Emirates NBD announces sustainable finance initiative

UAE-based asset manager Emirates NBD has launched a sustainable finance framework designed to boost its ESG offerings.

The framework will allow for the issuance of sustainable debt instruments to finance sustainable projects.

It will also enable Emirates NBD to reach the UAE’s sustainability development goals set by the UN in line with the Paris Agreement.

“At Emirates NBD, we firmly believe that finance plays a key role in sustainability,” said Vijay Bains, group chief sustainability officer and group head of ESG at Emirates NBD.

“By issuing sustainable finance instruments, including bonds, sukuk and other debt instruments, we will provide enhanced transparency around funded projects and assets that carry environmental and social benefits,” he added.

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