Mashreq’s Climb2Change environmental cleanup initiative is coming to Egypt this month: Our friends at Mashreq are set to begin clean-up of three designated zones in Wadi Degla in November, as part of their wider Climb2Change global ESG initiative focused on sustainability-linked financing and environmental preservation, the bank said in a statement (pdf). The initiative aims to scale and clean up 14 mountain sites around the world, reaching seven peaks and seven base camps. Led by esteemed Egyptian adventurers Omar Samra and Manal Rostom, the project will focus on waste management and conservation promotion in one of Cairo’s natural wonders. Mashreq employees from Egypt and its global network will participate in the clean-up after receiving on-ground training in waste management.

This comes after Mashreq’s recent success in Pakistan: The Egypt expedition builds on Mashreq’s recent efforts in Pakistan, where the team achieved one of the highest-altitude clean-ups ever recorded at 23.8k feet on K2. Mashreq collected 1.7 tons of waste from various peaks and base camps, benefiting over 100 community members and 47 local businesses.

What they said: “Building on the success of our clean-up missions in Nepal and Pakistan, this initiative in Wadi Degla goes beyond conservation — it embodies our ambition to cultivate a culture of environmental stewardship and proactive climate action. Egypt, as a key market closely aligned with our strategic ESG objectives, provides an ideal setting for the next phase of Climb2Change, reinforcing our commitment to creating lasting impact through environmental and social initiatives,” group CEO Ahmed Abdelaal said.

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