Business
QNB Group again honoured as ‘Sustainability Leader in the Middle East’ by Forbes
October 23, 2024 | 06:50 PM
QNB Group has once again been honoured as a ‘Sustainability Leader in the Middle East’ by Forbes.This award recognises QNB’s Group CEO Abdulla Mubarak al-Khalifa, as one of the region’s sustainability leaders, through the bank’s continued sustainability achievements and initiatives.This marks the second consecutive year that QNB Group and its GCEO have been recognised in the banking and financial services category, a testament to their commitment to sustainable financing and leadership in the industry.QNB is the only Qatari bank included in this prestigious ranking, showcasing its unwavering dedication to embedding environmental, social, and governance (ESG) standards into its business and operations.QNB Group’s sustainable finance portfolio of over $9bn includes green, social, and sustainability-linked transactions, delivering positive impact for both environment and society.The group has issued $1.1bn in sustainable bonds to date, and earlier this year, QNB was proud to be a key co-ordinator in Qatar’s first sovereign $2.5bn green bond issuance. In its own operations, the Bank has achieved a 48% decrease in greenhouse gas emissions since 2017."We are honoured to be acknowledged once again by Forbes as sustainability leaders in the Middle East,” said Abdulla Mubarak al- Khalifa, CEO, QNB Group."This recognition is a testament to our long-standing commitment to sustainability and our responsibility towards fostering a greener and more inclusive future. We remain committed to driving sustainable financing and embedding environmentally friendly practices, as we believe they are crucial to the long-term success of both QNB and the communities we serve.”QNB Group stands as the leading financial institution in the Middle East and Africa, recognised as one of the most valuable banking brands in the region. With a robust presence in some 28 countries across three continents, Asia, Europe, and Africa; QNB offers comprehensive financial services and solutions.QNB’s global network, backed by a commitment to innovation and excellence, serves a diverse clientele, spanning corporate, institutional, and retail sectors.QNB’s team of over 31,000 professionals is dedicated to driving growth and providing advanced, tailored products and services that meet the evolving needs of customers worldwide.
October 23, 2024 | 06:50 PM