Emirates NBD enters into collaboration with Microsoft

By Shilpa Annie Joseph, Official Reporter
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Emirates NBD implements Microsoft Sustainability Manager
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Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, has collaborated with Microsoft to successfully implement Microsoft Sustainability Manager, a Microsoft Cloud for Sustainability solution, to drive digital transformation in its sustainability operations.

Sustainability Manager is an extensible solution that unifies data intelligence and provides comprehensive, integrated, and automated sustainability management for organizations at any stage of their sustainability journey. It automates manual processes, enabling organizations to efficiently record, report, and reduce their emissions and water or waste impact.

Emirates NBD is one of the first banks in the region to successfully integrate Sustainability Manager in its sustainability journey which will drive efficiencies by engaging on all horizons, core banking business, sustainability data visualization, and transformation, simultaneously.

The implementation continues the bank’s ongoing collaboration with Microsoft to enable the focused advancement of sustainability goals through knowledge sharing, collaborative frameworks, and the development of future commitments.

Mr. Sherif Tawfik, Chief Sustainability Commercial Officer at Microsoft, stated that, “We are happy to collaborate with Emirates NBD to drive digital transformation in their sustainability operations. The successful implementation of Microsoft Sustainability Manager will enable Emirates NBD to efficiently record and report their emissions and ultimately contribute to achieving their sustainability targets.”

Mr. Vijay Bains, Group Chief Sustainability Officer and Group Head of ESG at Emirates NBD, said that, “Our collaboration with Microsoft marks a significant milestone in our sustainability journey and the deployment of Microsoft Sustainability Manager demonstrates our commitment to integrating ESG in our overall strategy and investment decisions.”

“Our sustainable Finance Framework is aligned with the Sustainability Manager and gives us visibility to access intelligence required to issue Sustainable Finance Instruments to finance and refinance projects which enable the transition to a low carbon and climate resilient economy and provide positive societal impact,” Mr. Bains added.

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