Governance Archives - Page 5 of 12 - Living Business

category="<a href="https://livingbusiness.com/category/governance/green-financing/" rel="tag">Green financing</a>">Category: Governance

Oman formulates roadmap to foster sustainable financing

Published on September 18, 2023

The Central Bank of Oman (CBO) has formulated a preliminary roadmap aimed at fostering sustainable and green financing within the domestic financial system, a recent report revealed. The CBO’s Financial Stability Report (FSR) 2023 published recently said, “CBO is also actively encouraging financial institutions to develop policies that facilitate and promote green financing.”“Moreover, CBO is […]

Emirates NBD launches Sustainable Finance Framework

Published on September 11, 2023

As part of its long-term commitment to sustainability, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched its Sustainable Finance Framework. The new Framework allows for the issuance of green and sustainable debt instruments to finance projects which enable the transition to a low carbon and […]

Masdar Park design earns Estidama ‘Exemplar’ sustainability rating

Published on September 11, 2023

Masdar City’s Masdar Park has achieved the “Exemplar” design rating under the Estidama Public Realm Rating System, becoming the second community park in Masdar City, Abu Dhabi, and the region to achieve this rating. This recognition signifies that plans for Masdar Park have met or surpassed the Estidama system’s economic, environmental, social, and cultural standards […]

EGA’s Al Taweelah alumina refinery certified by Aluminium Stewardship Initiative for ESG performance

Published on August 21, 2023

Emirates Global Aluminium today announced that its Al Taweelah alumina refinery has been certified for its environmental, social and governance performance by the Aluminium Stewardship Initiative. All EGA operational assets around the world are now certified to the Aluminium Stewardship Initiative’s Performance Standard V2 (2017). The Aluminium Stewardship Initiative is a global, non-profit organisation that […]

Saudi: NCEC’s pilot project requires firms to file periodic environmental reports

Published on August 16, 2023

The National Center for Environmental Compliance (NCEC) has announced the trial launch of a new platform obliging establishments to submit environmental reports. The new platform aims to facilitate the process of submitting environmental reports by establishments that have an environmental impact. The platform comes as part of the NCEC’s efforts to strengthen compliance with environmental […]

Rixos Hotel UAE wins Global Sustainable Tourism Council certification

Published on August 16, 2023

Rixos Hotels UAE has won certification by the Global Sustainable Tourism Council (GSTC), making it the first hotel brand in the region to attain such prestigious recognition. This achievement underscores Rixos Hotels Gulf’s commitment to responsible and sustainable tourism practices, aligning seamlessly with the UAE’s initiative to declare 2023 as the “Year of Sustainability”, the […]

Companies across the globe are prioritising sustainability: Honeywell report

Published on August 15, 2023

According to a report issued by Honeywell, a majority of firms are planning greater expenditures in support of their sustainability objectives Called the 3Q 2023 Environmental Sustainability Index, the report was published in collaboration with The Futurum Group. The paper added that firms worldwide are looking to spend more on sustainability objectives, despite economic uncertainties. According […]

Abu Dhabi and Beijing forge twinning relations to advance sustainable urban development and smart city initiatives

Published on July 24, 2023

The Department of Municipalities and Transport has signed a letter of intent to establish Twin City relationships between Abu Dhabi and Beijing, the capital of the friendly People’s Republic of China. The signing took place during the official visit by a delegation from the Department of Municipalities and Transport (DMT), headed by His Excellency Mohamed […]

UAE to establish Maritime Decarbonisation Centre

Published on July 24, 2023

In a groundbreaking move that solidifies the UAE’s status as a global leader in sustainability and energy transition, the UAE Ministry of Energy and Infrastructure (MOEI) has announced the establishment of the “UAE Maritime Decarbonisation Centre.” As the first-of-its-kind Centre in the MENA region and the fourth globally. This pioneering initiative, developed in collaboration with […]

Living Business is officially a B Corp

Published on July 13, 2023

Living Business proudly joins the B Corp community, committing to a sustainable future. A B Corp, also known as a Benefit Corporation, is a business that is legally required to consider the impact of its decisions not only on its shareholders but also on society and the environment, in addition to generating profits. B Corps […]

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