Twenty-seven companies in Dubai have been awarded the Dubai Chamber of Commerce’s Environmental, Social, and Governance (ESG) Label, it was announced this week.
The Label, launched in August and developed by the chamber’s Centre for Responsible Business, was designed to help organisations evaluate their ESG readiness and maturity levels and promote sustainable business practices.
Among the 27 recipients of the Label are organisations such as ADNOC Distribution, ALEC Engineering and Contracting, Aramex, Bidfood Middle East, Canon Middle East, Chalhoub Group, DP World, Empower, and others.
“The Dubai Chamber of Commerce ESG Label is designed to encourage the business community to adopt and develop practices that have a positive impact on society and the environment, as well as promote good governance, by recognising participants’ efforts to advance sustainability,” commented Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers.
According to the Chamber, one of three chambers operating under the umbrella of Dubai Chambers, organisations of all sizes that have been established for at least two years are eligible to apply for the ESG Label.