QNB Group abides all sustainability standards, certifications and ESG criteria

  • Date: 07-Nov-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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QNB Group abides all sustainability standards, certifications and ESG criteria

- QNB Alahli participates in COP 27 hosted by Egypt in Sharm El Sheikh

CAIRO /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, announced its participation in the 27th session of the United Nations Conference on Climate Change (COP27) to be held in Egypt, in Sharm El-Sheikh on 7- 18th of November.

COP27 will bring together representatives from 197 countries to address international climate change issues, and the ways to drive the transition to more efficient and sustainable economies. The conference will also focus on reviewing repercussions of climate change in Africa.

A key participant at the event, QNB Group strongly supports the efforts exerted towards the green economy transition in all sectors, mainly energy-intensive industries to mitigate the adverse impact of carbon emissions on both current and future generations that hinders sustainable development. The bank also focuses on supporting SMEs in overcoming environmental risks and aligning with sustainability standards. Further, the group integrates the Environmental, social, and governance (ESG) standards in all its finance activities and supply chain operations. Hence, the bank propels sustainability in all sectors through its wide array of financial programs, services, and banking solutions as well.

QNB also goes the extra mile, as