2023-11-03 07:05:58
Dubai, United Arab Emirates: Mashreq, one of the leading financial institutions in the MENA region, announced the launch of Climb2Change, a global initiative that brings together the bank’s wide-ranging ESG initiatives and achievements, including Mashreq’s commitments to sustainable finance. And his ambitions to accelerate environmental efforts and social impact. Climb2Change not only focuses on Mashreq’s active participation in the United Nations Climate Change Conference (COP28) next December, but also underscores Mashreq’s unwavering commitment to leadership in sustainability and impact.
The unique global Climb2Change initiative is set to leverage Mashreq’s strong performance in sustainability finance, responsible banking products and services, social impact initiatives, and commitment to net zero emissions, to enhance the bank’s leadership in sustainable banking in the MENA region and globally. .
Commenting, Ahmed Abdel-Al, CEO of Mashreq Group, said: “Our influential role as a leading banking institution in the UAE and the region in general is to direct capital flows and provide clients with solutions that go beyond traditional financing concepts. In this sense, our strategic global initiative will contribute The new Climb2Change initiative will effectively reinforce this commitment, and the role of this initiative will not only be to raise the level of our operations to meet the highest standards of environmental, social and corporate governance, but it will also enable us to achieve shared value for all parties concerned, in keeping with our concept of the need for each one of us to play his role and responsibility. ”
Ahmed Abdel-Al explained: “The launch of Climb2Change coincides strategically with our active participation in the COP28 Conference of the Parties, as our vision for this initiative extends beyond simply seeking change and to raise our aspirations towards strengthening the bonds of cooperation between individuals and companies who share these visions and principles. Our goal is not only to inspire others, but also to Empowering them to start their own journey through Climb2Change, and to drive the expansion of efforts and commitments towards ESG, to ensure a more sustainable future for all.”
Through a new initiative coming under the umbrella of Climb2Change, Mashreq will undertake the largest mountain clean-up operation in the world through trips extending to 14 mountains, including access to the peaks of 7 mountains, and basic camping areas in the remaining 7 mountains. This initiative aims to build awareness, promote recycling practices, reduce waste and preserve the environment at the global level, in line with Mashreq’s commitment to sustainability and its keenness to make a positive change in the world.
Mashreq also aims to involve decision-makers, responsible bodies, local communities, organizations and volunteers interested in mountains, within the framework of a cooperative effort that seeks to create a cleaner and healthier environment for all.
It is worth noting that Mashreq’s continuous initiatives make it an ideal model, as the bank invites individuals and companies that are aligned with it in its mission and vision around the world to participate in the Climb2Change journey and contribute together to building a sustainable world.
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About Mashreq Bank
Mashreq’s journey spans more than fifty years of success and achievements, and this long-established financial institution continues to compete and innovate with the energy and determination of startups and ambitious entrepreneurs. As one of the first private banks in the region, Mashreq was distinguished by launching and developing a number of the most prominent innovative solutions and products in the banking sector, starting with digital services tailored for new customers, to providing support to major companies, institutions and wealthy individuals in the region.
Mashreq seeks to provide support and assistance to its customers in their daily lives and to help them through; “Challenge today” to achieve more progress and prosperity in their journey, participate in facing challenges, achieving their financial goals, and unleashing their aspirations towards excellence and success.
Despite Mashreq’s strong presence in a number of the most prominent financial centers in the world, Mashreq’s main headquarters and global operations are still in the Middle East, to provide its customers with the best banking services that suit their lifestyles, as well as providing them with opportunities at any time and place.
With us, “Challenge Today”, and we will continue to support you in every step you take. Please visit www.Mashreq.com/rise
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