Ajman Bank and Ambipar Team Up to Drive a Greener, Net-Zero Future in the UAE

Ajman, UAE – August 2025
In a groundbreaking move toward accelerating the UAE’s green transformation, Ajman Bank has joined forces with Ambipar, a global leader in environmental and carbon solutions, to launch a strategic, long-term sustainability partnership. This collaboration is designed to power Ajman Bank’s net-zero ambitions while setting a new benchmark for sustainable finance in the region.
The partnership was officially signed at a ceremony held at Ajman Bank’s headquarters on August 4, 2025—marking the beginning of a bold joint mission: to embed climate-conscious practices into everyday banking and financial operations.

A Shared Vision for Climate Leadership
Far more than a corporate agreement, this alliance reflects a shared commitment to the planet—merging financial innovation, environmental responsibility, and cutting-edge technology. Together, Ambipar and Ajman Bank aim to create measurable climate impact while offering unique green products to customers and businesses across the UAE.
“This collaboration strengthens our dedication to responsible, forward-thinking practices and supports the UAE’s national sustainability agenda,” said Mustafa Khalfawi, CEO of Ajman Bank. “It’s not just about setting goals, but making sustainability part of our daily operations and services.”

What This Partnership Brings to Life
Here are the key pillars of this strategic partnership:
✅ Net-Zero Strategy & Carbon Management
Ajman Bank and Ambipar will co-develop a comprehensive roadmap to address and offset emissions across all scopes (1, 2, and 3), using Ambipar’s blockchain-based traceability and global carbon accounting expertise.
✅ Sustainable Finance Products
The partnership plans to introduce region-first financial offerings such as:
Carbon-neutral credit cards

Green savings accounts

Real-time carbon offset options for customers, powered by tokenized, verified carbon credits from forest conservation projects.

✅ Operational Environmental Services
Ambipar will support Ajman Bank’s branches in improving waste management, achieving zero-waste certifications, and ensuring environmental compliance.
✅ Sustainability Centre of Excellence (SCoE)
Ambipar will work closely with Ajman Bank’s SCoE to empower corporate clients with tools for decarbonization, ESG reporting, and regulatory compliance, helping businesses align with international standards.
✅ Community Engagement Through “Green Path”
The bank also plans to launch an initiative that allows customers to participate in local tree planting, earn environmental certifications, and play an active role in building a regenerative future.

A Regional First in Embedded Green Innovation
This partnership puts Ajman Bank at the forefront of sustainability innovation in the UAE’s financial sector. By integrating Ambipar’s platform, Ajman Bank will offer its clients transparent, traceable, and internationally verified carbon solutions—a first for any regional Islamic bank.
“We’re proud to partner with Ajman Bank on their sustainability journey,” said Rafael Tello, President of Ambipar Middle East. “Together, we’re turning climate ambition into real, tangible action.”

About Ambipar
Ambipar is a global environmental solutions leader operating in 41 countries, offering services in carbon management, waste recovery, emergency response, and more. It is listed on both the Brazilian and New York stock exchanges and has been recognized globally for its innovation in sustainability and circular economy.
🔗 Learn more at ambipar.com

About Ajman Bank
Ajman Bank is one of the UAE’s most dynamic Islamic financial institutions, leading the way in ethical and sustainable finance. As a founding chair of the UAE Banks Federation Second ESG Committee, the bank plays a pivotal role in shaping the future of ESG practices across the region.
🔗 Visit www.ajmanbank.ae

This partnership is not just a milestone—it’s a message: that the future of finance is green, and the journey to net zero is one that financial and environmental leaders must take together.