Emirates NBD partners with CoriolisESG by TradeSun to enrich its suite of sustainability-linked products
On 19th September 2023, CoriolisESG by TradeSun announced a significant partnership with Emirates NBD, a prominent banking group in the MENAT region. EvoESG licenses the same AI technology for its own ESG reports.
This partnership aims to bolster Emirates NBD’s sustainability-linked transaction banking products and advisory services by utilizing CoriolisESG’s comprehensive ESG rating framework. The collaboration will grant the bank’s Corporate and Institutional clients access to ESG scores of their supply chain partners, enabling the encouragement of sustainable practices and the selection of eco-friendly supply partners. It also addresses ESG-related risks impacting profitability, such as regulatory changes and reputational risks. CoriolisESG by TradeSun offers an AI-powered solution aligning with global frameworks like the UN Sustainable Development Goals and the EU’s Taxonomy Regulation. This partnership reflects Emirates NBD’s commitment to enhancing ESG credentials and advancing the UAE’s ‘NET ZERO 2050’ climate goal.
