Africa & Middle East
|Date joined:||9 January, 2020|
|Initiatives:||Principles for Responsible Banking|
AUB Group is a diversified banking group with its business model centered on corporate banking, retail banking, private banking and treasury & including an enhanced Sharia compliant contribution. The Group consists of AUB B.S.C. and its group entities in a total of 8 countries.
AUB Group will focus on financing projects and activities that have a minimal managed impact on the environment that we operate in. This will be achieved through proactive assessment of environmental impact, taking into account mitigation options if available.
AUB is committed to responsible lending. It has been a signatory to Equator Principles, a globally recognized benchmark for managing social and environmental risks in project finance. UNEP FI is an additional step towards AUB’s continuous efforts to contribute to responsible lending practices.
AUB takes its commitment towards the environment seriously and has always been a pioneer in the region when it comes to socially responsible lending. Sustainability including climate change is one of the major challenges facing the world today and as a UNEP FI member, AUB will make further efforts to ensure sustainability in their day to day operations, and aim to reduce their carbon footprint.