DUBAI, 1st December, 2023 (WAM) -- National CSR Fund (Majra) presented leading entities in sustainability in the UAE the 'Impact Seal' at the Majra-organised gala dinner, in the presence of Hessa bint Essa Buhumaid, Minister of State, Director-General of Dubai's Community Development Authority and board member of Majra.
Nuha Al-Harmoudi, Majra's Director, expressed gratitude for their efforts and Dana Kamali, Chief Business Officer at Majra, highlighted that these achievements align with Majra's vision for the UAE to become a global leader in sustainable impact.
Nuha Al-Harmoudi, Director of Majra, commented, "UAE's commitment to sustainable development is evident through national plans and initiatives like Year of Sustainability, COP28, UAE Centennial 2071, and Energy Strategy 2050. The Impact Seal by Majra accelerates these efforts by recognising entities excelling in ESG and SDGs, aligning with our dedication towards a sustainable future.”
Dana Kamali, Chief Business Officer, Majra, said, “Securing the official Impact Seal for the UAE reflects entities’ commitment to sustainability and contributes to the UAE’s sustainability agenda. This achievement not only serves as a testament to dedication but grants entities access to valuable feedback to enhance their practices, aligning with the UAE’s aspiration to become a global driver for sustainable impact.
Majra also launched the “Sustainable Impact Annual Report: Includes Best Practices from 50 Leading Entities in the UAE” which highlighted the results of a pilot study that evaluated the ESG performance of 118 UAE-based entities from six industry sectors. The results showed that 30 percent of the entities have a dedicated budget for local services, goods and subcontracting. 53.7 percent of the entities have training programs for UAE nationals. 36 percent of the entities stated that they had aligned their innovation activities with the strategic priorities of the UAE. 48 percent measure the impact of their operations in accordance with the UN Sustainable Development Goals (SDGs) with the prioritisation of Gender Equality (Goal 5), followed by Decent Work and Growth (Goal 8). 44 percent of the entities engaged with their external stakeholders on CSR and sustainability-related issues. It is also worth noting that the participating entities declared making CSR contributions equivalent to AED441.44 million.
The report also presents 50 carefully
selected case studies from Impact Seal recipients to highlight their leadership
in environmental, social, and governance (ESG) best practices in the UAE and
their alignment with the UN SDGs. Each case study is intended to be a
stand-alone representation of best practice, but collectively they provide an
overview of the UAE's commitment to ESG principles. The report will help
promote positive sustainability practices among entities which will have a
positive impact on corporate value creation, company growth, society, the
environment and the economy.
The submissions to the Impact Seal were
voluntary and the winning entities include:
Platinum: Dulsco, Abu Dhabi Commercial Bank
PJSC, Emirates National Oil Co. LTD (ENOC) – LLC, Etisalat Group, HSBC Bank
Middle East Limited (UAE Branch), Khidmah, DHAM LLC, Etihad Rail Company, The
Emirates Group, Apparel Group, Dubai Multi Commodities Centre, Dolphin Energy
Limited, Crescent Enterprises, DU Emirates Integrated Telecommunications PJSC,
First Abu Dhabi Bank P.J.S.C, DP World UAE.
Gold: ABB Industries LLC, Abu Dhabi
Cooperative Society, Accenture Middle East, AJMS Global Consulting, Al Serkal
Group LLC, Alnasr Technical Trading Agencies L.L.C., BESIX, BNP Paribas,
CITIBANK, City University College of Ajman, Cylka Corporate, Desert Leisure
Swimming Pool, Emirates Islamic P.J.S.C, EMIRATES NBD BANK P.J.S.C, Hawa Water
FZ LLC, International Center for Biosaline Agriculture, International Holding
Company PJSC, Mashreq Bank, Petrofac, PricewaterhouseCoopers - Middle East,
Schneider Electric, Sergas - International Gas Services, Sharjah Investment and
Development Authority – Shurooq, Standard Chartered, THE NATIONAL BANK OF RAS
AL KHAIMAH P.S.C., Unilever Gulf FZE.
Silver: Aafaq Islamic Finance, Agriculture
Bank of China, AL AHALIA MONEY EXCHANGE BUREAU, Al Madeena Interlock, Amina
Hospital, Avitazen DMCC, Cloudgate Consulting, Credit Agricole Corporate and
Investment Bank, Deem Finance, Industrial and Commercial Bank of China
Limited-Abu Dhabi Branch, Insultherm middle east LLC, Insurance House, JEX
International logistics, MCB Bank Ltd, National Bank of Umm Al Qaiwain,
NATIONAL CORPORATION FOR TOURISM & HOTELS, Sajwani Exchange, Sharjah
Chamber Of Commerce And Industry, The British University in Dubai, TRIDENT
FREIGHT LLC (Branch), United Arab Bank PJSC, Waha Corporate, Western Bainoona
Group for General Contracting LLC, Al Futtaim Finance PvJSC, Axiom Telecom,
Commercial Bank of Dubai, Dalma Mall, Desert Landscape Co, Desert Turf Care,
DFS MIDDLE EAST DWC-LLC, Dubai Garden Centre, Emirates Driving Company,
Khadamat Facilities Management LLC, National Central Cooling Company PJSC
(Tabreed), RAK Ceramics.