#Sustainability

Relief, Recovery and Peace Day

UAE to introduce ‘Relief, Recovery and Peace Day’ during COP28

The UAE Minister of Climate Change and Environment chaired the event, which examined the impact of climate change on the responsibilities and operations of UN peacekeeping and special political missions

Commercial Bank of Dubai green bonds issuance

Commercial Bank of Dubai raises $500m from debut green bonds

The proceeds from debut green bonds will be used to finance projects eligible under CBD’s Sustainable Financing Framework

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia will lead the waste management operations, leveraging its comprehensive expertise in hazardous waste treatment chain

Ministry of Energy & Kazakh MoE, ACWA Power Roadmap Signing Image credit ACWA Power

Saudi’s ACWA Power sets roadmap for $1.5bn wind energy project in Kazakhstan

With the head of terms agreement announced earlier this year, the 1GW wind project represents ACWA Power’s entry into Kazakhstan

Ecity - Cartlow sign agreement Image credit Cartlow

Cartlow, E-City launch sustainable device subscription programme

The initiative provides customers with affordable and convenient options to prolong the life cycle of their devices and reduce electronic waste

UAE carbon alliance launches Image Credit Getty Images

UAE Carbon Alliance launches; founding members include FAB, TAQA, ACX, Masdar

The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market

sustainable broadband

UAE consumers prioritise sustainable broadband, 92% open to paying more

The Cisco Broadband Survey highlights the growing environmental awareness among UAE consumers

ETF ESG

Are ESG-themed ETFs losing steam?

Data shows that ETF issuers are losing tolerance for ESG as closures surge

UAE SCA to-waive-fees-for-firms-listing-green-bonds-sukuk-in-2023-Getty Images-1061630236.jpg

Registration fee waiver for firms listing green bond, sukuk in local market: SCA

The SCA board approved the decision to exempt the fee for this year for companies planning to list their sustainability-linked bond or sukuk

UAE Egypt sign deal to build 10GW_wind farm Image Masdar

UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030

Red Sea Global partanna image- Red Sea Global

Saudi’s Red Sea Global, Partanna project to use carbon-negative concrete

Partanna, which uses recycled ocean water brine in its carbon-negative concrete, will supply Red Sea Global with 11,000 carbon-negative pavers initially for its landscape nursery

healthcare systems

Preserving health and planet: The imperative of sustainable healthcare systems

The interconnection between sustainability and climate change in the healthcare sector is crucial for safeguarding the future of both our planet and the human race

Eugene Willemsen pepsico_CEO AMESA on ensuring packaging doesnt enter landfills Image PepsiCo

Insights: Building a world where packaging never becomes waste

Investing in sustainable packaging alternatives needs to go hand in hand with waste management efforts to improve collection and recycling infrastructure

Emirates to recycle onboard items as part of its new closed loop recycling initiative Image credit Emirates

Emirates to recycle plastic trays, items used onboard into new products

The airline has launched a new closed-loop recycling initiative, which will see millions of onboard items recycled in a local facility into fresh, ready-to-use products

UAE launches nationwide sustainability awareness campaign Image: Credit Getty Images

COP 28: New national campaign launches to raise sustainability awareness

The campaign aims to spread awareness about UAE’s environmental sustainability issues, encourage community engagement and support climate action strategies ahead of COP28

Charles Mellagui of Ducab Sustainability in the Fourth Industrial Revolution

Insights: Sustainability in the Fourth Industrial Revolution

Industry 4.0 can help manufacturing companies achieve their sustainability goals by improving operating efficiency, optimising cost, and eliminating sustainability issues right at the point of product design

Beeah ISWA Roland Berger standard for recycling image ISWA Roland Berger

COP28: BEEAH, ISWA, Roland Berger to develop first certified global standard for recycling credits

Using blockchain technology, the new standard will authenticate and incentivise recycling activity globally, helping companies receive recycling credits and achieve sustainability targets

emirates steel arkan DNV to boost decarbonisation through five-year collaboration Image credit emirates steel arkan

Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration

RTA reveals net zero operations plan image RTA

Here’s how Dubai’s RTA will transition to zero-emission operations by 2050

The strategy will help reduce carbon dioxide emissions by 10 million tonnes and contribute to financial savings worth Dhs3.3bn in comparison to current operations

Tadweer kaunches new electric waste lorry image wam

Abu Dhabi’s Tadweer introduces first fully electric waste-collection truck

The truck will be used to collect household waste in the emirate

force for good

The social side of sustainability: How businesses can be a force for good

Here’s the 5-step ‘Force for Good’ model that can ensure that the social sustainability initiatives are well poised to create deep and meaningful impact

Majid Al Futtaim issues sukuk

UAE’s Majid Al Futtaim issues $500m green sukuk

The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024

Empower plant Image WAM-e1684523583814

Empower launches new plans, policies to drive sustainable operations

Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations

Azulik AlUla resort image courtesy RCU

Saudi Arabia’s RCU to open AZULIK AlUla, a new eco-luxury resort

The eco-luxury resort, which will feature 76 villas, is scheduled to be launched by 2027

PwC Middle East

Middle East companies call for new green deal ahead of COP28, says PwC

The auditing firm said businesses in the region are increasingly transparent about their environmental impact, with 70 per cent reporting on their ESG impact

UAE issues decree to regulate use of HFCs-e1622023668811

UAE issues decree regulating use of hydrofluorocarbons

The decree is a significant step in the UAE’s endeavour to uphold its obligations towards climate change mitigation and curbing harmful emissions

Snack

Introducing the snack bag of the future

Snack companies are looking at alternative packaging materials due to consumer demand and potential regulations

Emirates Development Bank joins IRENA's AFID

Emirates Development Bank joins IRENA’s Alliance for Industry Decarbonization

Emirates Development Bank will showcase its flexible financial solutions to support companies operating within the renewables sector

Emirates installation at Expo 2020 Dubai (Image: Supplied by Emirates)

Emirates unveils $200m aviation sustainability fund

The amount, disbursed over three years, will support R&D on projects aimed at reducing the impact of fossil fuels in commercial aviation

Sustainable Energy

Here are some ways to reduce carbon emissions with sustainable energy

Adopting energy-efficient strategies that reduce the demand and greening the current energy supply is key, says Pierre Cheyron