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9/13/24, 12:40 PM Majra reviews future strategies to boost private sector contributions to social development | Emirates News Agency

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Majra reviews future strategies to boost private sector contributions to social development
Thursday, September 12, 2024 11:06 PM2 minutes Reading

Summary A+

DUBAI, 12th September, 2024 (WAM) -- The National CSR Fund – Majra held its fourth Board of Trustees meeting for the 2024-2026 term. The session, chaired by Abdullah
Marri, Minister of Economy and Chairman of the Board, focused on evaluating progress and reviewing strategic plans to advance corporate social responsibility and sustaina
in the UAE.
Al Marri highlighted the UAE's progress in enhancing corporate social responsibility, noting the Fund’s role in aligning private sector strategies with national priorities and sust
development goals.
Attendees included Hessa Bint Essa Buhumaid, Director-General of the Community Development Authority, and Abdullah Al Saleh, Under-Secretary of the Ministry of Econom
Chairman of the Board.
Other notable participants were Mubarak Al Nakhi, Under-Secretary of the Ministry of Culture and Youth; Aisha Ahmed Yousef, Acting Under-Secretary of the Ministry of Com
Development; Dr. Maryam Al Suwaidi, CEO of the Securities and Commodities Authority; Hanan Ahli, Director of the Federal Competitiveness and Statistics Centre; and Osa
Fadhel, Assistant Undersecretary for Industrial Accelerators Sector at the Ministry of Industry and Advanced Technology. The meeting also saw the presence of Abdulaziz Kha
Jaziri, Deputy CEO of Dubai Future Foundation, Salama Al Amaimi, Director-General of the Family Care Authority, Mariam Al Qassab, Director of the Office of the Chairman a
Book Authority, community entrepreneur Bodour Al Raqbani, and Sarah Shaw, Director of the National CSR Fund – Majra.
Sarah Shaw remarked, “This meeting marks a key milestone for Majra, providing a platform to discuss future strategies and build on achievements in boosting private sector
contributions to social development and sustainability. We aim to develop new mechanisms that inspire businesses to make a lasting impact.”
The meeting reviewed Majra’s financial reports and the "Impact Index" to evaluate performance in Environmental, Social, and Governance (ESG) domains. Over 80 sustainab
focused companies were honoured with the "Impact Seal."
The Board outlined a forward-looking vision, emphasising the Fund’s role in mobilising private sector contributions to national development projects. They stressed the need f
increased awareness of corporate social responsibility and sustainability, and discussed new strategies for social responsibility issues and sustainable practices in the UAE. T
encouraged companies to adhere to mandatory disclosure plans on sustainability and ESG practices.

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