CBD and Visa sign MOU on Sustainability Initiatives

Commercial Bank of Dubai (CBD), one of the UAE’s leading national banks, is proud to reaffirm its commitment to a sustainable future by signing a Memorandum of Understanding (MoU) with Visa, a world leader in digital payments. The MoU is the next step in a long-held partnership between CBD and Visa. By signing the MoU both parties have committed to future collaboration on sustainable initiatives with the ultimate objective to provide enhanced sustainability, and specifically carbon, awareness, engagement and offsetting.
The MoU enables CBD and Visa to provide better insights into customers’ carbon footprint associated with their spending patterns. This is seen as a key enabler in both the provision of consumer education whilst also providing customers with a means to reduce their carbon footprint.