Crédit Agricole du Maroc: undisputed leader
Crédit Agricole du Maroc (CAM) takes 1st place with a remarkable score of 87/100. Its strength lies in the Environment pillar where it reaches 92/100 thanks to: (1) more than 18 billion MAD of green financing (drip irrigation, agricultural solar energy, sustainable forest management) since 2020, (2) issuance of Africa's first sovereign agricultural green bond in 2024 (700 million EUR over 10 years, oversubscribed 3.2x), (3) Aman program for micro-financing of 8,000 women's argan cooperatives and agricultural cooperatives.
BMCE Bank of Africa and Attijariwafa: 'green' duo
BMCE Bank of Africa (BoA) follows with 84/100, thanks to its pan-African leadership and early commitment to climate finance: issuance of Morocco's first corporate climate bond in 2022 (250M USD), green portfolio reaching 14% of total outstanding end-2025 (target 25% by 2030), strategic partnership with European Investment Bank (EIB) for 800M EUR of credit lines dedicated to green projects.
Why ESG ranking matters to you
Bank ESG is not just a corporate communication matter. For an individual customer, choosing a better-ranked bank means: (1) participating in a financial system that doesn't invest in harmful sectors (coal, deforestation, controversial weapons), (2) benefiting from green-related product innovations (preferential rate loans for electric vehicles, renovation credits for thermal insulation with bonus rate), (3) accessing financial inclusion services (microcredit, free accounts) if eligible.
Article based on official public data + wafir.ma expert sources. All cited statistics are verifiable with the mentioned organizations.
Tags