Latest news with #ESGLabel
Mid East Info
25-06-2025
- Automotive
- Mid East Info
National Bank of Fujairah Recognised as ESG Leader with Prestigious Awards and Dubai Chamber Label - Middle East Business News and Information
Recognition highlights NBF's commitment to sustainability and responsible banking Dubai – June 2025 — The National Bank of Fujairah NBF is proud to announce that it has been recognised as an Environmental, Social, and Governance ESG leader, with wins at the 2025 MEA Business Achievement Awards. NBF received three prestigious awards in the Banking & Finance category in ESG Excellence, Outstanding Sustainability Initiative, and Outstanding Community Impact & Engagement. This underscores the bank's unwavering commitment to responsible banking and sustainable development. Additionally, NBF has been awarded the prestigious Dubai Chamber of Commerce ESG Label, further highlighting its dedication to ESG principles. These accolades reinforce NBF's position as a purpose-driven financial institution that places ESG and community engagement at the heart of its strategy. A testament to NBF's long-standing dedication to ESG principles, the awards and the ESG label recognise the bank's proactive role in fostering positive change within the communities it serves. From pioneering green finance solutions to running impactful community outreach programmes, NBF continues to lead by example in embedding sustainability into its core operations. The Dubai Chamber of Commerce ESG Label is a framework designed to help organisations assess their ESG maturity and reporting alignment. It provides a comprehensive assessment of an organisation's performance in key areas such as environmental impact, social responsibility, and governance practices. The label aims to promote transparency and accountability, encouraging organisations to adopt sustainable practices and contribute to the overall well-being of the community. NBF has been actively involved in various initiatives to promote sustainability and responsible banking. The bank's ESG agenda aligns with the sustainability pillars of the UAE's Ministry of Climate Change and Environment, and it actively supports the UAE Energy Strategy 2050 to transform the national economy, setting goals for 2030 and ambitions for 2050 to reach net zero. Efforts include offering innovative, environmentally friendly products and services such as green personal loans and automotive loans for owners of fuel-efficient, eco-friendly cars. The bank also invests in green initiatives to mitigate its own environmental impact, including the installation of solar water heaters and solar panels at its facilities. NBF continues to innovate and expand its offerings, remaining committed to delivering value-led, customer-first solutions. The bank's recent achievements and initiatives underscore its dedication to enhancing the customer experience and supporting sustainable development.
Yahoo
20-05-2025
- Business
- Yahoo
Hisense Awarded ESG Label by Dubai Chamber of Commerce for Commitment to Sustainable Growth
Recognition highlights Hisense's regional ESG leadership, operational transparency, and commitment to sustainable innovation DUBAI, UAE, May 20, 2025 /PRNewswire/ -- Hisense Middle East has been awarded the prestigious Dubai Chamber of Commerce ESG Label, in recognition of its outstanding efforts in embedding Environmental, Social, and Governance (ESG) practices into its regional operations. The accolade reflects Hisense's broader ambition to drive responsible growth, while aligning with global sustainability benchmarks and local regulatory standards. The Dubai Chamber of Commerce ESG Label is a developmental framework designed to help companies assess and improve their ESG performance while gaining recognition for their progress. Developed by the Chamber's Centre for Responsible Business, the Label serves as a catalyst for sustainable business growth and resilience across the UAE's private sector. With sustainability at the core of its global operations, Hisense has taken bold steps to reduce environmental impact, advance social equity, and promote good governance across every level of its business. This includes transforming production facilities to be more eco-conscious, developing energy-efficient products, and embedding ESG into business strategy. In the Middle East, Hisense continues to push for low-emission and environmentally responsible practices as part of its long-term vision to build a century-strong legacy powered by purpose. As part of its ongoing commitment to sustainability, Hisense Middle East undertook a detailed self-assessment through the ESG Label program in 2025. Jason Ou, President of Hisense Middle East and Africa, commented: "We are immensely proud to receive the ESG Label from the Dubai Chamber of Commerce which serves as a strong endorsement of our regional and global sustainability ambitions. At Hisense, ESG is not a buzzword, but a business imperative. This recognition reaffirms our belief that innovation and responsibility go hand in hand, and we remain committed to creating long-term value for our customers, employees, partners, and the communities we serve." Hisense continues to lead on multiple ESG fronts. In 2023, on a global level, the company reported 7,926.73 metric tons of CO₂ emissions, achieving a 14.36% reduction in carbon intensity compared to its baseline year. The company aims to cut carbon intensity by 40% by 2030 and include 50% of its suppliers in its emissions management system by 2025. Across product categories, Hisense has secured 5-star certifications for energy and water efficiency in the UAE, while simultaneously reducing raw material usage and increasing reliance on recycled and sustainable materials. From a social and governance perspective, Hisense Middle East upholds high employee satisfaction, ensures pay equity, and drives inclusive practices. The company maintains rigorous standards for ethics, health and safety, data privacy, and anti-competitive conduct. Hisense further solidifies its regional presence through its dedicated Research & Development (R&D) Centre in Dubai, which plays a key role in local product innovation and market-specific solutions, reinforcing the brand's strategy of combining global expertise with local relevance. The ESG Label recognition is a testament to Hisense's mission to integrate sustainability across all aspects of its business, helping shape a better, more responsible future for generations to come. As a brand driven by the philosophy of "Technology for Good, Business for Good," Hisense remains committed to shaping a more sustainable, equitable future for all. For more information, please visit About Hisense Hisense, founded in 1969, is a globally recognised leader in home appliances and consumer electronics with operations in over 160 countries, specialising in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 2 worldwide in total TV shipments (2022-2024) and No. 1 globally in the 100-inch and over TV segment (2023-2024). As the first official partner of the FIFA Club World Cup 2025™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide. With 34 industrial parks, 30 R&D centres and 66 overseas companies, Hisense continues to lead the industry with a diverse range of products. With regional headquarters in Dubai, UAE, and 5 offices across the MENA region, Hisense ensures efficient manufacturing, innovation, and distribution, to meet the evolving needs of consumers in the market. Stay updated with all the latest developments on the website: For media inquiries, please contact hisense@ Photo: View original content to download multimedia: SOURCE Hisense Middle East Sign in to access your portfolio
Hi Dubai
02-04-2025
- Business
- Hi Dubai
Dubai Chamber of Commerce Highlights ESG Reporting in Virtual Workshop
Dubai Chamber of Commerce, part of Dubai Chambers, recently hosted a virtual workshop on sustainability reporting, emphasizing its critical role in fostering transparency around Environmental, Social, and Governance (ESG) standards. The session underscored how effective ESG reporting enhances investor confidence, strengthens consumer trust, and ensures regulatory compliance. Organized by the chamber's Centre for Responsible Business, the event drew 147 private sector representatives. Discussions centered on how sustainability reporting enables businesses to showcase ESG performance, manage risks, and engage stakeholders more effectively. Attendees also explored how robust reporting frameworks contribute to long-term value creation and help businesses stay competitive in a rapidly evolving regulatory landscape. The workshop featured an overview of the Dubai Chamber of Commerce ESG Label, launched last year by the Centre for Responsible Business. This initiative supports companies in assessing their ESG maturity, gaining industry recognition, and driving business growth. A key highlight was a presentation by the United Nations Global Compact UAE Chapter on its principles and reporting framework, offering insights into aligning corporate practices with global sustainability standards. Additionally, a case study from Transworld Group showcased the successful adoption of Global Reporting Initiative (GRI) standards, providing practical strategies for comprehensive sustainability reporting. Since its inception, the Centre for Responsible Business has been instrumental in promoting responsible business practices across Dubai. Committed to advancing ESG excellence, the centre offers a range of tools, knowledge resources, and platforms to help companies integrate sustainability and governance into their operations, enhancing their market position and broader societal contributions. News Source: Emirates News Agency
Mid East Info
28-03-2025
- Business
- Mid East Info
Dubai Chamber of Commerce organises workshop to highlight importance of sustainability reporting - Middle East Business News and Information
Session attracted 147 participants from private sector companies Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised a virtual workshop on sustainability reports. The online session highlighted the important role played by sustainability reporting in enhancing transparency surrounding Environmental, Social, and Governance (ESG) standards for investors, consumers, and regulatory bodies. Organised by the chamber's Centre for Responsible Business, the workshop attracted the participation of 147 representatives from private sector companies. The session explored how sustainability reporting serves as a vital tool that enables businesses to demonstrate their ESG performance, manage risks, and effectively engage with stakeholders. Participants also discussed how robust reporting can help companies drive long-term value creation and maintain their competitiveness in a rapidly evolving regulatory and market environment. The workshop provided an overview of the objectives and standards of the Dubai Chamber of Commerce ESG Label, which was launched last year by the Centre for Responsible Business. The initiative is designed to help companies and organisations evaluate their ESG readiness and maturity levels, gain recognition for their efforts, and foster business growth. The session featured a presentation by the United Nations Global Compact UAE Chapter on its principles and reporting framework, providing valuable insights into aligning business operations with global sustainability standards. In addition, attendees examined a case study from Transworld Group on adopting the Global Reporting Initiative (GRI) standards in preparing a comprehensive sustainability report, highlighting practical strategies and real-world examples of successful sustainability reporting. Since its establishment, Dubai Chamber of Commerce's Centre for Responsible Business plays a pivotal role in promoting responsible and sustainable business practices in the emirate. The centre remains committed to supporting and encouraging companies to adopt best practices in ESG to enhance their performance, increase competitiveness, and enrich their social and environmental contributions. The centre provides a range of platforms and tools, as well as access to knowledge and expertise, to help companies embed governance, sustainability, and social responsibility throughout their operations. About Dubai Chamber of Commerce: Established in 1965, Dubai Chamber of Commerce continues to represent, support, and protect the interests of the business community in Dubai, create a stimulating business environment, and promote the emirate as a global business hub. The chamber is one of three chambers operating under the umbrella of Dubai Chambers, which was restructured under a decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Zawya
28-03-2025
- Business
- Zawya
Dubai Chamber of Commerce organises workshop to highlight importance of sustainability reporting
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised a virtual workshop on sustainability reports. The online session highlighted the important role played by sustainability reporting in enhancing transparency surrounding Environmental, Social, and Governance (ESG) standards for investors, consumers, and regulatory bodies. Organised by the chamber's Centre for Responsible Business, the workshop attracted the participation of 147 representatives from private sector companies. The session explored how sustainability reporting serves as a vital tool that enables businesses to demonstrate their ESG performance, manage risks, and effectively engage with stakeholders. Participants also discussed how robust reporting can help companies drive long-term value creation and maintain their competitiveness in a rapidly evolving regulatory and market environment. The workshop provided an overview of the objectives and standards of the Dubai Chamber of Commerce ESG Label, which was launched last year by the Centre for Responsible Business. The initiative is designed to help companies and organisations evaluate their ESG readiness and maturity levels, gain recognition for their efforts, and foster business growth. The session featured a presentation by the United Nations Global Compact UAE Chapter on its principles and reporting framework, providing valuable insights into aligning business operations with global sustainability standards. In addition, attendees examined a case study from Transworld Group on adopting the Global Reporting Initiative (GRI) standards in preparing a comprehensive sustainability report, highlighting practical strategies and real-world examples of successful sustainability reporting. Since its establishment, Dubai Chamber of Commerce's Centre for Responsible Business plays a pivotal role in promoting responsible and sustainable business practices in the emirate. The centre remains committed to supporting and encouraging companies to adopt best practices in ESG to enhance their performance, increase competitiveness, and enrich their social and environmental contributions. The centre provides a range of platforms and tools, as well as access to knowledge and expertise, to help companies embed governance, sustainability, and social responsibility throughout their operations. About Dubai Chamber of Commerce: Established in 1965, Dubai Chamber of Commerce continues to represent, support, and protect the interests of the business community in Dubai, create a stimulating business environment, and promote the emirate as a global business hub. The chamber is one of three chambers operating under the umbrella of Dubai Chambers, which was restructured under a decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
