GIB Declared Its Participation At Sustainability Forum Middle East 2023

According to the report, the main focus of the forum will be "Business Transition to Net-Zero: The Path Towards a Successful Low-Carbon Future."

The conference will be held under the patronage of the Minister of Oil and Environment and Special Envoy for Climate Affairs, H.E. Dr. Mohamed bin Daina.

As the report mentioned, GIB supports the forum as its "ESG Partner" and will be sharing the bank’s insights on strategies for supporting the decarbonization of the regional economies with more than 300 regional and international business leaders and sustainability experts expected to take part.

Jamal Al Kishi, CEO of GIB B.S.C., and Venetia Bell, GIB Group Chief Sustainability Officer, will represent the bank at the forum.

Mr. Al Kishi will take part in a panel of senior representatives from global and regional financing institutions and issuers to discuss "The Financial Sector and Funding the Transition."

The report says the session will examine the significant investment and financing required for the region’s decarbonization and will see GIB share its experience to date and support for the issuance of green financing instruments by the bank itself and for a range of clients across the GCC.

Ms. Bell will join another panel of senior sustainability experts and CEOs to discuss "Net-Zero Ambitions in the MENA Region."

The panel will look at the stability of the regional economy, challenges and opportunities, and the essential collaborations needed to achieve the net-zero targets set by the regional governments.

Jamal Al Kishi, CEO of GIB B.S.C., said, "As a leader in sustainability and an ESG Partner for the forum and our clients, we look forward to a day of engagement and to sharing the bank’s experience and know-how to help raise awareness and support regional decarbonization efforts."

According to him, it is essential that businesses across the region act decisively to put in place effective net-zero strategies that can help further national and regional decarbonization initiatives and targets.

GIB has launched their own comprehensive sustainability strategy for 2021, putting ESG at the heart of their business.

By Sumita Pawar