NBB named ‘Bahrain’s Best Bank for ESG’,‘Bahrain’s Best Bank for Corporate Responsibility

TDT | Manama     

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) has been named ‘Bahrain’s Best Bank for ESG’ and ‘Bahrain’s Best Bank for Corporate Responsibility’ at the prestigious Euromoney Awards for Excellence 2024.

This win marks NBB’s third consecutive year being recognised for its ESG leadership and the fourth year in a row for its commitment to impactful community investments. NBB was well-represented at the awards ceremony held in Dubai by a delegation of key executives from the Bank’s Bahrain and UAE operations.

These included Zaina Al Zayani Group Head of Strategy & Sustainability of NBB Bahrain, Yogesh Kale Chief Executive Officer of NBB UAE, Mohamed Alqassimi Business Marketing & Partnerships Manager of NBB Bahrain, Yusuf Najmi Head of Retail and Admin of NBB UAE, and Parvez Ahmed Head of Corporate Coverage of NBB UAE.

Commenting on the accolades, NBB Group Chief Executive Officer Usman Ahmed said, “This strategic allocation fuels positive change across the Kingdom by empowering communities, nurturing young talent, and fostering a more inclusive society. These awards motivate us to accelerate our ongoing efforts and contribute to a more sustainable and inclusive future for Bahrain.”

Euromoney added, “National Bank of Bahrain has demonstrated meaningful progress in driving sustainability in its operations and community outreach activities.

It has played a pivotal role in promoting environmental awareness among young people.” NBB’s award for ‘Bahrain’s Best Bank for ESG’ is the result of its relentless pursuit of sustainability excellence.

The Bank made significant strides in environmental performance in 2023 through reduction in energy consumption and greenhouse gas emissions. The Bank also implemented a robust waste management strategy that saw its recycling ratio increase compared to 2022.