Page 41 - MAJRA PR REPORT - SEPTEMBER 2024
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9/16/24, 10:46 AM The National CSR Fund Majra Convenes Fourth Meeting Of Board Of Trustees For 2024-2026 Term
private sector in the field of sustainability were recognised and honoured with the“Impact
Seal”.
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.
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