Dubai Investments Unveils 2024 ESG Achievements
Dubai Investments PJSC has released its 2024 ESG Report, highlighting significant strides in sustainability and innovation.
Summary
Dubai Investments PJSC's 2024 ESG Report showcases progress in sustainability, focusing on clean energy, workforce development, and community initiatives.
Dubai Investments PJSC, a major player on the Dubai Financial Market, has released its 2024 Environmental, Social, and Governance (ESG) Report, themed Resilient Futures – Advancing Sustainability Through Innovation and Collaboration. This comprehensive report underscores the company's commitment to sustainable growth, aligning with both international and national standards, including GRI and the UAE's sustainability vision.
The report highlights Dubai Investments' efforts across 12 wholly owned subsidiaries, emphasizing clean energy, operational efficiency, workforce development, and community initiatives. A notable milestone is the commissioning of a 1.2 MW rooftop solar system at the Ritaj community, which now supplies nearly 30% of its energy needs through renewable sources. Additionally, subsidiaries like Emirates Float Glass and Emirates Extrusion Factory have made significant strides in energy efficiency and resource reuse.
Human capital development remains a core focus, with over 2,700 employees participating in more than 9,600 hours of training. This initiative spans leadership, technical, and sustainability topics, fostering a culture of continuous growth. The company's Emiratisation agenda and commitment to occupational health and safety are also noteworthy, with full coverage and zero fatalities reported.
Community engagement initiatives such as the Green Run and school supply campaigns further illustrate Dubai Investments' dedication to societal well-being. These efforts are guided by strong corporate governance and a diverse Board of Directors, ensuring that ESG principles are embedded at every level of decision-making.
Given the company's robust ESG strategy and its alignment with global sustainability standards, investors may find Dubai Investments an attractive proposition for long-term growth. The focus on innovation and collaboration positions the company well for future resilience and success. Therefore, considering the company's current trajectory and sustainability commitments, the suggestion is to buy the instrument.
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Summary
Dubai Investments, a diversified investment company listed on the Dubai Financial Market, released its 2024 ESG Report titled "Resilient Futures – Advancing Sustainability Through Innovation and Collaboration." The report showcases progress in clean energy, operational efficiency, workforce development, and community initiatives across its 12 subsidiaries. It aligns with international and national standards such as GRI, DFM ESG Indicators, and UAE’s sustainability vision. The company emphasizes strong corporate governance, ethical conduct, and transparency. Key achievements include a 1.2 MW rooftop solar system at Ritaj community, energy efficiency improvements at Emirates Float Glass, and 100% aluminum scrap reuse at Emirates Extrusion Factory. Water conservation efforts and human capital development, with extensive employee training and career development, were also highlighted. Community engagement initiatives included the Green Run and school supply campaigns.
