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Government 1 min read 28 views

National CSR Fund – Majra Convenes Fourth Meeting of Board of Trustees for 2024-2026 Term

The National CSR Fund – Majra held its fourth meeting for the 2024-2026 term, focusing on enhancing corporate social responsibility (CSR) practices in the UAE. The meeting, chaired by H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of the Board of Trustees, evaluated the Fund’s progress and outlined future strategies to advance sustainable impact in CSR.

H.E. Bin Touq praised the UAE’s leadership for its proactive approach to CSR, emphasizing that the partnership between the public and private sectors is a global model. He highlighted the role of Majra in aligning private sector efforts with national priorities such as the We the UAE 2031 vision and the National Strategy for Sustainability.

The meeting was attended by high-profile officials, including H.E. Hessa Bint Essa Buhumaid, Director General of the Community Development Authority, and H.E. Abdullah Al Saleh, Undersecretary of the Ministry of Economy. Discussions focused on fostering strategic partnerships and promoting sustainable practices, with the launch of the "Impact Index" to assess private sector contributions to Environmental, Social, and Governance (ESG) initiatives.

Sarah Shaw, Director of Majra, highlighted the importance of inspiring businesses to make lasting social and environmental impacts. Over 80 companies were honored with the "Impact Seal" for their contributions to sustainability, and the Board set new goals to increase awareness of CSR and sustainability across the UAE.

The meeting concluded with a reaffirmation of the importance of collaboration between public and private sectors in advancing the UAE’s leadership in CSR.

UAE CSR initiatives National CSR Fund Majra Corporate social responsibility UAE ESG practices in the UAE Sustainability in UAE private sector

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