MCB signs the UN Principles for Responsible Banking

23 SEP 2019

MCB signs the UN Principles for Responsible Banking

MCB is one of the founding signatories of the Principles for Responsible Banking, pledging to strategically align its banking activities with the Sustainable Development Goals and the Paris Agreement on Climate Change. These Principles for Responsible Banking are a joint initiative of banks, in particular 30 founding institutions and the United Nations, through the UNEP Finance Initiative (UNEP FI). The launch took place this Sunday 22 September, at the United Nations General Assembly in New York.

As a signatory of these Principles for Responsible Banking, MCB joins 130 other banks around the world, representing more than $47 trillion in assets, which are committed to playing a crucial role in sustainable development. Mauritius' leading bank is teaming up with major actors in the global banking industry such as Citibank, BNP Paribas, Credit Suisse, Deutsche Bank, National Australia Bank, and UBS to help develop sustainable economies.

MCB is the only bank in the Indian Ocean region to be a signatory to these Principles. This is part of a long-standing commitment to sustainable development.