Mashreq and Fils collaborate on corporate carbon offset services

Mashreq (financial institution in the Middle East and North Africa region) has signed a Memorandum of Understanding (MoU) with the Fils (UAE-based fintech firm) to create a corporate carbon footprint mitigation service. This will allow businesses to integrate carbon offsetting from their Mashreq corporate accounts seamlessly.

This initiative also helps the transition to an Environmental, Social, and Corporate Governance (ESG) compliant corporate landscape, facilitating the integration of sustainable practices and climate action.