Leading UAE bank signs MoU on sustainability with Microsoft

Leading UAE bank signs MoU on sustainability with Microsoft

Emirates NBD has signed a Memorandum of Understanding to enter a sustainability and innovation focused collaboration with Microsoft.

The initiatives will be built on the back of the parties’ recent collaborative effort – the digital partnership and technology operating model that brought the bank a step towards fulfilling their vision to be the most innovative bank for its customers, people and communities.

The collaboration aims to enable focused advancement of sustainability goals for both parties through knowledge sharing, and by identifying opportunities for each party to support the implementation of collaborative frameworks and the development of future commitments.

The collaboration’s operational model is envisioned to focus on the following pillars:

Measurement: Using Microsoft Emissions Impact Dashboard for insights into the bank’s carbon emissions and Microsoft’s Cloud for Sustainability to help measure its carbon impact.

Data conversion: Leveraging Microsoft’s advanced analytics and machine learning tools to translate existing and new data into actionable insights and jointly identify opportunities to advance collective sustainability goals.

Ecosystem development: Leveraging Microsoft’s global ecosystem to position prebuilt and custom solutions that can address Emirates NBD’s sustainability initiatives.

Process improvements: Jointly identifying sustainability use