Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
27-10-22
Aramco declares USD1.5 billion investment to back energy transition
(MENAFN) Saudi Arabia's energy giant Aramco declared the launch of a USD1.5 billion sustainability investment on Wednesday with the target of financing in technologies to back a stable and inclusive energy transition.
Between the biggest sustainability-concentrated project capital funds worldwide, the fund is an extension of the firm’s efforts to reach the glob’s increasing energy request, with decreased greenhouse gas emissions.
The investment targets to finance in technologies that back Aramco's net zero 2050 framework with an preliminary concentration on carbon capture and inventories, greenhouse gas emissions, energy efficiency, nature-based climate resolutions, digital sustainability, hydrogen, ammonia as well as synthetic fuels.
Aramco targets to reach net zero greenhouse gas (GHG) emissions throughout its entirely-possessed functioned assets within the next 38 years (2050).
"Climate change is a critical issue, which is why sustainability is well-integrated into Aramco’s strategy and investment decisions. The company is harnessing innovation and collaboration as it seeks long-term solutions to global energy challenges," Aramco Chairman, Yasir Al-Rumayyan, was recited as saying in the announcement.
MENAFN27102022000045014228ID1105087391
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us