Dubai PR Network, Online Press Release from Dubai and Middle East
 
Mall, Retail & Hospitality(Real Estate & Retail)
Filter PR by
  
Majid Al Futtaim Reduces Water Usage by 7% Advancing Delivering on Sustainability Commitments
 
  • 2018 Sustainability Report shows 4% reduction in operational carbon emissions
  • Reductions demonstrate company’s progress towards becoming Net Positive by 2040
  • PV panels installed at Mall of the Emirates set to produce 3 GWh of clean energy annually
 
Dubai, UAE June 19, 2019: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has published its 2018 Sustainability Report, showcasing positive progress towards the targets set out in its company-wide sustainable development strategy, ‘Dare Today, Change Tomorrow’. The report highlights reduction in carbon footprint and water usage by 4% and 7% respectively, despite adding 44 new physical assets into the company’s operations.
 
While the company made steady progress towards the goals set in its strategy in 2018, it also committed to addressing 10 of the 17 UN Sustainable Development Goals and joined the United Nations Environment Programme to collaborate on resource efficiency and sustainable developments. 
 
Ibrahim Al-Zu’bi, Chief Sustainability Officer, Majid Al Futtaim Holding, commented on the report: “At Majid Al Futtaim we have been ahead of the curve in the region, integrating sustainability into our business thinking since 2012. Our 2018 report highlights the significant progress we have made on our sustainability journey to reduce our environmental impact, support the local communities we operate in and deliver more sustainable experiences for our customers.”
 
“The reductions we have achieved in carbon output and water usage in particular underline how serious we are about sustainability and demonstrate important headway being made towards our 2040 Net Positive goal and changing our own world.” Al Zu’bi added.
 
Majid Al Futtaim’s 2018 Sustainability Report provides a complete overview of the company’s sustainability achievements and progress against its long-term targets across three core priorities: Rethinking Resources, Transforming Lives and Empowering our People.
 
2018 Highlights:
 
Rethinking Resources: Majid Al Futtaim has increased its efforts in water, energy and waste management across all businesses, in line with its commitment to rethinking its use of resources to make a positive impact. Majid Al Futtaim also reduced both its operational carbon emissions and water usage by 4% and 7% respectively, despite the addition of 44 new sites to the company’s operations. Majid Al Futtaim - Retail successfully managed to reduce both its water use and carbon emissions over the past year by 10% and 7% respectively and Majid Al Futtaim Properties also managed to reduce its water consumption by 8%, despite opening two new shopping malls. The Group also announced the installation of 7,291 solar photovoltaic (PV) panels at Mall of the Emirates, set to produce 3 GWh of clean energy annually. These results show significant progress towards achieving the Group’s 2040 Net Positive goal.
 
Transforming Lives: The company’s plans for Transforming Lives are ambitious and multifaceted, with several initiatives launched across all businesses in order to transform the lives of the communities the Group serves. A key highlight under this pillar is Majid Al Futtaim’s work to raise the UAE’s profile in snow sports and create opportunities for Emirati athletes. In 2018, Ski Dubai launched the first ever UAE snow sport team and was instrumental in the UAE’s application to the International Ski Federation (FIS). Ski Dubai also hosted the UAE’s inaugural Para Snow Sports events, featuring elite athlete participation from more than 26 countries.
 
Empowering our People: Majid Al Futtaim has placed a strong focus on employee training with 911,000 hours of training delivered to ensure people have the required skills and expertise to navigate the company’s journey towards international sustainability leadership.
 
This year, Majid Al Futtaim is integrating newer, more efficient practices, across all businesses. These include the installation of LED lights, sensor taps and management systems in its buildings, whilst ensuring that new buildings and fit outs meet the increasingly ambitious sustainability standards. The company is also creating an Innovation Centre of Excellence to crowdsource innovative solutions. Furthermore, it has committed to establishing an Enterprise Hub, which will support the development of skills and entrepreneurship in line with local needs. This will help boost the economy and increase community resilience to the economic changes facing society today. 
 
The Group will also continue to focus on training, with an eLearning module to be created for the entire business in 2019, and sustainability content to be embedded within its Top Talent programme and the GROW, EMERGE and ENGAGE training programmes for team leaders, professionals, and graduates, respectively.


Posted by : Dubai PR Network Editorial Team
Viewed 5270 times
PR Category : Real Estate & Retail
Posted on : Wednesday, June 19, 2019  2:45:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Dubai Summer Surprises Kicks Off This Friday With Line-up of...
Next Story : Shopping fiesta and ‘Mall Millionaire' promotion awaits resi...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Autumn/Winter 19: Step out in the latest styles with City Centre Deira and City Centre Mir... [7601-Views]
Restoration by Parmigiani Fleurier -The Yusupov Egg [6265-Views]
Sandro Launches Evening Capsule Collection [5923-Views]
Enjoy Smoother Skin with the current obsession from PMD - The Personal Microdermabrasion R... [5734-Views]
A new model for the ladies enriches the Corum AC-One collection with luscious femininity [5478-Views]
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Challenges the City to Be ‘I... [5106-Views]
Energize & Refresh Your Skin With the Foreo Luna 2 for Men [4990-Views]
Saif bin Zayed unveils first floating Smart Police Station [4685-Views]
Save the Children Jordan launches TREE program “Transforming Refugee Education towards Exc... [4380-Views]
Cambridge Assessment English witnesses a huge demand for OET (Occupational English Test) a... [4178-Views]
GITEX hosts global AI expert, international CEOs and honours retail, smart city and startu... [4032-Views]
Aquaplex with an eye on the future expansion of Specification sales, launches new Sales of... [4002-Views]
From Dubai Police's floating police station to Etisalat's Lazareth Flying Motorcycle – ele... [3910-Views]
Hazzaa AlMansoori's return to the UAE is scheduled for Saturday 12th October [3752-Views]
du, Nokia & SRTIP Sign a Strategic teaming Agreement to Bring Sharjah's Knowledge-Based Ec... [3752-Views]
Hazzaa AlMansoori reveals post flight details in a press conference [3739-Views]
Hamdan bin Mohammed calls on the city to be ‘In It Together' for the Dubai Fitness Challen... [3544-Views]
The new urban warrior unleashed - Corum injects modernity and athleticism into its Admira... [3544-Views]
Dubai's LIFEPharma signs historic agreement with Apotex Inc., the largest producer of gene... [3532-Views]
6 Ways To Wear The Houndstooth Print [3532-Views]
One stop shop for classifieds and deals in UAE- QUOODO.com [3514-Views]
Al Tayer Battles on in China After Aquabike Setback [3422-Views]
More than 1,900 beneficiaries at Al Mizhar and Umm Al Sheif Islamic Cultural centres in th... [3404-Views]
Marks & Spencer Launches Its New Sleepwear Collection for AW19 [3398-Views]
The Coffee Club in Al Bateen, Abu Dhabi re-opens with a refreshed new look [3379-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories