Egypt - عربي

NBAD's Sustainable Business

Committed to lend, invest and facilitate a total of US$10 billion of financing within the next 10 years to projects focussed on environmentally sustainable activities.

NBAD’s strategy remains focused on supporting economic growth and financing transformative projects across the West-East Corridor.

Sustainable Banking is a core part of NBAD’s business. In September 2015, NBAD became the first bank in the UAE to sign up to the Equator Principles, a voluntary set of guidelines based on International Finance Corporation standards on social and environmental sustainability and the World Bank Group's environmental, health and safety guidelines. Environmental and social risk management is a key priority for NBAD, therefore policies and standards will continue to evolve in response to emerging risks and new product development. NBAD is also consistently one of the top 10 rated companies across the S&P Hawkamah Pan Arab ESG Index, the Institute for Corporate Governance.

NBAD investment in environmentally sustainable activities
National Bank of Abu Dhabi (NBAD), on the occasion of the World Future Energy Summit (WFES) 2016, has committed to lend, invest and facilitate a total of US$10 billion of financing within the next 10 years to projects focussed on environmentally sustainable activities. The commitment, which is a first for a GCC bank, supports the research from NBAD’s ‘Financing the Future of Energy Report’, which identified a funding gap of US$48 trillion required in the next 20 years to meet global energy demand, with renewables playing a critical role in the energy mix of the future.

The World Future Energy Summit (WFES) in Abu Dhabi

The World Future Energy Summit (WFES) is the world’s most influential event dedicated to advancing future energy, energy efficiency and clean technology. It’s where government leaders, thought leaders, entrepreneurs, investors and thousands of visitors come together to experience the latest developments in future energy.

2015 Future of energy report
Financing the future of energy - Download the executive summary

Financing the future of energy - Download the full report

The argument that this report makes has four pillars