Launch of UAE Climate-Responsible Companies Pledge. Wam
Launch of UAE Climate-Responsible Companies Pledge. Wam
Launch of UAE Climate-Responsible Companies Pledge. Wam
Launch of UAE Climate-Responsible Companies Pledge. Wam

Boost for UAE's net zero emissions initiative as 21 companies sign new pledge


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The Ministry of Climate Change and the Environment has unveiled the UAE Climate-Responsible Companies Pledge to increase the engagement of the private sector in the country’s decarbonisation drive.

The pledge is in line with the UAE Net Zero 2050 Strategic Initiative and forms the basis of future collaboration between the private sector, NGOs and international organisations, in association with strategic partner, the World Wildlife Fund (WWF).

The launch took place as part of the fourth stage of the National Dialogue for Climate Ambition (NDCA) under the theme “Road map to achieve net zero in the hospitality sector".

Mariam Al Mheiri, Minister of Climate Change and the Environment, said that the pledge would help the UAE government to “engage with entities that are keen to make an active contribution to our climate neutrality movement, and align their efforts to achieve our common objective”.

Twenty-one companies from key sectors joined the pledge.

They are Majid Al Futtaim Group, Strata, Standard Chartered Bank, HSBC, Masdar, Sharjah environmental management company Beeah, Emerson, Emirates Nature-WWF, Emirates Global Aluminium, Emirates Steel Arkan Group, Aldar Properties, Emirates Environmental Group, Yahsat, the Chalhoub Group, Pure Harvest, AESG, Taka Solutions, Lafarge Emirates Cement, EY, EV Lab and TotalEnergies.

The companies committed to adopt measures to intensify their collective efforts to combat climate change.

They will achieve this by measuring and reporting their greenhouse gas emissions, drafting science-based plans to reduce their carbon footprint and sharing these plans with the UAE government to help it achieve the national net zero target by 2050.

The pledge is a ministry initiative to scale up the UAE’s climate action, in line with the Glasgow Climate Pact, an outcome of the Cop26 climate conference, that requires countries to adopt higher greenhouse gas emission reduction targets.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

MATCH INFO

Juventus 1 (Dybala 45')

Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')

Red card: Rodrigo Bentancur (Juventus)

Match info

Athletic Bilbao 0

Real Madrid 1 (Ramos 73' pen)

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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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UAE currency: the story behind the money in your pockets
Updated: August 30, 2022, 6:09 AM`