Page 51 - MAJRA PR REPORT - SEPTEMBER 2024

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9/13/24, 12:40 PM The National CSR Fund – Majra convenes fourth meeting of Board of Trustees for 2024-2026 term
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-