Emirates NBD announces prestigious LEED certifications awarded across branches in the UAE and Saudi Arabia

Press release
Published June 16th, 2024 - 05:12 GMT

Fourteen Emirates NBD branches across the UAE and Saudi Arabia have received the prestigious LEED certification during 2024 taking the total number of certified branches to 27
Fourteen Emirates NBD branches across the UAE and Saudi Arabia have received the prestigious LEED certification during 2024 taking the total number of certified branches to 27
Highlights
Certification includes Platinum and Gold level ratings, the highest rating achievable internationally

Dubai, UAE, 14 June 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region has been awarded the prestigious leadership in Energy and Environmental Design LEED certification for twelve of its branches by the U.S. Green Building Council (USGBC).

Seven of Emirates NBD’s branches in the UAE, located at Yas Mall, Al Reem Mall, Al Barsha Branch, Mirdif City Centre, Sharjah City Centre and Deira City Centre, have been certified LEED Platinum and Al Zahia Mall branch has been certified LEED Gold, marking a significant milestone in Emirates NBD’s sustainability commitments.

In Saudi Arabia, Emirates NBD became the first bank to achieve LEED Platinum certification for its KAFD branch. This recognition was in addition to the recent six branches in Saudi Arabia awarded LEED gold certificates, which included the branches in Jeddah Trio Branch, Al Shefa Branch, Qourtobah Branch and Anas Bin Malik Branches in Riyadh in addition to Jubail Branch and Qassim Buraida Branch. The standout sustainability innovations across all Emirates NBD branches receiving the LEED certification were; optimised energy performance, waste management, water use reduction, use of low-emitting materials and thermal comfort.

Commenting on the achievement, Eman Abdulrazzaq, Group Chief Operating Officer at Emirates NBD, said: “We are delighted to achieve LEED Platinum and Gold ratings across Fourteen of our UAE and Saudi Arabia bringing our total LEED certified branches to 27. This reflects our commitment to achieving the highest standard of green building performance and reducing operational emissions as part of our broader ESG Strategy.

Vijay Bains, Chief Sustainability Officer and Group Head of ESG at Emirates NBD, said: “Emirates NBD’s commitment to delivering global standards for sustainability in line with the UAE’s Net Zero goals and our COP28 commitments is clearly demonstrated through our achievement of Platinum and Gold LEED certification numerous branches in the UAE and Saudi Arabia. Emirates NBD is dedicated to ensuring that our branches use cutting edge technology and innovation in the built environment, so we play a key role in creating a healthy and sustainable future.

This accomplishment positions Emirates NBD as the leading bank in MENA region with the highest number of LEED branches certified. This achievement is a testament to our adherence to our sustainability goals and demonstrates how Emirates NBD leads by example when it comes to sustainability and embraces innovation in our operations.”

The LEED framework, developed by USGBC, is the foremost program recognised for implementing several sustainable strategies including energy efficiency, water conservation, waste management, transportation, and human experience. LEED is the most widely used sustainable buildings rating system in the world. It provides a framework for healthy, highly efficient and cost-saving sustainable buildings and has gained global recognition for its comprehensive approach to evaluating and certifying sustainable building practices.

Emirates NBD first received LEED certification across several of its branches in 2020, making it the first bank in the region to achieve this accolade. Emirates NBD Group was the Principal Banking Partner for the 28th edition of the United Nations Climate Change Conference (COP28), being held in Dubai, UAE in 2023 and is a key contributor to the UAE’s Sustainability agenda. The Group is a signatory to the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate Change and Environment, in support of the UAE’s Net Zero 2050 Initiative.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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