GIB announced as ESG partner

Manama, Dec. 27 (BNA): Sustainability Forum Middle East today announced Gulf International Bank (GIB) as the (ESG Partner) for its upcoming inaugural edition focusing on (Business Transition to Net Zero the Path Towards a Successful Low Carbon Future). The forum will bring together more than 300 senior decision makers and sustainability experts to discuss regional decarbonisation and share experiences and solutions for helping the private sector mobilize and implement strategies for achieving net zero goals. The bank is already a leader in sustainability and a ESG partner for governments and clients across the region it also launched a comprehensive sustainability strategy in 2021 putting sustainability at the heart of its business and operations. GIB has also been pioneering the use of green financing instruments and is cooperating on a range of initiatives targeting climate action and supporting the net zero ambitions of regional governments as well as coordinated the issuance of green financing instruments for a range of clients in the GCC. The program will go on to cover a range of topics including the urgency to meet net zero targets the ambitions of the MENA governments. Comprised of a series of keynote addresses, panel sessions and interactive workshops, the forum’s agenda has been designed to help companies across sectors, especially SMEs, understand how to develop effective sustainability and decarbonisation strategies and, importantly, how to begin taking practical steps to move their organizations towards a low-carbon future. "In line with GIB’s commitment to promoting sustainability and climate action, we’re pleased to back the first edition of the Sustainability Forum Middle East as its ESG Partner. The role of the financial sector in funding and accelerating the transition of the regional economies towards net zero is a crucial one, and an objective that GIB is dedicated to and already taking significant strides to support," CEO at GIB B.S.C. Jamal AlKishi said. "We look forward to discussing strategies and sharing our experience with peers and the many companies that need to mobilize and begin their decarbonisation journeys." The forum’s founder and organizer FinMark Communications Managing Director Laila Danesh expressed that they are delighted to announce GIB’s partnership with the forum. "The bank is already making great contributions to building the region’s sustainability culture and decarbonisation efforts. The participation of its leadership and sustainability teams will add great value to the forum and further enrich what we hope will be a day of interactive discussions and an opportunity for knowledge sharing and practical hands-on learning. Our aim is to leverage the know-how and experience of our partners, like GIB, to help move private-sector companies, especially SMEs, one step closer to starting the transition of their businesses to net-zero," she added.