Environment

​​​​​​​​​Bank ABC is extremely mindful of its impact on the environment. This saw us adopt an eco-friendly secure printing policy along with new systems, which led to a significant reduction in resource consumption. The annual saving of the Head Office alone has been the equivalent of approximately 200,000 sheets and 5000 gallons of water. We continue to be conscious of our printing practices for the betterment of our planet.​

We strongly advocate clean energy consumption and use of renewable energy. Our subsidiary, Bank ABC Jordan, started the operation of a solar power generation plant near Zarqa, which was established in cooperation with Kawar Energy Company. The Plant produces up to 2900 megawatt-hours of electric power per year, covering 100% of the needs of the Bank’s Head Office and 21 branches in the capital governorate and the governorates of Balqa and Zarqa in Jordan; out of the 27 branches Bank ABC has nationwide.

The plant will positively impact Jordan’s overall energy rationalisation system; in line with the National Energy Policy and the Bank’s social responsibility approach.​

​​​Bank ABC Jordan also sponsored nature conservation and sustainable development programmes run by the Royal Society for the Conservation of Nature (RSCN). The Bank’s contribution to RSCN helps enhance socio-economic development for community members in protected areas while conserve Jordan’s wildlife and natural reserves.

As part of Bank ABC’s endeavor to integrate ESG principles in its business decisions, Banco ABC Brasil and a syndicate of other banks have provided financing to Atlas Renewable Energy, a leader in clean energy in Latin America.

The company announced in March 2019 the completion of the long-term financing of three of its solar energy plants in Brazil for a total amount of US$ 152 million. The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually.

Together, the plants will have an installed capacity of more than 300 MWps, which has allowed them to achieve new standards for financial alliances and boost the Brazilian energy sector to higher levels of solar capacity.​

While modernising its Head Offices in Bahrain, Bank ABC integrated several environment friendly schemes to prevent negative impact on the environment. The Bank introduced several upgrades that will reduce energy consumption and atmospheric emissions at its Head office building. These include the installation and upgrade of the building envelop, building control system, new energy efficient chillers, motion detecting light system, enhanced lighting controls linked to solar gain, LED lighting, reduced number of printers and new binds to reduce solar gain. It also deployed a number of water reduction schemes within the Head Office.

Furthermore, Bank ABC installed digital communication tools, Group wide which has led to a major reduction in transportation and airline travel.

As for waste management, the Bank adopted a number of measures that led t significant reduction in resource consumption. These include centralized printing, follow me printing which only prints after tapping an ID and donation of office furniture and accessories.​