Page 102 - WGEO PR REPORT - November-December 2022

Zamil Group – KSA; Imad Al Fadel, managing partner, ESG Integrate –
UAE; and Samar Ibrahim, associate director, EY Parthenon, MENA.
Following the launch, the partners will host further opportunities to address
core matters around climate action and climate risk throughout 2023 and
leading up to COP 28 that is slated to be held in the UAE in 2023.

Commenting on the collaboration, Farida El Agamy, General Manager of
the Tharawat Family Business Forum, said: “The science is undeniable;
climate change is transforming our natural habitats, ecosystems, and the
Earth’s biodiversity, directly affecting our lives, businesses, and economies.
In light of this global environmental crisis, family enterprises must pivot to
deal with the changing world around them. While this is a sobering
prospect, it is not one without opportunities. This report explores the way
forward for family-owned companies and outlines a clear path toward a
more sustainable future.”

Dr. Amina Al Rostamani, Board Member of AW Rostamani Group, said: “In
2016, the MENA region was declared one of the world’s most vulnerable to
rising sea levels. At the same time, though the MENA region is home to
6.3% of the global population, only 1.4% have access to renewable
freshwater. Saving water and energy and eliminating single-use plastic
while recycling and reducing electronic waste are just some of the
environmental initiatives being employed at the AWRostamani Group to
confront such issues. With resources to help support family businesses
identify environmental solutions to benefit them, their employees, their
communities and the planet, this report represents a critical piece of the
climate change puzzle.”

Eng. Waleed Salman, Chairman, Global Compact Network UAE, hosted by
the World Green Economy Organization, said:“Ahead of Net-Zero Initiatives
launched in several countries regionally and in the lead up to COP 28,
climate ambition is key to engaging with the private sector to support the
climate agenda regionally and globally, representing a fantastic opportunity
for our participating organizations to become regional and international
leaders at the forefront of the climate movement. I invite all organizations,
regardless of their level of engagement with climate action, to take steps
towards decarbonization."

For a full copy* of the report, kindly visit: https://tharawat.org/climate-
change-family-business-report/

https://www.go-green.ae/climate-change-and-family-business-the-tharawat-family-business-forum-
and-aw-rostamani-group-launchreport-addressing-climate-action-for-family-enterprises/