A partnership agreement was signed today between the Organizing Committee of Expo 2023 Doha and QNB Group to become the strategic banking partnership of Expo 2023 Doha, in the presence of HE Minister of Municipality and Chairman of the National Committee for Hosting Expo 2023 Doha Dr. Abdullah bin Abdulaziz bin Turki Al Subaie, and QNB GCEO Abdulla Mubarak Al Khalifa.
Secretary General of Expo 2023 Doha Mohammed Al Khouri and QNB Group Chief Operating Officer Ali Rashid Al Mohannadi signed the agreement highlighting the strategic partnership.
As a strategic banking partner, the Group’s partnership plays a vital role in the ethos of Expo 2023 Doha, which will explore the theme of “Green Dessert, Better Environment” to support sustainable practices and face global challenges.
Commenting on the partnership, Expo 2023 Doha Secretary General Mohamed Ali Al Khoury stated: “We are pleased that QNB Group is joining Expo 2023 Doha, a landmark event in our nation. Our shared values, objectives, and vision for our
country’s future align perfectly. Emphasizing sustainability is vital to guarantee a prosperous and healthy future for upcoming generations. Expo 2023 Doha Qatar will serve as a global platform for official entities to collaborate, exchange ideas, and formulate strategies to combat desertification and climate change.” For his part, QNB Group Chief Operating Officer Ali Rashid Al Mohannadi said: “We are extremely pleased to participate as a strategic banking partner of Expo 2023 Doha Qatar , which marks the importance of our role and dedication to promote sustainable innovations. We believe that this partnership will solidify our brand’s positioning when it comes to sustainability agenda and for us to be an active part in one of the largest international events of the year.” QNB Group is committed to positively impacting the environment and society for a more diverse economy. The Group’s sustainability framework consists of three pillars: sustainable finance, sustainable operations, and beyond banking, and mor
e specifically through its corporate social responsibility due to its long-term effect on the communities it serves and operates at.
It is worth noting that QNB Group Strategy Committee is responsible for managing all matters relating to the sustainability program, including the Group’s initiatives and efforts in the sustainability framework.
Some of the sustainable operations that the Group successfully executed include Cutting GHG emissions, QNB Finansbank fully operating on renewables, and the Environmental and Social Risk Management (ESRM) policy framework.
When it comes to green financing, QNB Qatar has executed green mortgages and loans, as well as Corporate and Institutional Green Banking, which plays a crucial role for QNB in terms of sustainable finance due to its significant impact on financing and the ability to drive positive environmental and societal change.
Source: Qatar News Agency