CIBC FirstCaribbean continues its green initiatives withthe recent unveiling of electric charging ports at one of its main offices in Warrens with a furtherinstallation expected in a month at its Head Office.
Two EV stations have been installed so far allowing for use by two vehicles at a time at one officelocation with a further two to be installed at the Michael Mansoor Building, the bank’s head office inWarrens. Provision have been made at both locations for additional charging ports in the future.
“This is another step along the road on our green journey which has included the introduction ofpaperless statements for all types of accounts and credit cards, the introduction of energy savingprotocols in our offices and of course financing green initiatives at the retail and corporate level,” saidChief Administrative Officer Neil Brennan.
He said the bank was “committed to maintaining strong environmental standards and conducting ouractivities in an environmentally and socially responsible manner that contributes to long-term value forour clients, employees, the communities where we operate, and our shareholders”.
Brennan said the bank’s Corporate and Investment Banking team continues to “blaze a trail insustainability-linked financing across the region, having arranged transactions totaling almost US$500million to date. Indeed, we are the largest commercial lender in the regional Renewable Energy sectorwith over US$200 million in commitments made and counting”.
He noted that for the “second year running our dedicated corporate team won the CaribbeanRenewable Energy Forum’s award for Best Renewable Energy Financing, this is a true testament totheir commitment and drive in this key area”.
Last month, CIBC FirstCaribbean, working together with Credit Suisse and supported by The NatureConservancy and the Inter-American Development Bank, successfully closed a USD146.5 million dual-currency Blue Loan and Blue Bond for the Government of Barbados. This funding will, in part, allowBarbados to protect its marine environment and finance other environmental and sustainabledevelopment projects over the next 15 years.
CIBC FirstCaribbean continues its green initiatives with
the recent unveiling of electric charging ports at one of its main offices in Warrens with a further
installation expected in a month at its Head Office.
Two EV stations have been installed so far allowing for use by two vehicles at a time at one office
location with a further two to be installed at the Michael Mansoor Building, the bank’s head office in
Warrens. Provision have been made at both locations for additional charging ports in the future.
“This is another step along the road on our green journey which has included the introduction of
paperless statements for all types of accounts and credit cards, the introduction of energy saving
protocols in our offices and of course financing green initiatives at the retail and corporate level,” said
Chief Administrative Officer Neil Brennan.
He said the bank was “committed to maintaining strong environmental standards and conducting our
activities in an environmentally and socially responsible manner that contributes to long-term value for
our clients, employees, the communities where we operate, and our shareholders”.
Brennan said the bank’s Corporate and Investment Banking team continues to “blaze a trail in
sustainability-linked financing across the region, having arranged transactions totaling almost US$500
million to date. Indeed, we are the largest commercial lender in the regional Renewable Energy sector
with over US$200 million in commitments made and counting”.
He noted that for the “second year running our dedicated corporate team won the Caribbean
Renewable Energy Forum’s award for Best Renewable Energy Financing, this is a true testament to
their commitment and drive in this key area”.
Last month, CIBC FirstCaribbean, working together with Credit Suisse and supported by The Nature
Conservancy and the Inter-American Development Bank, successfully closed a USD146.5 million dual-
currency Blue Loan and Blue Bond for the Government of Barbados. This funding will, in part, allow
Barbados to protect its marine environment and finance other environmental and sustainable
development projects over the next 15 years.
