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ESG leadership drives Commercial Bank of Qatar's sustainability success

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ESG leadership drives Commercial Bank of Qatar's sustainability success
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CBQ has integrated environmental, social, and governance (ESG) principles across its operations, introducing the Green Vehicle and Green Mortgage loans to support eco-friendly initiatives in Qatar’s transport and real estate sectors. In September 2024, it issued a record $260 million green bond to fund projects in sustainable water management, green buildings, and clean transportation. With oversight from a senior sustainability committee, the bank has prepared eligible assets for future bonds. These efforts improved the bank’s MSCI ESG rating from B to A in early 2024. It also aims to cut Scope 1 and 2 GHG emissions by 25% in 2030 from 2021 levels. 

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