Commercial Bank of Dubai honoured with CSR Label for third consecutive year

Commercial Bank of Dubai (CBD) has been honoured with the prestigious “CSR Label” accreditation by the Dubai Chamber of Commerce and Industry for the third year in a row.

The Bank earned the award in recognition of its performance as a responsible corporate citizen in accordance with international best practices, and for its efforts in strategically integrating sustainability practices and CSR initiatives throughout the organisation and its various departments.

Hamad Buamim, Director-General of the Dubai Chamber of Commerce & Industry, handed the accolade to Othman bin Hendi, Head of Credit, CBD, at an awards ceremony held at the Dubai Chamber headquarters.

Upon accepting the award, bin Hendi said: “CBD has embedded all the key elements of CSR such as corporate governance, contribution to society and community, championing causes related to health and environment, and employee welfare in its overall strategy. The diagnostic framework of the ‘CSR Label’ has helped us refine and improve our CSR strategy, policies and practice, in line with international best practices. We believe that CSR is a journey and not a destination.”

said bin Hendi said: “The Bank will continue its efforts towards fulfilling its obligations as a responsible corporate citizen. Continuing to win the ‘CSR Label’ is a fitting testimony of our efforts in this direction. The ‘CSR Label’ is a unique accolade to achieve and most importantly, maintain. The Dubai Chamber deserves commendation for launching the ‘CSR Label’ which could serve as a CSR benchmark as well as contribute to spreading the CSR culture in the UAE’s corporate world”.

Dubai Chamber’s Centre for Responsible Business launched the ‘CSR Label’ in 2010, and CBD has been a winner of the coveted label every year since 2011.

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