Page 45 - MAJRA PR REPORT - SEPTEMBER 2024
P. 45

aligning with national priorities and sustainable development goals (SDGs), including the ‘We the UAE
               2031’ vision and the ‘National Strategy for Sustainability’.”
               The meeting was attended by H.E. Hessa Bint Essa Buhumaid, the Director General of the Community
               Development Authority (CDA), and His Excellency Abdullah Al Saleh, the Undersecretary of the Ministry of
               Economy and Vice Chairman of the Board of Trustees. Among the esteemed attendees were H.E. Mubarak
               Al Nakhi, the Undersecretary of the Ministry of Culture and Youth, and H.E. Aisha Ahmed Yousef, Acting
               Undersecretary of the Ministry of Community Development, H.E. Dr. Maryam Al Suwaidi, CEO of the
               Securities and Commodities Authority (SCA), and H.E. Hanan Ahli, Director of the Federal Competitiveness
               and Statistics Centre, and H.E. Osama Amir Fadhel, Assistant Undersecretary for Industrial Accelerators
               Sector at the Ministry of Industry and Advanced Technology (MOIAT). Additionally, were present. The
               meeting also witnessed the attendance of H.E. Abdulaziz Khalid Al Jaziri, Deputy CEO and Chief Operation
               Officer at Dubai Future Foundation, and H.E. Salama Al Amaimi, Director General of the Family Care
               Authority, Ms. Mariam Al Qassab, Director of the Office of the Chairman at Sharjah Book Authority,
               Community entrepreneur Ms. Bodour Al Raqbani and Sarah Shaw, Director of the National CSR Fund –
               Majra.
               Sarah Shaw, Director of the National CSR Fund – Majra, said: “This meeting represents a significant
               milestone in Majra’s progress, further offering a place to discuss future strategies and expand on its
               achievements in enhancing private sector contributions to social development and sustainable action. We
               aspire to create new mechanisms and policies that have the potential to inspire businesses to make a
               lasting social and environmental impact, further advancing our nation’s goals.”
               During the meeting, the Council members reviewed Majra’s financial reports along with an update on the
               initiatives and projects carried out in the previous period.. In addition, the “Impact Index” was launched to
               assess institutional performance in Environmental, Social, and Governance (ESG) domains, as well as the
               sustainable development goals of the private sector organisations in the country. Furthermore, over 80
               prominent companies from the 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
               -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



               https://mensahnews.com/2024/09/14/the-national-csr-fund-majra-convenes-fourth-meeting-of-
               board-of-trustees-for-2024-2026-term/#google_vignette
   40   41   42   43   44   45   46   47   48   49   50