Mashreqbank PSC : Mashreq's Climb2Change Initiative Features Historic Dual Ascent of Burj Khalifa
November 30, 2023 at 01:38 am EST
Share
On the eve of the much-awaited COP28, Mashreq has partnered with renowned climbers Alain Roberts and Alexis Landot, who successfully scaled the iconic Burj Khalifa in Dubai. This world-first feat is a cornerstone of Mashreq's newly launched Climb2Change global initiative, a strategic undertaking that seamlessly integrates the bank's wide-ranging ESG initiatives and milestones, including Mashreq's long-term sustainable finance commitments and ambitions to accelerate environmental and social impact. The initiative builds on the bank's active participation in COP28 and underscores its efforts to drive sustainability and impact. Alain Roberts, known as the "French Spiderman," has a remarkable record of climbing skyscrapers, including the Burj Khalifa, often without safety gear. Joining him was Alexis Landot, an inspiring climber who took on this monumental challenge. This extraordinary ascent not only highlights human potential and collaboration but also emphasises Mashreq's commitment to raising awareness of important climate issues such as waste management, recycling, and environmental preservation. The climb serves as a powerful representation of Mashreq's Climb2Change initiative and its pledge to actively contribute to global sustainability efforts. Commenting on the initiative,Ahmed Abdelaal, Group CEO at Mashreq, said: "This momentous feat for Mashreq is part of our newly unveiled Climb2Change initiative, launched to integrate our ESG activities and commitments to achieve the highest ESG standards, in line with our guiding principle to 'Rise Responsibly.' This initiative aims to inspire and empower others to reach their own Climb2Change milestones for a sustainable and greener future and aligns with our active participation at COP28, reinforcing our commitment to global sustainability efforts." Building upon its prior sponsorship of COP27, where Mashreq stood as the sole bank in the MENA region to establish a partnership with the event, the bank is poised to leverage its active role as a sponsor for COP28 to champion sustainable finance and climate action. This not only furthers the bank's commitment to sustainability but also supports the UAE's vision for a COP of action and a COP for all. Alain and Alexis's dual climb is a symbol of Mashreq's guiding principle of 'Rise Responsibly' and showcases the bank's ongoing commitment to elevate its operations to meet the highest environmental, social, and governance standards, as well as its aim to empower and inspire other corporations and individuals towards a sustainable and greener future.
UAE
Share this news
You may be interested
09/11/2021
Mashreq New York Branch Announces Settlement with the New York State Department of Financial Services
Read More
08/12/2022
Mashreq signs a regional sponsorship agreement with The Argentine Football Association in Middle East and Egypt
Read More
Mashreq Bank PSC published this content on 29 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2023 06:37:17 UTC.
Mashreqbank psc is a United Arab Emirates-based bank that provides retail banking, commercial banking, investment banking, Islamic banking, brokerage and asset management activities. The Bank is active through its business segments: the Domestic Corporate segment provides trade finance, contracting finance, project finance, investment banking, corporate advisory, cash management, wealth management, and small and medium enterprises (SME) and private banking for corporate and commercial customers in the United Arab Emirates; the Domestic Retail segment includes current account, savings accounts, fixed deposits, investment products and other services to individuals and small business; the Treasury & Capital Markets segment consists of customer flow business, among others, and the International Banking segment consists of retail and corporate business for the Bankâs overseas banking branches. The Bank's Islamic banking products include Ijara home finance and Mudarabah deposit.