ADQ and Abu Dhabi Investment Office Partner on Sustainability Initiatives

The Abu Dhabi Investment Office (ADIO) and ADQ announced a strategic partnership focused on sustainable economic growth and ESG integration within the emirate. This collaboration aims to enhance sustainability by investing in green technologies, and renewable energy projects, and fostering innovation in environmental and social governance sectors. The partnership reflects Abu Dhabi’s commitment to ESG principles and its drive to attract investments aligned with sustainable development goals.

Dubai Ups Investments in Renewable Energy

Dubai achieved significant milestones in its renewable energy sector, with new solar projects coming online and increased investments in green energy. Dubai Electricity and Water Authority (DEWA) reported progress in its solar power initiatives, contributing to the emirate’s goal of generating 75% of its energy from clean sources by 2050. These advancements highlight Dubai’s commitment to sustainability and its leadership in renewable energy in the Middle East.

Agility Recognized as Sustainability Leader

Agility, a prominent logistics company, received recognition from Forbes Middle East for its sustainability efforts. The company has pioneered using sustainable materials and systems in industrial infrastructure across the Middle East and Africa. Agility’s projects include the first warehousing facilities in the MENA region to receive the EDGE Advanced certification and significant investments in clean technologies and community development initiatives.

Sustainable Square and AFCM Sign MoU

UAE-based Sustainable Square Consultancy signed a Memorandum of Understanding with the Arab Federation of Capital Markets(AFCM). This partnership aims to enhance ESG practices and standards within capital markets across the region, promoting sustainable development and responsible investment practices.

Emerge-AJ Steel Agreement for Solar PV Plant

Emerge, a joint venture between Masdar and EDF signed an agreement with AJ Steel Pipes to develop a 3MWp solar rooftop PV plant. This initiative aligns with the UAE’s goals of increasing renewable energy adoption and reducing carbon emissions.

Orange MEA Launches Engage for Change Platform

Orange Middle East and Africa launched theEngage for Changeplatform, aimed at fostering environmental and social initiatives across its operating countries. This platform seeks to engage employees, customers, and partners in sustainability projects, contributing to the company’s broader ESG objectives.

Read More

Middle East ESG Weekly Round-Up