Ajman, UAE –In a move to contribute towards sustainable transformation of the UAE economy, Ambipar, a global leader in environmental and carbon solutions, and Ajman Bank, one of the UAE’s most dynamic financial institutions, are proud to announce a long-term strategic partnership aimed at supporting Ajman Bank’s ambitious net-zero and sustainable finance strategy.
This alliance represents much more than a collaboration: it is a shared commitment to the planet, uniting innovation, technology, and purpose around a clear mission: to accelerate the journey towards carbon neutrality, strengthening the role of the financial and environmental sectors in building a lasting green legacy. Together, Ambipar and Ajman Bank will seek areas of collaboration to integrate environmental services, carbon solutions, and innovative financial products, delivering tangible climate impact and market differentiation.
Key Pillars of the Partnership
“This collaboration with Ambipar represents a significant milestone for Ajman Bank as it strengthens its commitment to sustainability by actively engaging with global leaders in the field. Through this partnership, the bank reaffirms its dedication to responsible forward-thinking practices and also sets a clear path toward adopting and promoting leading sustainability standards. It underscores our continuous efforts to innovate, lead by example, and contribute to UAE’s global sustainability agenda”
- Mustafa Khalfawi, CEO, Ajman Bank
“This partnership with Ajman Bank represents a powerful step forward in our mission to support the UAE’s journey toward net zero. We are honored to be chosen by Ajman Bank as their strategic sustainability partner and bring Ambipar’s global expertise to help advance environmental performance across the country’s financial and business sectors. Together, we aim to make sustainability not just a goal, but a shared value embedded in everyday operations and decisions.”
- Rafael Tello, President, Ambipar Middle East
“Ambipar's mission is to support the construction of a world with net-zero emissions. Being alongside Ajman Bank on this journey is an honor and a responsibility we proudly embrace. Our commitment is clear: to transform intentions into concrete actions that make a difference for the climate, for business, and for future generations.”
A Regional First in Green Innovation
This visionary partnership positions Ajman Bank as afirst-mover in joining hands with Ambipar in the region, reinforcing its leadership position within the UAE Banking sector. By aligning with Ambipar’s verified carbon and environmental services platform, Ajman Bank clients and stakeholders will benefit from world-class tools and transparent, traceable and auditable impact aligned with international climate goals.
The signing of a Memorandum of Understanding (MoU) took place on the4thof August 2025, during a joint event atAjman Bank’s headquarters, symbolizing a shared commitment to sustainable development in the UAE and beyond.
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About AMBIPAR
Ambipar is a global leader in environmental solutions and invests and operates decarbonization, circular economy, energy transition and environmental regeneration projects. It was founded in 1995 and operates in Brazil and 41 countries with a broad portfolio of environmental services, especially for waste recovery and responses to environmental emergencies, based on the principles of sustainability. A pioneer in various products and services, it is a benchmark in the market by Research, Development, and Innovation (RD&I), with more than 100 circular economy solutions, over 25 patents, and more than 50 national and international innovation awards. With mor than 23 thousand employees around the world and over 600 operational bases, the company has shares listed on B3 and The New York Stock Exchange. Its performance is also recognized by Standard & Poor’s, which classified Ambipar’s shares as green stocks on the B3, the Brazilian stock exchange.
For more information, visit: https://ambipar.com/a-ambipar/
About Ajman Bank
Ajman Bank is one of the leading Islamic banks in the UAE, dedicated to delivering innovative financial services rooted in sustainability, ethics, and customer value. The Bank chairs the UAE Banks Federation Second ESG Committee and is actively shaping the future of sustainable finance in the region.
For media inquiries or further information, please contact:
Rafael Tello, President, Ambipar Middle East | rafael.tello@ambipar.com
Zohaib Ali Zahid, Head of Enterprise Project Management Office and ESG, Ajman Bank | zohaib.zahid@ajmanbank.ae
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