4most Win ‘Green Initiatives’ Award in UAE

4most’s Green Credit Score was recently recognised in the UAEs “Green Initiatives” under the patronage of H H Engr. Sheikh Salem bin Sultan bin Saqr Al Qasimi.

4most continue to lead the charge in developing internal environmental scorecards—critical tools for financial institutions aligning with the UAE’s Green Initiatives. Our goal? To enhance ESG scores and drive positive behavioural changes through insightful, actionable recommendations. We developed an approach called Knowledge Elicitation Process (KEP). We tackle ESG modelling and data challenges by incorporating knowledge from in house subject matter and portfolio experts. This method ensures the creation of a transparent and auditable model which can stand up to regulatory review and internal validation.

In the post-COP28 world, banks face an urgent need for innovative financing solutions to combat climate-related risks. 4most created a Green Credit Score (GCS). This strategic tool is designed to evaluate and enhance environmental sustainability practices within banks. It can support a bank’s lending impact on the environment, by considering lending policies, risk appetite, investment activities, operational practices, and product offerings.

The GCS exemplifies a practical approach to sustainable finance, combining environmental responsibility with financial prudence. The President recently commented “Building on the UAE consensus achieved at COP28, we will continue to work hand in hand with the global community to pursue a more sustainable future for all.”

We are excited to be at the forefront of this conversation with clients. Please get in touch if you’d like to learn more about how we can aid your firm’s green credit risk strategy – info@4-most.co.uk.

References:

UAE and Middle Eastern Financial Institutions Post-COP28 (4-most.co.uk)

https://www.linkedin.com/posts/hh-sheikh-mohamed-bin-zayed-al-nahyan_on-the-occasion-of-national-environment-day-activity-7159802990185332736-cWFN