Dubai Chamber of Commerce awards ESG Label to 27 firms

The Dubai Chamber of Commerce has recognized 27 companies for their commitment to sustainable business practices by awarding them the Dubai Chamber of Commerce Environmental, Social, and Governance (ESG) Label during the annual Sustainability Week. The award ceremony highlighted the importance of adopting practices that positively impact society, the environment, and promote good governance. The recipients of the ESG Label include a diverse range of organizations such as Adnoc Distribution, ALEC Engineering and Contracting, Aramex, and Emirates NBD, among others. Maha Al Gargawi, the Vice President of Business Advocacy at Dubai Chambers, emphasized the label s role in encouraging businesses to advance sustainability and ESG readiness. The Dubai Chamber of Commerce ESG Label was developed by the chamber s Centre for Responsible Business to help organizations evaluate their ESG readiness and maturity levels. The development process involved a thorough assessment by globally recognized ESG experts and consultation with the business community. The framework aligns with global best practices and meets local and international baseline requirements for ESG reporting and preparedness. Sustainability Week 2024, organized by the Dubai Chamber of Commerce s Centre for Responsible Business, will feature events showcasing the role of advanced technologies, such as AI, in developing practical sustainability solutions. The goal is to accelerate the adoption of sustainable business practices among the private sector. In summary, the Dubai Chamber of Commerce ESG Label recognizes and encourages companies to adopt sustainable business practices, with a focus on environmental, social, and governance factors. The label s development process involved global expertise and consultation with the business community, ensuring alignment with best practices and local requirements. Sustainability Week 2024 aims to further promote sustainable business practices through the use of advanced technologies. <|end|>

Source: tradearabia.com
Published on 2024-10-07

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