The second annual report outlines continued progress towards DMCC’s long-term sustainability strategy
The publically available report presents data to DMCC stakeholders on the integrated approach taken to driving inclusive economic growth, environmental responsibility and social value
DMCC, the world’s leading Free Zone for commodities trade and enterprise, published its second annual sustainability report today, as part of its commitment to the United Nations Global Compact (UNGC). The report is prepared in line with the Global Reporting Initiative (GRI) Standards Core option.
The report builds on the first edition released in September 2018 and highlights DMCC’s socio-economic and environmental performance against its sustainability framework in the period between 1 January to 31 December 2018. DMCC’s sustainability strategy is structured across four core pillars of sustainability – ‘People’, ‘Marketplace’, ‘Environment’ and ‘Community’ – and it continuously strives to adopt programmes in line with the objectives earmarked under each pillar.
“DMCC remains committed to its declared approach – alignment with the UN Sustainable Development Goals as a signatory to the Global Compact, and contributor towards the goals outlined in the UAE Vision 2021 and Dubai Plan 2021,” said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.
“DMCC has taken an integrated approach to sustainability and social responsibility. Communicating progress to our stakeholders is critical, and it is what makes us the business community’s trusted partner,” he added.
To underpin its sustainability vision and bolster sustainability governance, DMCC appointed a new corporate-level Sustainable Development Goals Steering Committee (SDG SC) in 2018 to oversee and monitor progress towards commitments, and development of the corporate-wide sustainability strategy. The committee includes a number of Executive Committee members and other senior management representatives.
In August 2017, DMCC became the first free zone in the GCC to commit to the UNGC, encouraging responsible business practice throughout the entire value chain.