Page 162 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

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9/25/24, 2:29 PM The National CSR Fund – Majra convenes fourth meeting of Board of Trustees for 2024-2026 term - Middle East Business News an…
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

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.