Page 66 - MAJRA PR REPORT - SEPTEMBER 2024

9/13/24, 12:43 PM Latest News
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,

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