Dubai Commerce Chamber Recipient of 'Plan to Action: Year of Sustainability Seal' Award
The Dubai Chamber of Commerce has been honoured with the prestigious 'Plan to Action: Year of Sustainability Seal' for its Environmental, Social, and Governance (ESG) Label initiative. The award is a testament to the United Arab Emirates' (UAE) dedication to a greener future and its commitment to promoting sustainable business practices.
The ESG Label initiative, launched by the Centre for Responsible Business, is a program designed to help companies in Dubai evaluate and improve their preparedness and maturity in adopting ESG standards. Companies that participate receive detailed feedback, including a maturity score and guidance on improving ESG practices. The aim is to align businesses with sustainability goals, positively impacting society, the environment, and governance.
By receiving the ESG Label, companies can enhance their brand reputation, improve investor perception, and align with global ESG standards. The initiative encourages businesses, established for at least two years, to adopt responsible business practices, contributing to the UAE’s national vision for a sustainable and responsible future.
The award given to the Dubai Chamber of Commerce reflects the UAE’s broader commitment to a sustainable future and its efforts to boost investor confidence through social responsibility and environmental stewardship. The ESG Label initiative reinforces the UAE’s position as a leader in sustainability, underscoring its focus on responsible business practices.
The ESG Label helps businesses align with global best practices, supporting the UAE’s wider efforts to embed sustainability across all sectors. The award received by the Dubai Chamber of Commerce highlights the UAE’s efforts to advance sustainability values and responsible business practices, reinforcing its dedication to promoting sustainable business practices.
[1] Dubai Chamber of Commerce & Industry. (n.d.). ESG Label. Retrieved from https://www.dubaichamber.com/esg-label
[2] Zawya. (2021, December 13). Dubai Chamber of Commerce and Industry receives the Plan to Action: Year of Sustainability Seal. Retrieved from https://www.zawya.com/mena/en/press-release/companies-news/dubai-chamber-of-commerce-and-industry-receives-the-plan-to-action-year-of-sustainability-seal-119251146/
[3] Gulf Business. (2021, December 13). Dubai Chamber receives Plan to Action: Year of Sustainability Seal. Retrieved from https://gulfbusiness.com/dubai-chamber-receives-plan-to-action-year-of-sustainability-seal/
- The ESG Label initiative, centered around Environmental, Social, and Governance (ESG) standards, provides a means for companies in Dubai to evaluate and enhance their sustainability preparedness, receiving detailed feedback to improve ESG practices.
- The ESG Label, helping businesses align with global best practices, is instrumental in the UAE’s broader efforts to embed sustainability across all sectors, ultimately aiming to positively impact society, the environment, and governance.
- Receiving the ESG Label not only strengthens a company's brand reputation but also improves investor perception, making it imperative for companies established for at least two years to embrace responsible business practices in line with the UAE’s national vision for a sustainable and responsible future.
- The Sustainability Seal awarded to the Dubai Chamber of Commerce signifies the UAE's dedication to promoting environmental stewardship and social responsibility, allowing them to reinforce their position as leaders in sustainability and environmental-science within the industry.
