Dubai Investments drives inclusive, low-carbon growth in 2024 ESG Report
Dubai, UAE – Dubai Investments, the diversified investment company listed on the Dubai Financial Market, has released its 2024 ESG Report under the theme 'Resilient Futures – Advancing Sustainability Through Innovation and Collaboration.' The report highlights measurable progress across clean energy, operational efficiency, workforce development, and community initiatives, with expanded coverage across 12 wholly owned subsidiaries.
The 2024 ESG Report affirms Dubai Investments' alignment with international and national standards, including GRI, DFM ESG Indicators, and the UAE's sustainability vision. As the Group looks ahead, its strategy remains rooted in transparency, measurable impact, and long-term resilience—driven by innovation and collaborative action.
'At the foundation of this progress lies strong corporate governance, which continues to guide our sustainability agenda,' said Mohammed Saeed Al Raqbani, Head of Sustainability Committee at Dubai Investments. 'With oversight from an experienced and diverse Board of Directors, the Group is embedding ESG principles at every level of decision-making. In 2024, Dubai Investments reinforced its commitment to ethical conduct, risk oversight, and regulatory compliance—ensuring that resilience, transparency, and accountability remain central to the Group's long-term strategy.'
Accelerating its transition toward a low-carbon future, Dubai Investments commissioned a 1.2 MW rooftop solar system at the Ritaj community, now supplying nearly 30% of its energy needs through renewables. Emirates Float Glass improved energy efficiency through targeted operational enhancements, while Emirates Extrusion Factory achieved 100% aluminium scrap reuse and implemented eco-efficient coating technologies. Group-wide efforts in water conservation advanced, with subsidiaries expanding reuse and treatment systems to reduce consumption and protect local ecosystems.
Human capital development remained a core ESG pillar in 2024. Over 2,700 employees participated in 9,600+ hours of training, spanning leadership, technical, and sustainability topics. Career development reviews achieved 100% coverage, reinforcing a culture of continuous growth. The Group advanced its Emiratisation agenda and also maintained full occupational health and safety coverage with zero fatalities reported. Community engagement also saw momentum through initiatives like the Green Run, school supply campaigns, and fertility awareness drives.
To explore the full report, visit: https://www.dubaiinvestments.com/Media/0d5k3agm/di-esg-report-2024-en.pdf
Dubai Investments PJSC
Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,956 shareholders, a paid-up capital of AED 4.25 billion and total assets worth more than AED 22 billion, the Group applies insight and experience to expand
and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services. The Group's diverse portfolio consists of wholly and partly owned companies and reflects the Company's continued focus on business diversification to drive growth in line with evolving industry trends.
Focused on leveraging strengths with an interest in establishing existing and new business opportunities with a long-term, strategic and creative approach and with an emphasis on sustainable returns and capital growth, Dubai Investments collaborates on investment strategies meeting the changing needs of the economy and the societies in which it operates. Complementing the strategic objectives and creating value for stakeholders, the Group pursues growth through mergers and acquisitions and business expansions. To know more visit - www.dubaiinvestments.com .
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 days ago
- Zawya
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA - Media OutReach Newswire - 6 June 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025–2029. By 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per year. Over the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024. "Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing," said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. "That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy." Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in Russia. In the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production site. By 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million trees. The new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working mothers. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement. SIBUR
Al Etihad
4 days ago
- Al Etihad
UAE stock markets consolidate ahead of 4-day Eid-break
4 June 2025 22:07 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets consolidated gains on Wednesday ahead of the upcoming four-day Eid Al Adha Abu Dhabi Securities Exchange (ADX) recorded its second consecutive session of gains, with its general index (FADGI) rising by 0.449% to close at 9,734.99. A total of 25,971 trades were executed, involving 373 million shares with a combined value of Dh1.443 total market capitalisation of all companies listed on the ADX stood at Dh3.003 trillion, a milestone it had crossed earlier this week for the second Dhabi Islamic Bank led the rally with a 2.43% gain, followed by First Abu Dhabi Bank with a 2.13% rise and ADNOC Gas with a 0.92% top gainers on the ADX included E7W Warrants (+14.92%), Fujairah Cement (+14.88%), and Abu Dhabi Ship Building (+13.47%). Notable decliners were National Bank of Fujairah (-9.52%), Eshraq Investments (-4.42%), and Finance House (-4.35%).Shares of Abu Dhabi Ship Building surged after it secured a Dh7 billion contract from its shareholder EDGE Group for the supply of missile boats to the Kuwait Naval Forces. DFMThe Dubai Financial Market's general index (DFMGI) rose by 0.255% to close at 5,535.93 points. The index has posted annual gains every year since 2021, climbing 27% last year and up 7% so far in 2025. A total of 18,583 trades were executed on the DFM, involving 389 million shares with a combined value of Dh930 million. Share prices of 20 companies rose, 24 declined, and 10 remained the top gainers were Amlak Finance (+14.58%), Dubai Refreshment (+13.07%), and Dubai Financial Market (+5.96). On the losing side, Al Mazaya Holding fell by 7.14%, followed by National Cement (-2.70%), Emaar Development (-2.62%), and Tabreed (-2.53%). Amlak Finance drove the day's performance on the DFM, emerging as the most actively traded stock in terms of both value and volume. Source: Aletihad - Abu Dhabi
Zawya
4 days ago
- Zawya
Dubai party hotel FIVE considers listing in London or New York
Dubai party hotel operator FIVE Holdings is considering listing in London or New York, three people with knowledge of the matter said. The company, which owns the Pacha hotel and nightclub, has been exploring an initial public offering in Dubai, it has said. Chairman and founder Kabir Mulchandani said last year the company was worth up to $3 billion and was considering a dual listing. He did not name possible locations. London could be a strong candidate given a majority of clients at FIVE's Ibiza clubs are British nationals and that business generates significant revenues for the group, one of the people said. An offering would be a boost for London, which has struggled to attract IPOs. FIVE did not respond to requests for comment. Dubai is the biggest tourism and trade hub in the Middle East, attracting a record 18.7 million international overnight visitors last year. Foreign investors accounted for 50% of the total trading value on the Dubai Financial Market exchange last year, exchange data showed. The company and its advisers are planning to start the listing process by the end of the year, two of the people said. The three people spoke on condition of anonymity because they were not authorised to speak publicly. FIVE operates luxury hotels in Ibiza and Switzerland as well as owning one of Dubai's biggest party hotels, where guests can park their top-of-the-range sports cars inside a nightclub for Dhs10,000 ($2,723). Guests can also rent its 16-passenger private jet for $14,000 an hour. This year's market volatility, triggered by U.S. President Donald Trump's policies, has weighed on global IPO activity, but the Gulf region has bucked the trend as both Saudi Arabia and the UAE have forged ahead with listing plans. They include Saudi budget airline flynas, which is seeking to raise over $1 billion, and Dubai Holding's residential REIT, whose shares rose almost 15% during its debut on Wednesday. (Reporting by Hadeel Al Sayegh, Federico Maccioni in Dubai. Additonal reporting Charlie Conchie in London. Editing Anousha Sakoui and Barbara Lewis)
