Emirates NBD PJSC is a leading banking institution in the United Arab Emirates (UAE) that operates in the banks sector. The bank has a rich history that dates back to 1963 when it was first established as the National Bank of Dubai. Over the years, the bank has grown to become one of the largest and most successful banks in the UAE, with a strong presence in the Middle East, North Africa, and Turkey (MENAT) region.

Emirates NBD is committed to sustainability and decarbonisation, and has implemented various initiatives to reduce its carbon footprint and promote renewable energy. The bank recognizes that climate change is a major global challenge and is committed to playing its part in addressing this issue. As such, it has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy.

One of the key initiatives that Emirates NBD has implemented to reduce its carbon footprint is corporate energy management. The bank has implemented a comprehensive energy management program that includes energy audits, energy efficiency measures, and the use of renewable energy sources. The program has helped the bank to reduce its energy consumption and carbon emissions, and has also resulted in significant cost savings.

Emirates NBD has also implemented corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs are long-term contracts between a buyer and a renewable energy developer, where the buyer agrees to purchase a certain amount of renewable energy from the developer at a fixed price. By entering into PPAs, Emirates NBD is supporting the development of renewable energy projects and helping to increase the share of renewable energy in the UAE's energy mix.

In addition to its own sustainability initiatives, Emirates NBD is also supporting its clients in their sustainability efforts. The bank offers a range of sustainable finance solutions, including green loans and green bonds, to help its clients finance their sustainability projects. Emirates NBD is also working with its clients to implement energy efficiency measures and promote the use of renewable energy.

Emirates NBD's commitment to sustainability has been recognized by various organizations. In 2020, the bank was named the "Most Sustainable Bank in the UAE" by World Finance magazine. The award recognizes the bank's efforts to promote sustainability and decarbonisation, and its commitment to supporting the transition to a low-carbon economy.

In conclusion, Emirates NBD is a leading banking institution in the UAE that is committed to sustainability and decarbonisation. The bank has implemented various initiatives to reduce its carbon footprint and promote renewable energy, including corporate energy management, corporate PPAs, and sustainable finance solutions. Emirates NBD's commitment to sustainability has been recognized by various organizations, and the bank is playing an important role in supporting the transition to a low-carbon economy in the UAE and beyond.