- Recognition is testament to Group’s commitment to sustainability
- Accreditation aligns bank’s CSR practices to global standards
Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has received the CSR Label by Dubai Chamber for its efforts in Corporate Social Responsibility (CSR).
Regarded as one of the highest levels of accreditation for the sustainability practice of a business, the CSR Label from Dubai Chamber is aimed at encouraging and building a more sustainable future in the UAE. It acts as a quality seal to certify that the organisations’ programmes and business policies are built on international standards while ensuring local relevance. The Dubai Chamber CSR Label considers and evaluates an organisation’s approach to CSR and Sustainability across four impact areas: Workplace, Marketplace, Community and Environment.
The bank achieved a 70 percent overall score as a first-time applicant, which is higher than the average of 66.4 percent, with ‘community’ noted as a key strength.
Emirates NBD was an early adopter to digitisation and undertakes a range of programmes and initiatives to create shared value for stakeholders across its markets. Guided by its overall sustainability strategy, the bank strives to contribute to and invest in socially responsible programmes and solutions that are aligned to the United Nations SDGs and the UAE’s vision. A regional pioneer in sustainability initiatives, in the past few years Emirates NBD has contributed significantly towards advocacy for the rights of people with disabilities, financial literacy, women’s empowerment, health and wellness, community development and the environment.
Commenting on the announcement, Moadh Bukhash, Chief Marketing Officer at Emirates NBD said, “We feel a sense of immense pride for being recognised as a socially responsible organisation by Dubai Chamber. At Emirates NBD, we understand that the future of our business growth is deeply connected to sustainable innovation and responsible operations across business lines. As a bank that strives to grow its sustainable practice, we remain strongly committed to growing our sustainability efforts in alignment with international guidelines, industry best practice and the national vision.”
About Emirates NBD:
Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Turkey) region with a presence in 13 countries, serving over 14 million customers. As on 30th September 2021, total assets were AED 699 Billion, (equivalent to approx. USD 190 Billion). The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 906 branches and 4,084 ATMs / SDMs.
Emirates NBD Group serves customers, businesses, governments and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
The Group is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. The Group also operates E20., a digital business bank for entrepreneurs and SMEs and Liv., the lifestyle digital bank for millennials. Emirates NBD is an active participant and supporter of the UAE’s main development and sustainability initiatives, including financial literacy and the inclusion of people with disabilities. Emirates NBD Group is a Premier Partner and the Official Banking Partner for Expo 2020 Dubai.