Ajman Bank Collaborates with Positive Zero to Reduce Energy Costs and Carbon Footprint

The following is a collaboration agreement with Positive Zero to introduce energy conservation measures to reduce energy expenditure and carbon footprint at the bank’s office. A partnership with the project called for a 28% decrease in energy expenses as well as a cutting of 752 tonnes in a year of carbon dioxide emissions which is equivalent to planting 11,300 trees.

Positive Zero, which specializes in the process of decarbonizing businesses and communities in the Middle East, will execute the project through a 10-year Shared Savings Energy Performance Contract (SSEPC) through Taka Solutions-an arm majorly focused on energy efficiency ventures. This contract involves the adoption of eight special EEMs aimed at improving sustainability in Ajman Bank.

Ajman Bank Pledge partnership with Positive Zero as a major focal point of sustainability plan to deliver innovative solutions to meet client’s financial needs and the community and environment for financial and social impact, working in tandem with Taka Solutions speacialist in energy management, Al Khalfawi Mustafa CEO of Ajman Bank said “This partnership marks a special turning point for us in Sustainability. ”

David Auriau, founder and CEO of Positive Zero commented, “Positive Zero is looking forward to contribute towards Ajman Bank’s cause of energy efficiency and reducing its carbon footprint. This proposition supports the Emirati governments and business community’s push towards attaining its potentials of becoming over 40% more efficient by 2050. We at Positive Zero along with Ajman Bank are putting our investments into the efficient technologies that offer smarter built environment and cities.

About this partnership the bank officially reaffirmed its commitment to sustainable and ethical banking such as driving economic growth in Ajman.