Dubai Islamic Bank (DIB) has announced that it will plant one tree for every new customer who opens a DIB account.
Through this novel initiative, the bank has not only taken a decisive step towards effective climate action, it has also ensured significant and sustained impact by fostering a community of environmentally-conscious individuals, the bank said.
In the run-up to COP28 as the UAE readies itself to host the world on one cohesive platform to plan and act on crucial climate matters, this strategic programme by DIB is a testimony to the bank’s ambitions of playing a leading role in the ESG space, and to make the world a better place for all, it said.
The project will run in partnership with two leading NGOs in this domain, Emirates Environmental Group and The Storey Group, and will include both trees on land as well as mangrove forest. As part of the initiative, customers will receive specific information on the trees dedicated to them.
Dr Adnan Chilwan, Group Chief Executive Officer at DIB, said: “The One Tree for Everyone” initiative reflects DIB’s total commitment and strategic intent towards sustainability and climate change. ESG is fully embedded in our business strategy and will effectively govern and dictate our operations going forward.
"The time to change is now and Dubai Islamic Bank is moving ahead on this incredible journey aligned to the UAE Net Zero 2050 agenda,” Dr Chilwan concluded. -TradeArabia News Service