Page 43 - MAJRA PR REPORT - OCTOBER 2024

10/25/24, 2:52 PM National CSR Fund – MAJRA met with heads of CSR and sustainability committees in all seven emirates
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National CSR Fund – MAJRA met with heads of CSR
and sustainability committees in all seven emirates

Sarah Shaw: We seek to further strengthen cooperation with UAE’s CSR and Sustainability Committees.
These meetings mark a new step in the discussion of future plans for CSR and sustainability practices

The meetings witnessed the signing of an agreement that promotes the Impact Seal project package
across private sector firms across all seven emirates.
During the meeting, a decision was made to create a comprehensive framework for identifying and
honouring CSR endeavours and integrate them with the ‘Impact Seal.’
Participating entities discussed new mechanisms to enhance private companies' contribution to the
development of projects in the country

Dubai, October 24 2024: The National CSR Fund – MAJRA, the federal arm that establishes the framework and
governance for Sustainable Impact and Corporate Social Responsibility (CSR) in the UAE, hosted several
consultative meetings to discuss new partnerships and projects that promote CSR in the country and explore each
emirate’s needs, in line with key national strategies. The meeting was led by directors of the chamber of commerce
and industry in each emirate with the active involvement of heads of various CSR and sustainability committees in
all seven emirates.
Commenting on this, Sarah Shaw, Director of MAJRA, said: We are keen to further strengthen cooperation with
CSR and sustainability committees in all seven emirates and develop joint action plans during the next phase to
achieve CSR goals in the country and implement the best environmental and social standards. This will further
consolidate the UAE’s leading position as the prosperous global community, in light of the objectives of ‘We the
UAE 2031.”

“The meetings mark a new step to discuss CSR and sustainability practices’ plans in the country, as well as review
and build on the achievements made in this regard. These meetings have been based on the latest updates on
CSR plans in each emirate, as well as efforts to support collaboration in launching awareness programs that
highlight the necessity to employ CSR and sustainability practices, thereby advancing UAE’s efforts in achieving
sustainable development goals and consolidating its position in CSR regionally and internationally,” she added.

Additionally, the meetings saw an agreement to offer chambers of commerce of all emirates the ‘Impact Seal
Project’ package. It also encouraged members to partner with local private sector organisations to further promote
this project. The meeting confirmed that the ongoing efforts to educate and inform these local enterprises about the
vital need for mandated disclosure of CSR activities will continue.
The meetings also decided to develop the ‘Impact Labs’ in collaboration with every emirate’s chambers of
commerce and industry next November. Apart from establishing a framework to identify and acknowledge CSR
endeavours, the discussions also led to the launch of an initiative to include these accolades with the ‘Impact Seal.’
The initiative will evaluate and assign certain points to the private company profiles, which will enable them to
qualify for this renowned award.
The meetings were held with the main goal of exploring new mechanisms for boosting the involvement of private
enterprises in development initiatives within each emirate. Furthermore, it aimed to direct private sector enterprises
to align their efforts with the national strategy for sustainability and the ‘We the UAE 2031’ vision to attain SDGs.

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