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Moro Hub announced the offering of national bonds with a green certificate

news agency wam , 27 Sep 2024 - 0:13

Moro Hub, a subsidiary of Digital DEWA, ​​the digital arm of the Dubai Electricity and Water Authority (PJSC), has announced the issuance of green-certified national bonds.


According to Amac News: Moro Hub's statement states that it has provided green certified national bonds with National Bonds, an investment and savings company in accordance with the Sharia of the UAE.
According to the statement, the green certificate was presented to Naru Srinivasan, Group Chief Operating Officer at National Bonds by Mohammad Al Malik, Chief Information Security Officer at Moro Hub.
This certificate confirms that National Bonds will effectively reduce carbon emissions by up to 67,205 kg CO2e during the hosting period from March 1, 2022 to May 17, 2025 through the use of Morro Hub's green data centers.
Green data center Moro Hub has been certified as the largest solar powered data center by Guinness World Records and is the command and control center of advanced and sustainable smart cities.
The center enables government and enterprise customers to fast-track new adoption in the age of digital technologies.
The green certificate represents the concerted efforts of businesses in adopting environmentally friendly practices and fostering a culture of environmental responsibility. This initiative is in line with Moro Hub's unwavering commitment to minimize its carbon footprint and contribute to the UAE's 2030 Green Agenda.


Story Code: 1672

News Link :
https://www.amacnews.com/en/news/1672/moro-hub-announced-the-offering-of-national-bonds-with-a-green-certificate

AMAC
  https://www.amacnews.com