The report cataloguedGMG’s remarkable progress in meeting the goals underlined in its corporate sustainability strategy, ‘Make a Difference’. This strategic framework is aligned with the UN’s Sustainable Development Goals (SDGs) and UAE’s Green Agenda-2030, which aim to reduce the country’s emissions to less than 100 kWh by the decade's end.
TIME Magazine collected a roster of over 5,000 of the world's largest and most influential companies, and then partnered with data firm Statista to develop methodology to assess sustainability. Companies were measured on external sustainability ratings. Key criteria included adherence to the UN Global Compact, alignment with the Science Based Targets initiative, inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero, and MSCI ESG & SRI evaluations. The final step involved researching various environmental and social Key Performance Indicators (KPIs) from the companies' Corporate Social Responsibility (CSR) reports.
In the quest for sustainability, businesses are increasingly turning to artificial intelligence (AI) as a pivotal tool. AI's capabilities in data analysis, automation, and predictive modeling offer numerous pathways to enhance environmental responsibility. By leveraging AI, companies can significantly reduce their ecological footprint, optimize resource use, and foster sustainable practices across their operations.
Aster Pharmacy's retail outlets around Dubai launched a new 'Go Green Carry Clean' initiative, introduced in response to the UAE government's latest mandate, prohibiting single-use plastics from June 1st, 2024. The campaign encouraged UAE residents to swap plastic bags with sustainable and reusable bags and bring it with them for any shopping expedition. The widespread initiative promoted a larger cultural shift encouraging UAE residents to start using sustainable bags which are environment friendly, reusable and becomes the standard whenever customers make their purchase.
The National Center of Meteorologyhasannounced that it is hosting an international workshop on the “Advancing Renewable Energy: A Global Workshop on Weather, Water, and Climate Services” as the latest in a series of prestigious meetings bringing together distinguished global experts to explore key topics related to energy and meteorology.
Alshaya Group,one of the leading international retail franchise operators, has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will see the launch of an Aura co-branded credit card in multiple markets over the next two years including Kuwait, Saudi Arabia, the UAE and Qatar, aims to drive growth of the retail sector across the GCC region and bring additional benefits to Aura members.
Jannah Hotels & Resorts is making significant strides in its commitment to sustainability. Under the leadership of Mr. Ossama Charrouf, Corporate Director of Commercial and Development, Jannah Hotels & Resorts has embraced a diverse array of eco-friendly practices and innovative technologies that not only reduce environmental footprint but also enhance guest satisfaction.
