BLOM BANK Certified for Assessing its Greenhouse Gas Emissions

Mr. Mohamad Khaled, Head of Administration - BLOM Bank receiving the certificates from Mr. Rawad Massoud from V4 Advisors

BLOM Bank s.a.l. – Headquarters – February 6th, 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.

 

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