Dubai Chamber of Commerce Awards ESG Label to 27 Companies for Sustainability

Photo : Dubai government media office

The Dubai Chamber of Commerce, a key entity within Dubai Chambers, has recently awarded the Environmental, Social, and Governance (ESG) Label to 27 companies that exemplify excellence in adopting sustainable business practices. This recognition was announced during the chamber’s annual Sustainability Week, taking place from October 7 to 11.

The list of organizations honored with the ESG Label includes notable names such as ADNOC Distribution, ALEC Engineering and Contracting, Aramex, Bidfood Middle East, Canon Middle East, Chalhoub Group, China Mobile International, Commercial Bank of Dubai, DP World, Drydocks World, du, Dubai World Trade Center, Dulsco Group, Emirates Gas, Emirates NBD, Empower, Emrill Services, ENGIE, EY UAE, Innovo Group, Majid Al Futtaim, Orient Insurance, Phoenix Contact, School Transport Services, Transguard Group, Transworld Group, and Tristar Group.

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Maha Al Gargawi, the Vice President of Business Advocacy at Dubai Chambers, stated, “The Dubai Chamber of Commerce ESG Label is designed to encourage the business community to adopt and develop practices that positively impact society and the environment. By recognizing participants' efforts to advance sustainability, we aim to promote good governance.”

The ESG Label was developed by the chamber’s Centre for Responsible Business and serves as a tool for organizations to assess their readiness and maturity in ESG practices, promoting sustainable business growth. The development process included a comprehensive evaluation by internationally recognized ESG experts who analyzed both global and regional regulatory environments and reporting frameworks. This assessment aimed to identify key factors in measuring an organization’s ESG maturity. Additionally, consultations with the business community helped shape a framework aligned with global best practices, ensuring it meets local and international standards for ESG reporting.

Sustainability Week 2024 is being organized by the Centre for Responsible Business, with a focus on enhancing the role of advanced technologies in sustainability efforts. The sessions during this week will highlight how artificial intelligence can be leveraged to create effective sustainability solutions, ultimately aimed at accelerating the adoption of sustainable business practices within the private sector.

The Centre for Responsible Business plays a crucial role in promoting sustainable and responsible business practices within Dubai. It is dedicated to supporting and motivating companies to implement best practices in ESG, enhancing their performance, competitiveness, and social and environmental contributions. The center offers various platforms, tools, and access to knowledge and expertise to help businesses integrate governance, sustainability, and social responsibility throughout their operations.