The UAE Ministry of Climate Change & Environment (MoCCAE) has announced that 21 companies in the UAE have committed to its Climate-Responsible Companies Pledge.
Signatories include stakeholders from energy-intensive sectors such as steel, cement and aluminium.
The companies have pledged to combat climate change by measuring and reporting their greenhouse gas (GHG) emissions transparently, developing science-based plans to reduce their carbon footprint, and sharing these plans with the UAE government to contribute to net zero-by-2050 targets.
According to MoCCAE, the pledge is designed to increase the engagement of the private sector in the country’s decarbonisation efforts.
The companies include:
- Emirates Nature-WWF
- Majid al-Futtaim Group
- Standard Chartered Bank
- Emirates Global Aluminium
- Emirates Steel Arkan Group
- Aldar Properties
- Emirates Environmental Group
- Al-Yah Satellite Communications Company (Yahsat)
- Chalhoub Group
- Pure Harvest
- Taka Solutions
- Lafarge Emirates Cement
- EV Lab
The signatories have further pledged to factor in climate change mitigation and adaptation as core values and principles of their businesses and operational models.
They will also adopt an all-inclusive approach that engages youth, women and vulnerable segments of society in developing their net-zero plans.
The launch of the UAE Climate-Responsible Companies Pledge was part of the fourth instalment of the National Dialogue for Climate Ambition (NDCA), a series of sector-specific assemblies aimed at establishing a national sustainability outlook and informing the country’s pursuit of climate neutrality.
The fourth NDCA took place under the theme’ Roadmap to achieve net zero in the hospitality sector’.
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