logo
#

Latest news with #ImpactSeal

MAJRA – National CSR Fund reviews key community initiatives and approves new frameworks to enhance corporate social responsibility in UAE
MAJRA – National CSR Fund reviews key community initiatives and approves new frameworks to enhance corporate social responsibility in UAE

Web Release

time30-04-2025

  • Business
  • Web Release

MAJRA – National CSR Fund reviews key community initiatives and approves new frameworks to enhance corporate social responsibility in UAE

By Editor_wr Last updated Apr 30, 2025 MAJRA – National CSR Fund held its second Policies and Strategies Committee meeting for 2025 to explore ways to advance the UAE's sustainable development goals through enhanced cross-sector collaboration and the rollout of new tools and frameworks to drive national impact. The meeting was Chaired by H.E Mubarak Al Nakhi, Undersecretary of the Ministry of Culture, and Head of the Policies and Strategies Committee, and attended by H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, and the Deputy of the Policies and Strategies Committee; Bedour Saeed Al Raqbani, Board Member of American University of Sharjah; H.E. Abdulaziz Al Jaziri, Deputy CEO of Dubai Future Foundation and Sarah Shaw, CEO of Majra – National CSR Fund. The meeting reviewed key ongoing initiatives and approved several tools designed to streamline sustainable project qualification and verification processes. It also placed a major emphasis on increasing private sector engagement in the fund's initiatives, validating project assessment mechanisms, and introducing new initiatives such as the Impact Index. It also addressed the 'Transformational Projects Framework', which is being developed by the Emirati committees for social responsibility and sustainability, chaired by the chambers of commerce and industry in each emirate. The strategy formulated as a part of the Impact Retreat held in November 2024 was also reviewed, and strategic initiatives aligning with the UAE's vision to enhance social sustainability, were launched. H.E. Mubarak Al Nakhi said, 'Inspired by the insightful vision of the UAE's wise leadership and in accordance with their forward-looking directives, we are creating a roadmap to build a more sustainable and prosperous future by strengthening the private sector's corporate social responsibility framework. We also hope to enhance sustainable impact and expand the participation of private sector institutions in light of global changes and best international practices, further building upon the achievements of Majra's key initiatives like 'Impact Seal', 'MAJRA Council', and 'Impact Index'. Sarah Shaw, CEO of Majra, said: 'Majra is responsible for providing the necessary frameworks and enablers to enhance the contribution of the private sector in shaping the UAE's sustainable future, while embedding social responsibility and sustainable impact as cornerstones of the institutional work system. Furthermore, we remain steadfast in our efforts to establish a robust foundation for collaborations, and sustainable impact, by supporting the approved projects and activating the reference frameworks specified under the impact index.' The committee further reviewed updates to the Sustainable Impact Challenge, including the integration of the Majra Entity Portal and the launch of new award categories within the challenge. These updates aim at expanding outreach and encouraging broader participation from businesses and organisations across the UAE in this challenge, which was launched during the fourth edition of Investopia 2025. The meeting also reviewed the roadmap of the Impact Index, a national benchmarking tool designed to measure CSR, ESG, and sustainability performance in the private sector. It also facilitates data collection, in line with national and international frameworks, such as the SDGs, Dow Jones Sustainability Index, and MSCI. Currently, Majra is preparing the first report, set to be released in early 2026, in collaboration with the Federal Competitiveness and Statistics Centre, as well as other international organisations. At the end of the meeting, committee members reaffirmed their commitment to advancing Majra's strategic vision by endorsing mechanisms that promote transparency, inclusivity, and long-term impact across all initiatives and programmes. Comments are closed.

Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025
Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025

Mid East Info

time05-03-2025

  • Business
  • Mid East Info

Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025

>> Bin Touq: 'MAJRA continues its initiatives to stimulate CSR practices and increase private sector contribution by supporting projects aimed at enhancing sustainable social impact. Dubai, March, 2025: MAJRA – National CSR Fund convened its first Board of Trustees meeting for 2025, chaired by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Board, to discuss and review the developments and plans implemented during the past year. The meeting outlined strategic objectives, targets, and new working mechanisms for 2025. Additionally, it highlighted the key initiatives and decisions implemented across all areas of operations aimed at strengthening corporate social responsibility (CSR) in the UAE. H.E. Abdulla bin Touq Al Marri said: 'The UAE is committed to fostering a sustainable future through collaboration, innovation, and technological advancement. Under the visionary guidance of our wise leadership, the country continues to make significant strides towards a prosperous future while also supporting CSR practices and fostering private sector participation and contributions. The first meeting of the Board of Trustees this year marks an important step in our collective journey, reinforcing our dedication to achieving national objectives and fostering partnerships between the public and private sectors, in accordance with the 'We the UAE 2031' vision.' The meeting witnessed the presence of H.E. Hessa Bint Essa Buhumaid, Director-General of the Community Development Authority (CDA), and His Excellency Abdullah Al Saleh, the Undersecretary of the Ministry of Economy and Vice Chairman of the Board of Trustees. Other notable participants were – H.E. Mubarak Al Nakhi, Undersecretary of the Ministry of Culture; Aisha Ahmed Yousuf, Undersecretary of the Ministry of Community Empowerment; H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre; H.E. Osama Amir Fadhel, Assistant Undersecretary of Industry Accelerators at the Ministry of Industry and Advanced Technology. Additionally, H.E. Salama Al Ameemi, Director General of the Family Care Authority; H.E. Abdulaziz Khalid Al Jaziri, Deputy CEO and Chief Operation Officer at Dubai Future Foundation; Mariam Al Qassab, Director of the CEO Office at Sharjah Book Authority; Ms. Bedour Al Raqbani, Board Member of American University of Sharjah, Dr. Mariam Al Suwaidi and Sarah Shaw, Executive Director of MAJRA – National CSR Fund, also attended the meeting. The session discussed the proposed plans and initiatives that support the Fund's objectives while meeting ESG standards and provided a comprehensive review of the Fund's achievements in 2024, highlighting key action plans, initiatives, and phases that drove positive outcomes at institutional, community, and national levels. Among the topics discussed were the Fund's strategic partnerships and private sector initiatives, as well as decisions related to the second edition of 'Impact Seal' and the evaluation mechanisms. Additionally, the meeting reviewed the outputs of the previous year's Impact Retreat, the Youth Portfolio, and the Sustainable Impact Committees. Sarah Shaw, Executive Director of MAJRA, emphasised the Fund's pivotal role in advancing societal progress, particularly through youth-driven initiatives that build the younger generation's skills and foster their increased participation in CSR projects. She also said that Majra seeks to develop programs and events that urge private sector companies to formulate strategies and initiatives benefitting society and the country. She added: 'This meeting is a key milestone in our strategy to support national efforts and promote social responsibility within private sector companies. By reviewing our achievements and aligning future initiatives with national priorities, we aim to launch more innovative programs and adopt new mechanisms to promote sustainable development, while also enhancing private sector engagement and strengthening the Fund's contributions to societal progress. Through these efforts, we hope to further cement the Fund's role as a federal body that supports sustainable projects and delivers tangible social impact.' At the conclusion of the meeting, board members reaffirmed their commitment to MAJRA's strategic plans and goals, recognising the importance of channelling private sector contributions towards projects that align with national priorities. They also underscored the significance of promoting CSR initiatives and establishing the UAE's leadership in social responsibility.

Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025
Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025

Zawya

time05-03-2025

  • Business
  • Zawya

Board of Trustees at MAJRA reviews previous year's achievements and outcomes during its first meeting in 2025

Dubai: MAJRA - National CSR Fund convened its first Board of Trustees meeting for 2025, chaired by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Board, to discuss and review the developments and plans implemented during the past year. The meeting outlined strategic objectives, targets, and new working mechanisms for 2025. Additionally, it highlighted the key initiatives and decisions implemented across all areas of operations aimed at strengthening corporate social responsibility (CSR) in the UAE. H.E. Abdulla bin Touq Al Marri said: 'The UAE is committed to fostering a sustainable future through collaboration, innovation, and technological advancement. Under the visionary guidance of our wise leadership, the country continues to make significant strides towards a prosperous future while also supporting CSR practices and fostering private sector participation and contributions. The first meeting of the Board of Trustees this year marks an important step in our collective journey, reinforcing our dedication to achieving national objectives and fostering partnerships between the public and private sectors, in accordance with the 'We the UAE 2031' vision.' The meeting witnessed the presence of H.E. Hessa Bint Essa Buhumaid, Director-General of the Community Development Authority (CDA), and His Excellency Abdullah Al Saleh, the Undersecretary of the Ministry of Economy and Vice Chairman of the Board of Trustees. Other notable participants were – H.E. Mubarak Al Nakhi, Undersecretary of the Ministry of Culture; Aisha Ahmed Yousuf, Undersecretary of the Ministry of Community Empowerment; H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre; H.E. Osama Amir Fadhel, Assistant Undersecretary of Industry Accelerators at the Ministry of Industry and Advanced Technology. Additionally, H.E. Salama Al Ameemi, Director General of the Family Care Authority; H.E. Abdulaziz Khalid Al Jaziri, Deputy CEO and Chief Operation Officer at Dubai Future Foundation; Mariam Al Qassab, Director of the CEO Office at Sharjah Book Authority; Ms. Bedour Al Raqbani, Board Member of American University of Sharjah, Dr. Mariam Al Suwaidi and Sarah Shaw, Executive Director of MAJRA - National CSR Fund, also attended the meeting. The session discussed the proposed plans and initiatives that support the Fund's objectives while meeting ESG standards and provided a comprehensive review of the Fund's achievements in 2024, highlighting key action plans, initiatives, and phases that drove positive outcomes at institutional, community, and national levels. Among the topics discussed were the Fund's strategic partnerships and private sector initiatives, as well as decisions related to the second edition of 'Impact Seal' and the evaluation mechanisms. Additionally, the meeting reviewed the outputs of the previous year's Impact Retreat, the Youth Portfolio, and the Sustainable Impact Committees. Sarah Shaw, Executive Director of MAJRA, emphasised the Fund's pivotal role in advancing societal progress, particularly through youth-driven initiatives that build the younger generation's skills and foster their increased participation in CSR projects. She also said that Majra seeks to develop programs and events that urge private sector companies to formulate strategies and initiatives benefitting society and the country. She added: 'This meeting is a key milestone in our strategy to support national efforts and promote social responsibility within private sector companies. By reviewing our achievements and aligning future initiatives with national priorities, we aim to launch more innovative programs and adopt new mechanisms to promote sustainable development, while also enhancing private sector engagement and strengthening the Fund's contributions to societal progress. Through these efforts, we hope to further cement the Fund's role as a federal body that supports sustainable projects and delivers tangible social impact.' At the conclusion of the meeting, board members reaffirmed their commitment to MAJRA's strategic plans and goals, recognising the importance of channelling private sector contributions towards projects that align with national priorities. They also underscored the significance of promoting CSR initiatives and establishing the UAE's leadership in social responsibility. For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:

National CSR Fund – MAJRA plants 8,200 mangroves in Jebel Ali Marine Sanctuary - Middle East Business News and Information
National CSR Fund – MAJRA plants 8,200 mangroves in Jebel Ali Marine Sanctuary - Middle East Business News and Information

Mid East Info

time27-01-2025

  • General
  • Mid East Info

National CSR Fund – MAJRA plants 8,200 mangroves in Jebel Ali Marine Sanctuary - Middle East Business News and Information

In a move to promote environmental responsibility in the UAE and to offset carbon footprint of the 'Impact Retreat' The sapling planting initiative facilitated a count of 82 trees per person, which will offset the 'Impact Retreat' participants' combined carbon footprint until June 2025. UAE, January, 2025: Majra National CSR Fund –planted 8,200 mangrove saplings in Jebel Ali Marine Sanctuary, to offset the carbon footprint generated by its recent 'Impact Retreat', highlighting its commitment towards environmental responsibility in the UAE and community collaboration. The exceptional move, inspired by the World Bank data report stating that a person should plant 164 trees a year to offset their minimum carbon footprint, aims to foster a sense of accountability for the institutions and private sector and promote the adoption of sustainable practices when conducting in-person gatherings, which contribute to supporting the achievement of economic and social development The initiative commenced with the gathering of participants at the Jebel Ali Marine Sanctuary, where they attended an environmental awareness session, exploring the role of mangroves in combating climate change, protecting coastlines and supporting biodiversity. After the session, attendees planted the saplings at the planting site, which served as an important team-building exercise for reinforcing the shared values of sustainability and conservation. They also participated in a team challenge to learn about local marine biodiversity. Majra's Director, Sarah Shaw stated: 'At Majra, we actively strive to fulfil our commitments by implementing proactive measures, to achieve the UAE's vision of promoting environmental responsibility and supporting sustainability. The sapling planting initiative facilitated a count of 82 trees per person, which will offset the 'Impact Retreat' participants' combined carbon footprint until June 2025. The event, while marking a great start to 2025, also inspires the institutions and the private sector to drive more sustainable impact throughout the year and beyond.' Majra's 'Impact Retreat' aimed to increase the private sector to contribute to national priority projects which are developed in cooperation and coordination with government leaders, civil society organizations, and specialists in the field of social responsibility practices, and sustainability in private companies awarded the Impact Seal. This commitment seamlessly aligns with the UAE's environmental, social, economic and governance indicator goals as well as the nation's broader sustainable development strategy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store