ADIB receives Proshred and Enviroserve accreditation in recognition for its efforts to implement environmentally sustainable initiatives

ADIB receives Proshred and Enviroserve accreditation in recognition for its efforts to implement environmentally sustainable initiatives

Abu Dhabi, 08 August 2022:Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been recognised for its efforts in developing plans that support environmental, social and economic sustainability by Proshred and Enviroserve, global organisations that specialise in waste recycling. The bank received two certificates including the green certificate for e-waste recycling and the certificate of environmental accomplishment for paper shredding and recycling.

In line withADIB’slong-term vision focusing on sustainability, the bank has been taking steps to ensure a low-carbon operation.It is currently participating in waste recycling initiatives that have resulted in the conservation of 329 trees, 7,358 gallons of oil, 77,456 kilowatts of energy and 135,506 gallons of water.

These certificationsare a testament to ADIB’s unwavering commitment to managing the risks and opportunities related to climate change.The bank considers the impact of its operations through environmental performance indicators related to energy saving, waste and greenhouse gas emissions. Part of its environmental objective is to increase awareness among all ADIB employees, suppliers, and customers to reduce the impact of their footprint through initiatives such as waste recycling, responsible purchasing and increasing digital operations to encourage paperless operations

ADIB is committed to the growth and prosperity of Abu Dhabi and the UAE, supporting the nation’s sustainability objectives, UAE Green Agenda 2015-2030, and the Abu Dhabi Economic Vision 2030.  It has also embedded sustainable future as one of the key pillars in its 5-year strategy plan and will be launching an ESG strategy that helps banks transition to a low carbon operation and leverage ADIB’s commitment to social responsibility.

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About ADIB

ADIB is a leading Islamic bank with more than AED 133 billion in assets that was established in 1997 with its shares traded on the Abu Dhabi Securities Exchange (ADX). Over 1 million customers benefit from its large distribution network of 70 branches and more than 500 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. ADIB remains one of the leading banks in the recruitment, development and promotion of local talent. The bank has one of the highest Emiratisation ratios with more than 40 percent of the bank’s workforce being UAE Nationals. ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq and Qatar.

Named “Best Islamic Bank globally” by The Financial Times’ The Banker publication and Best Bank in the UAE by Forbes, ADIB has a rich track record of innovation, including introducing the world’s first digital Islamic bank for youth and being the first bank in the UAE to enable account opening through facial recognition. 

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