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News Article

10 August 2010

ADCB partners with Enviroserve to go green

Abu Dhabi, 10 August 2010: Abu Dhabi Commercial Bank (ADCB) today announced its partnership with Enviroserve to provide environmentally responsible e-waste disposal. ADCB is dedicated to continuing the promotion of environmentally friendly and sustainable businesses and this partnership is one of many initiatives to be implemented by the Bank in its efforts to encourage further awareness.

Enviroserve is a technology asset management company specializing in end-of-life electronic management, assisting clients in developing and implementing effective technology end-of-life asset management practices. ADCB had an initial volume of e-waste of 11.5 tons that was collected and has been processed by the Enviroserve team. The procedure for disposal is based on international standards of environmental safety. Once collected the e-waste is segregated and hazardous parts are shipped to accredited refineries overseas.

Through implementing this initiative ADCB reaffirms its role as a pioneer in the national banking industry, being one of the first banks to put into action an effective and environmentally responsible waste management system.

Dr. Majdi Abd El Muhdi, ADCB Head of Corporate Communications said: “At ADCB we understand the importance of our corporate responsibility towards the environment. Our partnership with Enviroserve strongly reflects this and continues our efforts to align ourselves with the best and most reputable companies across all areas of our industry. We are committed to building sustainable relationships that benefit our community and the world we live in, working hard to achieve this through our environmental efforts in the region and hope that many will follow our lead.”

Zornitza Hadjitodorova, Division manager E-waste at Enviroserve said: “Working with one of the biggest UAE banks on this commendable environmental initiative has been quick and easy; we are delighted to deal with such a straightforward partner and are looking forward to a long-term relationship.”

“Naturally, data security is a primary concern for every company, even more so for banks. Taken our long experience with obsolete electronics from the banking sector, it is our promise that data will not be compromised as we hold our clients’ security in the highest regard.”

As part of its CSR programme, other initiatives ADCB has implemented include Earth Hour, E-statement paperless services and a partnership with The Environment Agency-Abu Dhabi to promote environmental awareness.

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