Page 11 - MAJRA PR REPORT - OCTOBER 2024

its partnerships with government sector organisations. Furthermore, the visits aimed at guiding
private sector companies to support the United Nations Sustainable Development Goals and the

UAE’s national priorities and encouraging them to adopt responsible and sustainable practices

that will pave the way towards creating a positive impact on society.

This comes as part of the endeavours of MAJRA, which establishes the framework and
governance for Sustainable Impact and Corporate Social Responsibility (CSR) in the UAE to

consolidate the UAE’s world-leading position in social responsibility and sustainability initiatives

by maintaining active partnerships with government sector organisations. The Fund also urges
private sector companies to play a pivotal role in this process.

Sarah Shaw, Director of the National CSR Fund – MAJRA, said: “We aim to expand the

possibilities of social impact by promoting sustainable practices among the largest possible

segment of private sector, helping them become more aware of their immense social responsibility
and key role in driving the growth and prosperity of the national economy. In this light, we

constantly try to empower organisations involved in the Social Impact Seal project by highlighting

positive aspects that are reflected in these companies’ focus on social, environmental and

developmental components of their respective industries. In order to attain this, we look forward
to reinforcing our cooperation with more firms and institutions and inspiring them to consolidate

their commitment to social responsibility practices.”

Furthermore, Shaw highlighted the pivotal role of the UAE’s economic development departments

in supporting MAJRA’s efforts to promote social responsibility disclosures from the country’s
private sector enterprises, which is one of the key axes linked to strategic data initiatives for social

responsibility. She further stated that the latest meetings held with representatives of economic

departments focused on the necessity to establish clear and transparent mechanisms associated

with the disclosure of efforts made to achieve social impact in a way that boosts the confidence
of society and investors in institutions that adhere to these principles.

The Social Impact Seal is one of the most significant initiatives launched by MAJRA. It urges

private sector companies to make vital contributions to the UAE’s social responsibility system

through a certificate of appreciation. It is provided to companies that showcased dedication to