Environmental Protection

Environmental Loans

These loans cover a spectrum of environmentally friendly solutions applied in private houses, commercial and industrial buildings, from purchasing of an absorption chiller solution, financing energy efficient components, planting trees, renovating lighting systems and installation of photovoltaic panels, to landscaping implementations.
USD 6.2 MILLION
ENVIRONMENTAL LOANS SUBSIDISED BY THE CENTRAL BANK OF LEBANON AT PREFERENTIAL INTEREST RATES

Effluents and Waste

We sustained our “Grow Green” Program which encourages employees to recycle solid waste at the workplace and at home, and to dispose of it at the Bank’s three special hubs. Collected plastic bottle caps continue to be donated to “arcenciel” to provide wheelchairs for the disabled, and collected plastic bottles are donated to Association de l’Ecoute. In 2016, we persisted on tracking the impact of our “Grow Green” Program since its inception in 2012.


UPCYCLING FOR A CAUSE E-WASTE COLLECTION FUNDS NGO
Electronic waste or e-waste describes used and discarded electrical or electronic devices destined for reuse, resale, salvage, recycling or disposal. Processing these in developing countries can lead to adverse human health effects and environmental pollution due to various chemicals and materials used in the production of such equipment or accessories. Electronic scrap components, such as CPUs, RAMs etc. contain potentially harmful components like lead, cadmium and beryllium.

Recycling and disposing of e-waste may involve significant risk to workers and communities, and great care must be taken to avoid unsafe exposure in recycling operations and leaking of heavy metals from landfills and incinerator ashes.

In this respect, Bank Audi’s CSR Unit extended its Recycling Program to include electronic waste for ONE day in celebration of Earth Day on April 22. Collected materials were donated to Association de l’Ecoute, an organisation established in 1990 that assists disabled persons (deaf, blind or people suffering from limited mobility) and people suffering from illnesses. Association de l’Ecoute upcycled the collected materials by creating items to fund the purchase of wheelchairs and hearing aids for the needy community.

This Initiative Aimed at Helping:
  • Reduce the amount of waste sent to landfills.
  • Conserve natural resources such as wood, water and minerals.
  • Prevent pollution.
  • Save energy.
  • Reduce greenhouse gas emissions that contribute to global warming.
  • Help sustain the environment for future generations.