Governance Archives - Page 6 of 12 - Living Business

category="<a href="https://livingbusiness.com/category/environment/" rel="tag">Environment</a>,<a href="https://livingbusiness.com/category/governance/" rel="tag">Governance</a>">Category: Governance

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 […]

ADGM begins implementing its sustainable finance regulatory framework

Published on July 10, 2023

Abu Dhabi Global Market (ADGM) today announced the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation, reinforcing its position as a leading sustainable financial hub and a natural hub for sustainable finance activities. The framework encompasses rules on sustainability-orientated investment funds, managed portfolios and bonds as […]

Saudi’s PIF, UAE’s ADQ among funds with highest sustainability rankings in 2023

Published on July 3, 2023

Saudi Arabia’s Public Investment Fund (PIF) and UAE’s ADQ have reported the highest improvement in the Global Sovereign Wealth Fund’s (SWF) governance, sustainability and resilience (GSR) scoreboard for 2023. Among the funds rated in both 2022 and 2023, 69 got higher marks, 94 stayed the same and only 22 got lower marks, according to a […]

Registrations fees waived for companies wishing to list green, sustainability-linked bonds, sukuk in local market in 2023: SCA

Published on June 7, 2023

The Securities and Commodities Authority (SCA) Board of Directors has approved, during its meeting chaired by Mohamed Ali Al Shorafa, a proposal to exempt companies wishing to list their green or sustainability-linked bonds or sukuk in a local market from registration fees for the year 2023. The decision aims to highlight the actions taken by […]

DP World cut global carbon emission by 5% in 2022

Published on May 30, 2023

DP World cut direct carbon emissions from its global operations by 5 percent last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon neutral target. The ESG report, published today, demonstrates the company’s commitment to sustainable business practices, has been developed in accordance with the latest Global […]

Science-based targets for nature launched for businesses

Published on May 29, 2023

The Science Based Targets Network (SBTN) has released the first science-based targets for nature. The new framework enables companies to assess environmental impacts and then examine scientific pathways to address them. The original scope of the framework covers freshwater and land, alongside climate, which will be supported by the Science Based Targets initiative (SBTi). The […]

Masdar plans huge increase in clean energy capacity

Published on May 24, 2023

Abu Dhabi Future Energy Company (Masdar) has nearly doubled its clean energy capacity and CO2 displacement in the space of two years, and is on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW in 2022, generated 18,000 GWh of clean energy […]

Emirates NBD reinforces ESG commitment with new sustainability milestones

Published on May 10, 2023

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, is taking its commitment to sustainability to new heights. The bank has announced that four of its branches in the UAE and KSA have achieved LEED Platinum and LEED Gold certifications. The Emirates NBD Mall of the Emirates (MOE) […]

What green finance and carbon markets mean for the GCC

Published on April 4, 2023

The 28th edition of the Conference of Parties (Cop28) is fast approaching and the UAE, as the host nation, and the Middle East more generally are gearing up to show leadership and initiative in effectively tackling climate change issues. The key question is how Gulf states’ net-zero pledges will be put into action in the coming decade. A critical […]

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