Environment

Gulf Capital, one of the leading private equity firms investing across the GCC and Asia, has announced its formal commitment to the Abu Dhabi Sustainable Finance Declaration (ADSFD), marking a significant step in advancing sustainable finance and contributing to the UAE’s Green Economy for Sustainable Development initiative.

The ADSFD, a voluntary initiative led by Abu Dhabi Global Market (ADGM), with backing from the Ministry of Climate Change and Environment, the Central Bank of the UAE, and the Securities and Commodities Authority, unites investors, financial institutions, government entities, academics, and stakeholders in creating a robust ecosystem for sustainable finance. The aim is to build a financial industry that promotes sustainable economic growth while addressing environmental challenges.

Dr. Karim El Solh, Co-Founder and CEO of Gulf Capital, expressed the firm’s enthusiasm for joining the initiative: “We are delighted to support Abu Dhabi and the UAE in their commitment to a greener and more sustainable economy. Gulf Capital strives to foster a sustainable global and regional financial system, and the ADSFD is the ideal platform for realizing our ambitions.”

Gulf Capital's commitment to sustainability is reinforced by its previous actions, including being the first Middle East and Africa signatory to the Sustainable Markets Initiative (SMI), founded by His Majesty King Charles III, which aims to guide businesses towards sustainable practices by 2030. The firm is also a signatory of the United Nations Principles for Responsible Investment (UNPRI) and has integrated Environmental, Social, and Governance (ESG) factors into its investment strategies. Additionally, Gulf Capital was named an official Climate Action Supporter for the upcoming COP28, the global climate change summit hosted by the UAE.

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