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Dubai - Emirates NBD, a leading banking group in the region, has issued its first annual Sustainability Report covering the organisation’s social, ethical, corporate governance and environmental performance across the calendar years 2015 and 2016.
The report, prepared in accordance with the GRI Standards: Core option, is also aligned to the GRI G4 Financial Services Sector Disclosures and United Nations Global Compact (UNGC) Principles.
Group CEO Shayne Nelson stated: “We have incorporated sustainability as one of our key growth deliverables, and are proud to be a regional leader in innovation by developing smart and user-friendly products and services. We have acted with integrity and transparency towards all stakeholders including shareholders, customers and employees and used our leadership and expertise to address various social and environmental challenges which positively contribute towards the communities we serve.”
Key focus areas of Emirates NBD’s Social Investment Strategy Framework comprise the #TogetherLimitless advocacy platform for people with disabilities and #moneywise to encourage and promote financial literacy, with support areas comprising health and wellbeing, women empowerment, community development and the environment. During 2015 and 2016, the Group contributed over AED 59 million across its social investment programmes. Emirates NBD’s award-winning corporate volunteering programme Exchanger, established in 2015, has seen a 61% increase in the number of volunteers over the last year, and has directly impacted more than 45,000 members of the public.
Emirates NBD recently became one of 11 financial institutions in the country to have signed the ‘Dubai Declaration of Financial Institutions in the United Arab Emirates on Sustainable Finance,’ as part of the Group’s commitment to align its activities with the UAE Vision 2021, the UAE Government’s commitment to the Paris Climate Agreement, United Nations Convention for the Rights of Persons with Disabilities, the United Nations’ Sustainable Development Goals and the UAE Green Agenda 2015-2030.
A full copy of the report is available on Emirates NBD’s website.
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About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 31st March 2017, total assets were AED 452 Billion, (equivalent to approx. USD 123 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. The bank currently has 222 branches and 1013 ATMs and CDMs in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand. It is a major player in the UAE corporate and retail banking arena and has strong Islamic Banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
The Group is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform.
For more information, please visit: www.emiratesnbd.com
For further information on Emirates NBD, please contact:
Ibrahim Sowaidan
Senior Vice President
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com
© Press Release 2017
