Page 155 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/25/24, 2:25 PM The National CSR Fund – Majra convenes fourth meeting of Board of Trustees for 2024-2026 term
The Board of Trustees outlined a forward-looking vision for new goals to be achieved in the coming
years, focusing on the Majra Fund’s pivotal role in mobilizing private sector contributions towards
national development projects. They highlighted the importance of increasing awareness campaigns on
corporate social responsibility and sustainability initiatives, particularly highlighting the UAE’s

commitment to these practices and their application across various projects and programs. A primary
objective is to enhance understanding of the critical need for the effective implementation of these
initiatives across various projects and programs.

The Board further discussed recent developments in the activities of Majra’s initiatives, including the

Policy and Strategies Committee and the Projects and Funding Committee. They examined
achievements and proposed new strategies to address social responsibility issues and promote
sustainable practices in the UAE. The members further encouraged private enterprises to adhere to
Majra’s newly introduced mandatory disclosure plans, which require companies to regularly report on

sustainability practices and Environmental, Social, and Governance (ESG) principles, ensuring the
highest level of transparency.

At the conclusion of the meeting, the Board of Trustees reaffirmed the significance of continued
collaboration between public and private sector organisations. This partnership is essential to achieving

Majra Fund’s vision of advancing sustainable development in the UAE and maintaining its leading
position as a global hub for corporate social responsibility

-Ends-

About the National CSR Fund - MAJRA

The National CSR Fund -MAJRA is the federal arm setting up the framework and governance for
Sustainable Impact, Sustainability and Corporate Social Responsibility (CSR) in the UAE, while

managing and directing efforts from the business sector towards UN Sustainable Development Goals
(SDGs) and National Priorities, aligned with Environment, Social and Governance metrics (ESG).

MAJRA launches national priority projects, verifies UAE-based sustainable impact projects, and
provides opportunities for the business sector to collaborate, invest in and contribute to them. It certifies

and awards corporates for their CSR and Sustainable Impact practices.

For further information, please contact:
Orient Planet Group (OPG)
Email: media@orientplanet.com
Website: www.orientplanet.com

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