemplifying the Highest Ethical and Governance Standards |
| 205-2 Communication and training about anti-corruption policies and procedures |
Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
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| 205-3 Confirmed incidents of corruption and actions taken | Exemplifying the Highest Ethical and Governance Standards | |
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GRI 207: Tax 2019 |
207-1 Approach to tax |
Accelerating Sustainable Economic Growth Exemplifying the Highest Ethical and Governance Standards |
| 207-2 Tax governance, control, and risk management |
Accelerating Sustainable Economic Growth Exemplifying the Highest Ethical and Governance Standards |
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| 207-3 Stakeholder engagement and management of concerns related to tax |
Exemplifying the Highest Ethical and Governance
Standards Appendix A: BSF Stakeholders |
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GRI 302: Energy 2016 |
302-1 Energy consumption within the organization | Protecting Our Communities |
| 302-4 Reduction of energy consumption |
Protecting Our Communities Serving Our Clients |
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| 302-5 Reductions in energy requirements of products and services |
Protecting Our Communities Serving Our Clients |
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GRI 303: Water and Effluents 2018 |
303-5 Water consumption | Protecting Our Communities |
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GRI 305: Emissions 2016 |
305-1 Direct (Scope 1) GHG emissions | Protecting Our Communities |
| 305-2 Energy indirect (Scope 2) GHG emissions | Protecting Our Communities | |
| 305-4 GHG emissions intensity | Protecting Our Communities | |
| 305-5 Reduction of GHG emissions |
Our Approach to ESG Protecting Our Communities Serving Our Clients |
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GRI 306: Waste 2020 |
306-4 Waste diverted from disposal | Protecting Our Communities |
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GRI 308: Supplier Environmental Assessment 2016 |
308-1 New suppliers that were screened using environmental criteria | Accelerating Sustainable Economic Growth |
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GRI 401: Employment 2016 |
401-1 New employee hires and employee turnover | Creating a Thriving Workplace |
| 401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees | Creating a Thriving Workplace | |
| 401-3 Parental leave | Creating a Thriving Workplace | |
| GRI 403: Occupational Health and Safety 2018 | 403-1 Occupational health and safety management system | Creating a Thriving Workplace |
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403-2 Hazard identification, risk assessment, and incident investigation |
Creating a Thriving Workplace | |
| 403-3 Occupational health services | Creating a Thriving Workplace | |
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403-4 Worker participation, consultation, and
communication on occupational health and safety |
Creating a Thriving Workplace | |
| 403-5 Worker training on occupational health and safety | Creating a Thriving Workplace | |
| 403-6 Promotion of worker health | Creating a Thriving Workplace | |
| 403-8 Workers covered by an occupational health and safety management system | Creating a Thriving Workplace | |
| 403-9 Work-related injuries | Creating a Thriving Workplace | |
| 403-10 Work-related ill health | Creating a Thriving Workplace | |
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GRI 404: Training and Education 2016 |
404-1 Average hours of training per year per employee | Creating a Thriving Workplace |
| 404-2 Programs for upgrading employee skills and transition assistance programs |
Creating a Thriving Workplace Serving Our Clients |
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| 404-3 Percentage of employees receiving regular performance and career development reviews | Creating a Thriving Workplace | |
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GRI 405: Diversity and Equal Opportunity 2016 |
405-1 Diversity of governance bodies and employees |
Our Approach to ESG Creating a Thriving Workplace Exemplifying the Highest Ethical and Governance Standards |
| 405-2 Ratio of basic salary and remuneration of women to men | Creating a Thriving Workplace | |
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GRI 406: Non-discrimination 2016 |
406-1 Incidents of discrimination and corrective actions taken | Creating a Thriving Workplace |
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GRI 413: Local Communities 2016 |
413-1 Operations with local community engagement, impact assessments, and development programs |
Serving Our Clients Protecting Our Communities |
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GRI 414: Supplier Social Assessment 2016 |
414-1 New suppliers that were screened using social criteria | Accelerating Sustainable Economic Growth |
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GRI 417: Marketing and Labeling 2016 |
417-1 Requirements for product and service information and labeling | Serving Our Clients |
| GRI 418: Customer Privacy 2016 | 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data |
Serving Our Clients Exemplifying the Highest Ethical and Governance Standards |