Page 31 - MAJRA PR REPORT - OCTOBER 2024

10/30/24, 1:31 PM National CSR Fund – MAJRA underscores importance of adopting social responsibility and sustainability disclosures - Middle East…
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.

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