ISLAMABAD: Mobilink Bank has transitioned 35% of its branch network to renewable energy, a move welcomed by Kaan Terzioglu, who described the bank’s sustainability efforts as a strong example of responsible growth in emerging markets. The development reflects the bank’s broader strategy to integrate environmental, social and governance (ESG) principles into its operations.

During a recent visit, Terzioglu, chief executive officer of VEON, reviewed Mobilink Bank’s digital banking model, sustainability initiatives and customer-focused services. He also interacted with customers to assess how the bank is expanding access to financial services through technology.

Terzioglu said the bank’s progress in green financing and digital inclusion demonstrates how financial institutions can contribute to both environmental protection and economic growth.

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Mobilink Bank President and CEO Haaris Mahmood Chaudhary said sustainability is central to the bank’s long-term strategy, adding that its model focuses on digital services, responsible financing and inclusive growth.

The bank has allocated approximately PKR 2.9 billion to green financing initiatives, supporting solar energy solutions and electric mobility options such as e-bikes for underserved communities. Its transition to renewable energy across branches is part of efforts to reduce carbon emissions and operational impact.

Mobilink Bank is also developing a data-driven ESG framework to monitor emissions, with baseline carbon output measured at 4,489 metric tons of CO₂. Officials say this will support transparent tracking and future reduction targets.

On the social front, the bank reported enabling more than 31,000 women through financial inclusion programmes in 2025. It also manages a gross loan portfolio of PKR 50.30 billion aimed at expanding access to finance for small businesses.

Additional initiatives include the solarisation of a digital arts lab at a government girls’ school in partnership with Zindagi Trust and a clean water project benefiting over 1,000 students.

Officials say the bank’s integrated ESG approach positions it to support sustainable economic development while expanding access to digital financial services in Pakistan.