NBB initiates largest network-wide solar project in banking sector

TDT | Manama           

The Daily Tribune – www.newsofbahrain.com

The NBB Group, comprising of the National Bank of Bahrain (NBB) and Bahrain Islamic Bank (BisB), has completed the installation of solar energy panels across a number of its locations in the Kingdom. The panels will generate a sustainable source of energy for NBB’s Istiqlal and Riffa Souq branches and BisB’s Arad and Hamad Town financial malls.

In line with its efforts to adopt sustainable practices that go beyond its financial operations, the Group has set the benchmark within the banking sector through its four solar-powered branches, cementing the organisation’s position in reducing its overall carbon footprint. The branches are estimated to reduce their annual carbon emissions by 50%. Dana Buheji, Group Chief Human Resources & Sustainability Officer, said: “Our solar panel system produces more than 350 kWp across the four branches, optimising both our energy consumption and costs.

We look forward to expanding the project to encompass a wider range of NBB and BisB locations, alongside realising the Group’s strategy for future environmental and sustainable practices within the industry.” Haitham Seyadi, Group Head of Property, Procurement and Administration at NBB, said: “Through the positive results of our solar energy panels, we aim to increase awareness on the importance of ESG in the Kingdom by adopting such practices across our operations.”