ESG leadership drives Commercial Bank of Qatar's sustainability success

CBQ has integrated environmental, social, and governance (ESG) principles across its operations, introducing the Green Vehicle and Green Mortgage loans to support eco-friendly initiatives in Qatar’s transport and real estate sectors. In September 2024, it issued a record $260 million green bond to fund projects in sustainable water management, green buildings, and clean transportation. With oversight from a senior sustainability committee, the bank has prepared eligible assets for future bonds. These efforts improved the bank’s MSCI ESG rating from B to A in early 2024. It also aims to cut Scope 1 and 2 GHG emissions by 25% in 2030 from 2021 levels.