Page 76 - MAJRA PR REPORT - SEPTEMBER 2024

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
sustainability-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 for
increased awareness of corporate social responsibility and sustainability, and discussed
new strategies for social responsibility issues and sustainable practices in the UAE. The
Board encouraged companies to adhere to mandatory disclosure plans on sustainability
and ESG practices.
The meeting concluded with a reaffirmation of the importance of continued public-
private sector collaboration to achieve Majra Fund's vision of advancing sustainable
development in the UAE.

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