The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a Memorandum of Understanding (MoU) with First Abu Dhabi Bank (FAB) to strengthen the link between environmental, social, and governance (ESG) maturity and access to sustainable finance.
Positioned under the Abu Dhabi Chamber’s Sustainability Label, the partnership designates FAB as the Strategic Sustainable Finance Partner.
The collaboration aims to translate ESG performance into improved financial readiness, enabling businesses to better align sustainability practices with evolving market expectations, global investment frameworks, and financing mechanisms that support responsible growth.
The agreement establishes a structured platform for knowledge exchange, capacity building, and market alignment.
The initiative is expected to support Abu Dhabi-based companies in strengthening governance structures, embedding sustainability into core operations, and positioning themselves to access a broader range of sustainable finance solutions.
The partnership comes at a time when ESG considerations are increasingly shaping capital allocation decisions globally, requiring businesses to demonstrate measurable progress in sustainability performance to remain competitive and investment-ready.
The collaboration forms part of the Chamber’s broader strategy to empower the private sector with practical tools, partnerships, and insights that facilitate responsible business growth.
By enabling companies to enhance operational performance while adhering to sustainability benchmarks, the initiative also contributes to Abu Dhabi’s wider economic diversification agenda.
HE Ali Mohamed Al Marzooqi Director General-ADCCI
“This partnership reinforces the Abu Dhabi Chamber’s commitment to advancing private-sector capability and sustainability maturity. By connecting ESG performance with access to sustainable finance, we are strengthening the foundations for responsible growth and supporting businesses as they navigate the transition toward a more resilient, future-ready economy.”
Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth, and Privileged Client Banking Group, First Abu Dhabi Bank,added that, “This partnership reflects the growing importance of aligning sustainability ambition with financial capability. By working with the Abu Dhabi Chamber through the Sustainability Label, we aim to support businesses as they build ESG readiness, enhance competitiveness, and engage with sustainable finance frameworks that drive long-term value.”