DMCC Sustainability Hub Expands Services with Key Agreements to Propel Sustainability Agenda

• DMCC Sustainability Hub signs scope of agreements with S&P Global Market Intelligence, Earthly and Climate Essentials to bolster sustainability enactment and services for members
• Members summation privileged entree to sustainability reporting, c offsetting and absorption tools, industry-leading resources and networks
• Agreements enactment DMCC’s astir 25,000 members acceptable emanation simplification targets successful enactment with UAE Net Zero 2050

DMCC – the world’s flagship escaped portion and Government of Dubai Authority connected commodities commercialized and endeavor – has signed a clump of agreements with cardinal manufacture leaders and sustainability platforms to importantly bolster the services disposable done its recently-launched Sustainability Hub.

Three concern and collaboration agreements were entered into with S&P Global Market Intelligence (SPGMI) and S&P Global Sustainable1, and the starring sustainability platforms Earthly and Climate Essentials, to supply DMCC Sustainability Hub members with privileged entree to a scope of tools, resources and networks to thrust guardant ESG practices.

Through these agreements, DMCC Sustainability Hub aims to fortify its presumption arsenic the starring ESG ecosystem successful the region, with a scope of exclusive rates, industry-leading insights and value-added services. These volition thrust the Hub’s enactment of members successful implementing semipermanent emissions reductions targets successful enactment with the UAE’s Net Zero 2050 ambitions, including elements laid retired successful the Federal Decree announced successful August 2024 specified arsenic emanation simplification targets, mandatory reporting, and encouraging innovation. Benefits pioneered done the Hub volition beryllium scaled up and extended passim DMCC’s assemblage of astir 25,000 members and yet astatine the planetary level.

The collaboration statement with SPGMI and S&P Global Sustainable1 volition supply members with entree to 1 of the world’s starring sustainability appraisal tools, the S&P Global Corporate Sustainability Assessment (CSA) produced and issued by S&P Global Sustainable1. The CSA helps companies marque the nexus betwixt sustainability and their concern strategies and benchmark their advancement against peers. Members volition besides beryllium capable to amended recognize however to study their sustainability show successful enactment with planetary reporting frameworks utilizing its Sustainability Starter Pack.

Climate Essentials volition supply tools to cipher c footprints crossed each 3 scopes, successful accordance with starring clime subject protocols, connected an accessible and easy-to-use level that democratises entree to captious ESG information for SMEs and entrepreneurs.

Meanwhile, Earthly volition enactment members with tailored c absorption strategies and entree to verified c offset projects via its platform, enabling them to put successful high-integrity nature-based solutions that region carbon, reconstruct biodiversity, and enactment section communities.

Feryal Ahmadi, Chief Operating Officer, DMCC, said: “We launched the DMCC Sustainability Hub with the purpose of maximising the affirmative interaction crossed DMCC’s assemblage of astir 25,000 members. With cardinal resources from S&P Global’s Market Intelligence and Sustainable1 businesses, Earthly and Climate Essentials we volition broaden our community’s entree to captious ESG tools, successful turn, ensuring that Dubai remains a cardinal portion of the speech connected addressing clime action. By helping businesses deepen their knowing of their ESG lasting and the steps they tin instrumentality to trim their c emissions, we importantly enactment the UAE’s Net Zero by 2050 ambitions.”

Lorenzo Curci, Co-founder and CCO of Earthly, said: “We are delighted to spouse with DMCC Sustainability Hub successful this latest pioneering agreement. Nature-based solutions, specified arsenic reforestation, wetland restoration, and regenerative agriculture, are captious successful the combat against clime change. According to the IPCC, these approaches could supply up to one-third of the emissions reductions needed by 2030 to support planetary warming beneath 1.5°C. By prioritising nature-based projects, Earthly not lone helps companies conscionable their sustainability goals but besides contributes to the planetary effort to combat clime change, support ecosystems and make a much resilient satellite for aboriginal generations.”

Daniela Menzky, Founder and CEO of Climate Essentials, said: “We are overjoyed to beryllium portion of the DMCC Sustainability Hub. Since Climate Essentials was founded successful 2019, we person been relentlessly striving to guarantee that organisations person the tools to enactment their clime and decarbonisation ambitions. Our concern with DMCC allows america to proceed that ngo successful 1 of the astir breathtaking markets successful the satellite close now. We look guardant to supporting immoderate and each businesses successful the Hub done our platform, resources and consultancy support, truthful that the manufacture leaders successful Dubai and the wider portion are champion placed to combat the clime pressures that we collectively face.”

Launched successful March 2024, the DMCC Sustainability Hub is simply a web of manufacture leaders from wrong DMCC’s concern territory who collectively thrust meaningful ESG alteration and impact. Alongside a programme of meetings, networking and mentorship opportunities, the Hub offers entree to concern done ESG-focused task superior companies and accelerator programmes. It is tally successful concern with C3, a UAE-based societal enterprise.

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