News

« Back

BLOM BANK Certified for Assessing its Greenhouse Gas Emissions

07 February 2018

BLOM BANK has conducted an assessment with V4 Advisors DMCC for its Greenhouse Gas emissions (GHG in tCO2e) and was consequently granted two certificates: the V4 Advisors for Greenhouse Gas Auditing and Reporting Certificate in compliance with GHG Protocol Corporate Standards and ISO 14064-1 as well as a certificate of acknowledgment from the Lebanese Ministry of Environment for reporting Greenhouse Gas Emissions. These certificates were given in line with BLOM BANK's commitment to integrate the ten UN Global Compact Principles into its strategies, policies, procedures and daily practices. By conducting this assessment which aims to define, calculate, and assess the headquarters, branches and warehouses' carbon footprint; the Bank is proud to address its greenhouse gas footprint, thus reducing energy usage levels to its minimum and saving resources for future generations.

V4 Advisors shared a list of observations and recommendations with the management of the Bank so further actions can be taken to optimize the reduction of the Bank’s carbon emissions. Consequently, BLOM BANK reiterates once again its commitment to sustainability and responsible business practices.

About V4 Advisors:

V4 Advisors DMCC (V4 Advisors) is a consulting, advisory and project development company specialized in the field of environment with emphasis on climate change, air pollution and emission reduction. Our experience includes many projects that have significant benefits to the local economies from a social, environmental and financial perspective. V4 Advisors is the 1st Company in MENA Region to receive the "Built on GHG Protocol" Mark from the GHG Protocol. V4 Advisors is the developer, owner and operator of online platforms that follow international standards and comply with local regulations. For more information please visit www.V4Advisorsdmcc.com.

Disclaimer  |  List of Banks No. 14. Copyright © 2018 BLOM BANK