The Bank also decided to target its customers. Following the garbage crisis that Lebanon went through in 2016, and through our commitment to a greener environment, Fransabank reacted to the crisis by introducing an awareness campaign inciting its clients to embrace recycling habits. Accordingly, each branch received two color-coded bins, whereby clients could throw in the blue lid bin: papers, plastic bottles and cans, and a in the black lid bin all non-recyclable waste.
Supporting national efforts to fight climate change, Fransabank joined the Lebanon Climate Act.
This pledge again demonstrates our ongoing engagement to climate action, and assurance to reduce our environmental and carbon footprint, increase low-carbon investments, deploy more clean energy, and build more sustainable businesses and communities.
Consequently, Fransabank has been recognized with a token of appreciation for its active engagement in supporting Lebanon’s overall reduction of carbon emissions and pollution, during the Lebanon Climate Act Business Knowledge Platform session that was held in July 2017.
Lebanese Water Stewardship
In 2018, we adopted the Lebanese Water Stewardship, in coordination with Lebanon Water Project, a USAID funded program. It aims to create awareness on the importance of water, water savings, development of water treatment projects, etc. Accordingly, we work on integrating water management criteria in our credit assessments, thus creating awareness among our corporate and SME clients.
Green Business Pledge
Being one of the first signatories to the Green Business Pledge launched by Info Pro, Fransabank was rewarded with a certificate of appreciation during the “Business Opportunities in Lebanon’ Conference: “Cutting-edge” Economy. The conference witnessed the creation of the ‘Lebanon Opportunities Green Business Club’ providing a forum in which all the signatories can exchange information and learn about sustainability practices, and whereby Fransabank shared its expertise in sustainable energy finance.
Protecting Lebanon Green Heritage
Fransabank continuously support the preservation of Lebanon green heritage; and when necessary contributes to the reforestation and greening process of threatened areas.
These initiatives not only cover the capital Beirut but extend to other cities and villages. Among our contributions, we list:
- USD 1 million were donated to raise money to purchase planes and equipment to respond to firefighting emergencies.
- The reforestation of many public gardens across Lebanon.
- The creation of a new cedar forest in Bsharri planting 1,000 cedar trees in a 30,000 square meter area.
- Financed a two-meter high iron fence and gates in Horsh Beirut.
- Yearly support to Jouzour Loubnan, while employees planted more than 1,000 ‘Cedrus Libnani’ in Kfardebian.
- The renovation of Bkassine Public Garden located in South Lebanon. Such endeavours are executed in various areas like Marjeyoun and Zahleh, amongst others.