BLITZ BUREAU
AJMAN Bank has announced a new contract with Positive Zero, that will enable huge cost and carbon footprint savings.
By implementing Positive Zero’s fully financed energy efficiency solutions at their headquarters, Ajman Bank expects to save 28 per cent on energy costs and reduce carbon dioxide emissions by 752 tonnes annually, equivalent to planting 11,300 trees, reported Emirates News Agency – WAM.
Positive Zero is the leader in decarbonising businesses and communities in the Middle East through a range of on-site clean power, energy efficiency, and electric mobility solutions.
The project involves a 10-year Shared Savings Energy Performance Contract (SSEPC) delivered by Positive Zero’s energy efficiency arm (Taka Solutions), which is the leading provider of energy efficiency services in the region. It includes the implementation of eight energy efficiency measures (or EEMs) tailored to Ajman Bank’s facilities, in line with its robust commitment to environmental sustainability.
Earlier this year, Ajman Bank, a leading Islamic financial institution in the UAE, announced a strategic agreement with KPMG Lower Gulf, marking a significant milestone in its commitment to environmental, social, and governance (ESG) principles.
