Al Masaood Group Publishes Sustainability Report
In an exciting development, Al Masaood Group, a prominent business conglomerate based in Abu Dhabi, has proudly unveiled its inaugural Sustainability Report.
This comprehensive document stands as a testament to the Group's unyielding dedication towards the United Nations Sustainable Development Goals (UNSDGs) and the ambitious climate objectives of the UAE.
Titled 'Charting a Path to Sustainability Leadership,' the report provides an intricate account of Al Masaood Group's remarkable sustainability journey.
It outlines the strategic initiatives undertaken across its diverse divisions to foster sustainable development and contribute to a greener future. Al Masaood Group's future aspirations are also emphasised, aligning with the UAE's commitments to climate change mitigation, including the Net Zero 2050 strategy and Abu Dhabi Environment Vision 2030, as well as the UNSDGs.
Chairman of Al Masaood Group, H.E. Masaood Ahmed Al Masaood, expressed the company's long-standing commitment to sustainable practices. The launch of the Sustainability Report serves as evidence of their dedication to driving positive change in line with the UAE's visionary leadership and the UNSDGs.
As one of the capital's most diverse conglomerates, Al Masaood Group is uniquely positioned to catalyse green transformation across various business and industry sectors, facilitating the UAE's transition to a low-carbon economy.
The report highlights Al Masaood Group's impressive efforts in different sustainability areas, including energy efficiency, waste management, water conservation, and community engagement.
The company's commitment to fostering an ecosystem of innovation and knowledge sharing is also underscored, recognising its significance in achieving sustainability goals. Moreover, Al Masaood Group has seamlessly integrated UNSDGs into its business strategies and operations, focusing on key areas where they can have a substantial positive impact. Among these, mental well-being, community empowerment, and environmental sustainability take centre stage.
Meiraj Hussain, Group Head of Corporate Support at Al Masaood Group, emphasised the tangible and measurable sustainability initiatives implemented throughout their operations. From reduced energy consumption to improved waste management practices and even pioneering projects such as the nation's first solar-powered EV charging stations, each step represents a concrete effort to combat climate change and make a meaningful environmental impact.
The release of Al Masaood Group's Sustainability Report marks a significant milestone in their sustainability journey. The document not only showcases the Group's accomplishments to date but also charts the course for future sustainability endeavours.
Calling upon the business community and the public, Meiraj Hussain invites all to delve into the comprehensive Sustainability Report. Recognising the urgency of collective action in addressing climate change, Al Masaood Group firmly believes in the power of collaboration to forge a more sustainable future.
The report serves as both a comprehensive overview of their commitments and a compelling call to immediate action, especially as the world experiences unprecedented heat. Time is of the essence, and swift action is crucial.
For those eager to explore Al Masaood Group's remarkable Sustainability Report, it is now available to the public and can be accessed at: https://go.masaood.com/sust2022.
For more investor-related news
To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.
Source: Al Masaood Group
