Home Banking & Finance Mashreq’s Climb2Change scales new heights with Egypt clean-up campaign

Mashreq’s Climb2Change scales new heights with Egypt clean-up campaign

The global clean-up mission is one of Mashreq’s key undertakings within Climb2Change

Mashreq’s Climb2Change scales new heights with Egypt clean-up campaign
Mashreq’s mountain clean-up missions seek to build awareness and promote environmental preservation on a global scale. Image credit: Emirates News Agency

Mashreq has launched its clean-up expedition in Egypt as part of the bank’s global initiative to scale and clean up 14 mountain sites around the world, with the aim of reaching seven peaks and seven base camps.

The global clean-up mission is one of Mashreq’s key undertakings within Climb2Change, a global initiative integrating the bank’s ongoing environmental, social, and governance (ESG) efforts and milestones.

The mission in Egypt will focus on the clean-up of three designated zones in Wadi Degla, a natural reserve and protectorate near Cairo that spans over 60 square kilometres. Taking place in November 2024 and led by renowned adventurers Omar Samra and Manal Rostam, this expedition will address waste accumulation and promote environmental conservation.

Mashreq’s Egypt expedition comes on the heels of its Pakistan mission, which included the clean-up of K2, Broad Peak (K3), and the base camps at Goro2 and Concordia and featured one of the highest clean-ups ever recorded at Camp 3 on K2, 23,800 feet above sea level.

“Expanding our Climb2Change initiative into Egypt underscores Mashreq’s unwavering commitment to driving measurable environmental and social impact across the globe. Building on the success of our clean-up missions in Nepal and Pakistan, this initiative embodies our ambition to cultivate a culture of environmental stewardship and proactive climate action,” said Ahmed Abdelaal, Group CEO of Mashreq.

“Egypt, as a key market closely aligned with our strategic ESG objectives, provides an ideal setting for the next phase of Climb2Change, reinforcing our commitment to creating lasting impact through environmental and social initiatives. The expansion highlights Mashreq’s dedication to community empowerment and environmental stewardship in markets essential to our mission.”

By engaging local communities and empowering our employees, Mashreq is not only taking a stand on pressing environmental issues but also setting a precedent for how businesses can lead in building a sustainable future.

Through Climb2Change, we are demonstrating what’s possible when purpose and action converge, inspiring others to join us in this critical journey toward global sustainability.

Mashreq’s mountain clean-up missions seek to build awareness and promote recycling practices, waste reduction, and environmental preservation on a global scale.