DMCC Partners With Dubai Companies To Boost Sustainability
Fahad Shabbir (@FahadShabbir) Published January 20, 2020 | 04:00 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 20th Jan, 2020) DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced an up to 30 percent discount rate on licence fees for companies with membership of the UN Global Compact.
The UN Global Compact is the world’s largest voluntary sustainability initiative that encourages businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. Over 12,000 organisations are currently signed up to the initiative.
During a briefing session at Almas Tower yesterday, 15 leading companies registered in DMCC were recognised for becoming official signatories of the UN Global Compact. DMCC’s active support of the international initiative falls in line with its corporate sustainability strategy, and wider effort to promote the integration of sustainability into the heart of the 17,000 businesses based in Jumeirah Lakes Towers.
"We are acutely aware of how important the United Nations Global Compact initiative is, and the positive societal, environmental and economic impact it has across the world. DMCC’s active membership with the UN Global Compact falls in line with our sustainability strategy, and ongoing support of the UAE Government’s agenda for responsible economic growth," said Feryal Ahmadi, DMCC Chief Operating Officer.
"DMCC has embedded sustainability at every level of its decision-making process," she continued, adding, "we recognise our responsibility to encourage meaningful change within the 17,000 companies registered with us. Joining the UN Global Compact is hugely beneficial for our members, and it is why we decided to offer commercial incentives."
Ahmadi noted, "Looking ahead, we will continue to encourage companies to embrace the 17 Sustainable Development Goals, and contribute towards a better and more sustainable future for all."
The 15 DMCC member companies that have pioneered DMCC’s initiative to join the UN Global Compact and work closely with the Global Compact Network - UAE are: ALROSA EAST; AMC Advertising; Astrolabs; BulkWhiz; Cafu; Dhamani Jewels; German Arabian Serviced Offices; Greek & Delicious; Hakan Group; India middle East Agro Trade & Industry Investment Forum; Kaizen Global Enterprises; Lava Group; Nook; Olam International; and Sprii.
Related Topics
Recent Stories
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago