Bloomberg and Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced the corporate advisory practice of Emirates NBD has chosen to implement Bloomberg’s globally recognized sustainability data and analytics. By selecting Bloomberg’s sustainable finance materiality framework, Emirates NBD is strengthening its ability to provide strategic advice to companies on financially material risks and opportunities. Powered by Bloomberg’s global sustainability data, the framework helps end users assess financially material industry-specific environmental and social factors, as well as governance considerations that incorporate country-level policies and practices, using a globally applied analytical methodology.
The integration of high-quality, decision-useful sustainability data is becoming increasingly critical to informed capital allocation and resilient growth. This announcement comes as new regulations entering into force this year in the Gulf, including the UAE Climate Change Law and enhanced climate-risk assessments by the Central Bank of the UAE, will increase demand for robust, data-driven sustainability analytics in the region.
Vijay Bains, Chief Sustainability Officer and Group Head of ESG at Emirates NBD, said: “We are pleased to partner with Bloomberg in line with our strategy that focuses on developing financial products and services that generate long-term value for people and the planet. As a socially responsible bank, we remain fully committed to aligning with international best practices in reporting, disclosure, and risk management relevant to both our business operations and the broader industry landscape. Bloomberg’s globally recognized sustainability data and analytics will further enable us in identifying high-potential prospects, driving better engagement and tailored solutions with existing clients and delivering measurable outcomes that supports the UAE’s sustainable and inclusive future.”
Nadia Humphreys, Head of Sustainable Finance Data Solutions at Bloomberg, said: “We are pleased to support Emirates NBD with our globally recognized sustainability data. Investments firms increasingly incorporate sustainability factors in investment and advisory activities, as they recognize these are integral to understanding long-term value and risk. This capability will help companies in the UAE and across the region better assess risks and opportunities, respond to stakeholder expectations and make more informed strategic decisions.”
