JS Bank, a rapidly advancing financial institution in Pakistan,
has secured the esteemed Asian Banking and Finance (ABF) Corporate &
Investment Banking Awards 2023 in the category of Green Deal of the Year. This
accolade stands as a testament to the bank's resolute dedication to championing
sustainable business practices and propelling the uptake of renewable energy
through pioneering financial solutions and impactful awareness campaigns.
JS Bank holds the distinction of being the sole commercial bank
in Pakistan to be accredited by the Green Climate Fund (GCF), the world's
largest specialized fund d
evoted to aiding developing nations in confronting
climate change. With a mission to advocate eco-friendly practices, the bank
obtained authorization for the Pakistan Distributed Solar Project (PDSP),
aiming to propagate awareness campaigns that encourage the widespread use of
renewable energy among the public, empowering individuals, SMEs, and
enterprises to contribute positively to the climate.
Basir Shamsie, President & CEO of JS Bank, remarked,
"Our dedication lies in leaving a positive imprint on the climate and
guiding others towards the same path. We take pride in being the inaugural
commercial bank accredited by the Green Climate Fund, and our endeavors are
actively geared towards fostering environmental responsibility in others. Our
fundamental aspiration is to enhance this world's living conditions for the
generations to come."
Furthermore, JS Bank's dedication to promoting sustainability
surpasses mere financial initiatives, encompassing endeavors such as reducing
carbon footprint by monitoring and limiting energy and paper consumption across
all branches. The bank has also successfully integrated solar energy into
one-third of its nationwide branch network, and in 2022 alone, facilitated
funding for over 385 solar projects dedicated to residential and agricultural
purposes.
Committed to its pivotal role in propelling Pakistan's
advancement, JS Bank envisions an unswerving path towards continued impact by delivering
pioneering traditional and digital financial solutions for its customers in the
years ahead.
Source: Nation