BisB installs solar at Arad, Hamad town financial malls
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Bahrain Islamic Bank (BisB) announced the completion of the installation of solar energy panels at its financial mallsin Arad and Hamad Town.
The project comes in line with National Bank of Bahrain (NBB) Group’s initiative to utilize solar energy to reduce its overall carbon footprint, and BisB’s ongoing commitment towards integrating Environmental, Social and Governance (ESG) practices.
The project is expected to reduce BisB’s annual carbon footprint by 77.9% in the Arad financial mall and by 66.3% in the Hamad Town financial mall. Hassan Jarrar, Chief Executive Officer of BisB, said, “We look forward to expanding this initiative to include more financial malls and branches in the future, as we continue to launch ESG initiatives and digital innovations that will work towards decreasing the Bank’s carbon footprint.”
Haitham Seyadi, Group Head of Property, Procurement, and Administration at the NBB Group, said, “The successful implementation of the solar energy panels at BisB’s financial malls reiterates our efforts towards encouraging positive and sustainable change across the industry, placing ESG practices at the core of our business and further cementing our position as a responsible national powerhouse in the kingdom.”