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Sunday, April 14, 2024

JS bank tackles climate change at COP24

News Desk |

Being responsible to the environment, JS became the first commercial bank in Pakistan to be certified as a Green Office by the World Wide Fund for Nature (WWF Pakistan) and is incessantly working to play its part. And in its continued efforts to promote youth development and confront climate change, it recently sponsored two delegates to visit the Conference of the Parties (COP24) and represent Pakistan – a meeting of the governing body on the United Nations Framework Convention on Climate Change (UNFCCC).

COP24 is the informal name given to the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). Negotiators from 196 countries and the European Union worked for two weeks, in December of this year, on the Katowice Climate Package to implement the Paris Agreement of 2015 – a landmark contract to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future.

Moreover, Pakistani representation on worldwide platforms working for global advancement helps bring out the positive image of our nation at the hands of our upcoming educated generation and businesses – a matter of pride! 

More than a dozen intense meetings enabled negotiations to be successful on different topics regarding principles aimed at implementing the said agreement. For two weeks, a wide range of issues were discussed – all revolving around technology, human and nature.

Several of our national organizations are making efforts to play their role in making a greener Pakistan. JS Bank has also been noted to benefit the country and its citizens through various green initiatives leading to an environmentally sustainable planet, all the way from converting more than 100 of its branches to solar energy to supporting tree plantations.

In fact, these and many more environmental and social activities have been undertaken by the bank under its sustainable finance platform. And said efforts drove it to receive the award for Best Environmental and Social Governance Bank at the Pakistan Banking Awards in 2017.

Read more: Agahi seminar on corporate social responsibility !

The United Nations Climate Change Conferences are yearly conferences held in the framework of the United Nations Framework Convention on Climate Change (UNFCCC). The two individuals, Safee ul Haque from the Institute of Business Administration (IBA) and Sonia Madad from Federal Medical and Dental College Islamabad travelled to Katowice, Poland for this meeting.

Speaking on the occasion Sonia Madad said, “Being a part of COP24, I have realized that each one of us has a part to play in dealing with one of the biggest challenges that humanity faces today.” She then proceeded to thank JS and the Mahvash and Jahangir Siddiqui Foundation (MJSF) for their continued efforts in encouraging climate activism among youth in Pakistan.

Read more: JS Bank eyeing to empower small investors – CEO JS Global…

Such sponsorships to international conferences not only help build a character of our students but also promotes entrepreneurship in our youth to hopefully play their roles in the future as primary parts of such initiatives. Moreover, Pakistani representation on worldwide platforms working for global advancement helps bring out the positive image of our nation at the hands of our upcoming educated generation and businesses – a matter of pride!