Islamabad: Mobilink Bank, a leading digital microfinance bank in Pakistan and a subsidiary of the global VEON group, has enhanced its commitment to sustainable banking by completing an advanced training program for its leadership on Environmental, Social, and Governance (ESG) principles. The training aimed to integrate these principles deeply into the bank’s operational and strategic frameworks.
According to Mobilink Bank, the ESG training was conducted in Islamabad by Zero Point Partners, an environmental consultancy known for its expertise in strategic support for financial institutions. The program was led by Maha Qasim and Aliza Aijaz, who provided the Mobilink Bank’s leadership team with tools and knowledge on topics such as GHG emissions inventories, net-zero target setting, and ESG reporting.
Haaris Mahmood Chaudhary, Interim CEO of Mobilink Bank, emphasized the importance of the training in aligning the bank’s operations with its core values of social responsibility and sustainable growth. He noted the specific challenges of climate change, highlighting the bank's efforts to provide vulnerable communities, including women, farmers, and small businesses, with access to clean energy through its 'Change to Sustain' program.
Aamir Ibrahim, Chairman of Mobilink Bank, reiterated the bank's commitment to using technology to improve lives in an environmentally conscious manner. The bank has been focusing on eco-friendly practices and energy-efficient solutions, along with gender-intentional green financing, especially in the agricultural sector for solar energy applications.
Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change and Environmental Coordination, praised Mobilink Bank for aligning its sustainability strategy with national goals, emphasizing the importance of robust ESG practices for the long-term success of any organization.
Mobilink Bank’s commitment to sustainability is also reflected in its financial initiatives, such as a PKR 1.7 billion solar financing portfolio aimed at supporting SMEs and women, with plans to increase this to PKR 2.5 billion by the end of 2024.