Emirates NBD Group signs UAE Climate-Responsible Companies Pledge supporting UAE’s Net Zero 2050 Initiative

Emirates NBD Group signs UAE Climate-Responsible Companies Pledge supporting UAE’s Net Zero 2050 Initiative

- Pledge further solidifies Group’s commitment to fight climate change and reduce its carbon footprint

- Group to also support the Third Update of the Second Nationally Determined Contribution (NDC), aiming to slash carbon emissions by 40 per cent by 2030

Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has signed the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate Change and Environment.

As a part of its ongoing commitment to achieving net-zero goals, Emirates NBD Group is among the seventh cohort of 15 signatories in the UAE to sign the pledge and commit to implement carbon emission reduction goals and follow more sustainable methods in managing their operations, according to a timeline compatible with the UAE's national path to climate neutrality by 2050. The pledge was made in the presence of Her Excellency Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment at the launch of the 11th National Dialogue for Climate Ambition organised by the Ministry under the slogan 'Accelerating the Shift; Decarbonizing Ground Mobility' in collaboration with Emirates Driving Company.

The initiative coincides with the UAE’s Year of Sustainability as the Emirate of Dubai prepares to host