Emirates NBD reinforces ESG commitment with new sustainability milestones

  • First Arab bank to secure LEED Platinum certification for MOE branch

Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, is taking its commitment to sustainability to new heights. The bank has announced that four of its branches in the UAE and KSA have achieved LEED Platinum and LEED Gold certifications.

The Emirates NBD Mall of the Emirates (MOE) branch in Dubai is now the first LEED Platinum ID+C V4 bank in the MENA region and the first Arab bank branch globally to obtain this certificate, marking a significant milestone in the bank’s sustainability journey. 

The Emirates NBD Capital LTD office at ICD Brookfield in Dubai was also awarded LEED Platinum certification while the Emirates NBD branches in Dammam and Jeddah in the Kingdom of Saudi Arabia obtained a LEED Gold certificate. 

Previously, Emirates NBD’s branches in Umm Suqeim, Nakheel Mall and Burj Khalifa branch and Al Quds branch in Riyadh, KSA secured the prestigious LEED Gold certification.

Marwan Hadi, Group Head, Retail Banking and Wealth Management at Emirates NBD, commented: “As part of our ongoing commitment to sustainability, we are pleased to continue to progress our efforts through additional LEED Platinum and LEED Gold certification for four of our branches. Moreover, as a leading banking group in the MENAT region that is committed to supporting the UAE’s Year of Sustainability, we are pleased that our MOE branch has become the first Arab bank branch to secure the prestigious LEED Platinum certification. We are proud of this recognition, and I would like to thank all of those who have worked hard to achieve this certification.”

Vijay Bains, Group Chief Sustainability Officer and Group Head of ESG at Emirates NBD, commented: “Sustainability has been at the core of our strategy for years. Obtaining these prestigious LEED certifications is testament to Emirates NBD’s commitment to operating in a sustainable manner, aligned with the UN Sustainable Development Goals (SDGs), UAE Vision 2030, and the Dubai Declaration for Sustainable Finance.”

The LEED (Leadership in Energy and Environmental Design) rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance.

Emirates NBD strives to contribute to and invest in socially responsible programmes and solutions that address the United Nations SDGs, the UAE Vision 2030, and the United Nations Environmental Programme Dubai Declaration for Sustainable Finance that was launched during the UNEP FI (UN Environment Programme Finance Initiative)’s 14th Global Roundtable under the auspices of the Ministry of Climate Change and Environment. A regional pioneer in sustainability initiatives, the bank began formally reporting on its efforts in 2016 with the publication of its first Sustainability Report. Emirates NBD is also an active player in the Corporate Social Responsibility (CSR) arena, in addition to being a champion of private volunteering through its Exchanger programme.

About Emirates NBD:

Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 17 million customers. As at 31st March 2023, total assets were AED 782 billion, (equivalent to approx. USD 213 billion). The Group has operations in the UAE, Egypt, India, Türkiye, 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 874 branches and 4,144 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion.  

Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking 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 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv., the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.

Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE’s main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE’s Year of Sustainability and is an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.