Page 71 - MAJRA PR REPORT - SEPTEMBER 2024
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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
               Last Updated on 22 hours by News Desk 1






















               https://menews247.com/the-national-csr-fund-majra-convenes-fourth-meeting-of-board-of-
               trustees-for-2024-2026-term/
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