Latest news with #ESG-related
TECHx
4 days ago
- Business
- TECHx
du Telecom Partners with CRIF to Boost ESG Performance
Home » Green Tech » du Telecom Partners with CRIF to Boost ESG Performance du, the telecom and digital services provider, announced a strategic partnership with CRIF, a global leader in credit information systems, analytics, and digital solutions. The partnership aims to enhance ESG (Environmental, Social, and Governance) performance across du's supply chain. As part of the collaboration, du will adopt Synesgy, CRIF's digital platform dedicated to evaluating ESG metrics. This move aligns with the growing global demand for sustainable business practices. du revealed that integrating Synesgy will strengthen its supplier review process and ensure alignment with its sustainability targets and regulatory standards. Adel AlRais, Head of Corporate Communication & Protocol at du, said the partnership with CRIF significantly improves supplier evaluation protocols. He emphasized that this step demonstrates du's commitment to responsible business and sustainability in the telecom sector. Synesgy offers detailed evaluations of suppliers' environmental, social, and governance performance. The platform helps du identify and manage ESG-related risks across its supply chain. Manjeet Chhabra, Managing Director of CRIF Gulf, stated that du's adoption of Synesgy reflects the growing importance of ESG in global business. He added that CRIF is proud to support du with data-driven tools for informed decision-making and sustainability leadership. du reported that the integration of Synesgy will also enable continuous monitoring and improvement of ESG practices. The initiative supports du's transparency goals and alignment with global sustainability benchmarks.
Mid East Info
4 days ago
- Business
- Mid East Info
du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform - Middle East Business News and Information
This partnership is a step towards integrating sustainable practices within core business operations, elevating du's position as a pioneer in corporate sustainability within the telecommunication sector. Dubai, UAE, June, 2025: du, the leading telecom and digital services provider, today announced a strategic partnership with CRIF, a global leader specializing in credit information systems, analytics, and digital solutions. This collaboration aims to enhance the Environmental, Social, and Governance ESG performance within du's supply chain using Synesgy, CRIF's pioneering digital platform. Recognising the escalating global demand for sustainable business initiatives, du is proactively incorporating ESG factors into its supplier review process. The adoption of Synesgy allows du to delve deeper into the ESG performance of its suppliers, ensuring compliance with the company's ambitious sustainability targets and rigorous regulatory standards. Adel AlRais, Head of Corporate Communication & Protocol at du said: 'A partnership with CRIF and the integration of Synesgy into our systems demonstrably enhances our supplier evaluation protocols and underscores our dedication to sustainability. This initiative not only supports compliance with evolving legal requirements but also solidifies our leadership in fostering responsible business practices in telecommunications. It marks a pivotal step in ensuring our supply chain contributes to a sustainable and ethical future.' Synesgy will provide du with detailed evaluations regarding the ESG efforts of its suppliers, furnishing a broad perspective on their environmental impacts, social contributions, and governance practices. The platform enables du to identify and manage potential ESG-related risks within its supply chain, aiding in the maintenance of sustainable business practices over the long term. Manjeet Chhabra, Managing Director of CRIF Gulf, said: 'du's decision to adopt Synesgy as a core tool for supplier evaluation reflects the growing importance of ESG factors in global business practices. We are proud to support du in its journey toward enhanced sustainability, offering data-driven insights and advanced tools to help businesses make informed decisions and lead in the era of responsible business.' Leveraging advanced analytics, Synesgy facilitates continuous monitoring and improvement of supplier ESG practices, supporting du's sustainable development goals. This initiative will further du's commitment to transparency and high ethical standards, aligning with international sustainability criteria and benchmarks. About du: du adds life to life with a comprehensive portfolio of mobile, fixed, broadband, entertainment services, and fintech solutions. Through a digital-first approach powered by ultra-reliable fiber and 5G technology, du delivers bespoke solutions leveraging cloud computing, AI-driven analytics, advanced cybersecurity, and IoT integration. As a trusted digital telco enabler spearheading the UAE's digital transformation, we collaborate with a dynamic partner ecosystem to propel industries and society toward operational excellence, shaping a more connected and digitally advanced future across the region. About CRIF: CRIF is a global company specializing in credit and business information, advanced digital solutions, and analytics for risk management and business development. Through platforms like Synesgy, CRIF helps businesses across various industries assess and enhance their ESG performance, ensuring alignment with international sustainability standards.
Hi Dubai
12-06-2025
- Business
- Hi Dubai
ICBC Lists USD 1.72 Billion in Green Bonds on Nasdaq Dubai
Industrial and Commercial Bank of China (ICBC) has listed three green bond issuances worth a combined USD 1.72 billion on Nasdaq Dubai, reinforcing its leadership in sustainable finance and its commitment to the UAE capital market. The listings were made under ICBC's USD 20 billion Global Medium Term Note Programme through its branches in Dubai (DIFC), Hong Kong, and Singapore. The issuances include USD 1 billion floating rate notes by the Hong Kong branch, USD 300 million fixed-rate notes by the Singapore branch, and CNH 3 billion notes by the Dubai (DIFC) branch — all due in 2028. To mark the milestone, His Excellency Zhang Yiming, Ambassador of China to the UAE, rang the market-opening bell at Nasdaq Dubai, joined by Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), and Liu Hua, General Manager of ICBC Dubai (DIFC). Liu emphasized the significance of the multi-currency, carbon-neutrality-themed bonds as a reflection of ICBC's strategic focus on sustainable development, particularly under the Belt and Road Initiative. With USD 5.6 billion in total outstanding bonds in the UAE, ICBC continues to expand its green finance footprint globally. Hamed Ali noted that the listings highlight Dubai's growing role as a global hub for sustainable finance, adding that Nasdaq Dubai remains committed to supporting responsible investment and innovation in capital markets. With this addition, Nasdaq Dubai's total debt listings have reached USD 136 billion, including USD 29 billion in ESG-related instruments — further cementing its position as a key platform for sustainable investment in the region. News Source: Dubai Media Office
The Star
12-06-2025
- Business
- The Star
Sustainability-related jobs signal ESG growth
The green building industry, as a sunrise industry in China, has become so popular that ESG (environmental, social and governance)-related positions are springing up like mushrooms after rain. With demand in the green building field skyrocketing, occupations like green building consultants, sustainable construction managers, sustainable trainers in human resources, sustainable trainers in legal compliance department, green building engineers, and carbon neutrality business analysts are vying for attention. If you typed "green building" to search jobs under the real estate category in Beijing on one of China's major recruitment portals, on May 12, the listing showed that there were 232 jobs available. The one with the highest monthly salary is senior green building engineer, with monthly salaries ranging from 29,000 yuan ($4,035) to 40,000 yuan. Green building consultant is also a hot position, with monthly salaries ranging from 5,000 yuan to 10,000 yuan. They offer professional consulting, certification, and management services in every link, including the selection of building materials, construction techniques, energy consumption component testing and certification, emission control, facility updates, equipment management, and low-carbon management in the construction and usage processes. "As the era of carbon constraints fully arrives, carbon emissions may have a more direct impact on asset performance. In the field of commercial real estate, green buildings have become a new norm. Green building consultants have been playing a critical role in the process of promoting the green transition of buildings," said Alan Li, president of CBRE China, a global commercial real estate services and investment firm. Speaking of the reason why ESG-related positions are gaining popularity, Li noted that in addition to the widely recognised advantages of reducing operating expenses and being offered green financial support, the advantages of green buildings in terms of rental income are also very much evident. According to the latest survey from CBRE, one-fifth of tenants said that they will consider applying for a rental discount if a building does not have a green certification. At present, investors' allocation of ESG assets has shown a rapidly increasing trend. Latest statistics from CBRE showed that 91 percent of the respondents have or plan to include ESG into their investment decisions, while 71 percent of the investors are willing to offer a certain premium on ESG assets. Then, how can a green building consultant help an occupier or landlord in decarbonization? The report outlines that for occupiers, a green building consultant helps them in improving energy efficiency, decarbonising their energy chain by transitioning to renewable energy, optimising their workplace strategy planning, decarbonising the supply chain, as well as exploring carbon offset opportunities. For landlords, on the other hand, green building consultants help them in using intelligent building systems and adopting green leases, which enables clarifying the obligations and rights of landlords and occupiers in leasing terms where both parties can share the costs and benefits of green retrofitting and operation and participate more actively in decarbonization. Li noted that with the development of the green building industry, in the next three to five years, more demand is expected to emerge. For industry practitioners, they are advised to grasp basic knowledge of green building, including commercial real estate carbon footprint, to be familiar with national and local policy standards and energy-saving transformation technologies and promotion lists, and understand green financial instruments. As an international property consultancy, CBRE manages more than 46,500 buildings around the world. So far, CBRE has provided green building certification services to more than 20 million square meters of properties on the Chinese mainland, data from the company showed. - China Daily/ANN
Mid East Info
11-06-2025
- Business
- Mid East Info
Dubai Chamber of Commerce survey reveals growing awareness among local business community on the importance of ESG standards
72% of surveyed companies are aware of the importance of ESG standards and related initiatives. • 50% of companies are implementing Environmental, Social, and Governance (ESG) initiatives. • The highest rate of ESG implementation is recorded in the professional, scientific, and technical activities sector, followed by the insurance, financial services, and real estate sector. • 87% of large companies and 83% of multinational corporations are applying ESG-related initiatives. • Advanced recycling technologies and waste reduction lead corporate circular economy strategies. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the results of its 2025 ESG Pulse Survey. The survey evaluates the level of awareness and adoption of Environmental, Social, and Governance (ESG) standards among the local business community, as well as the extent to which companies are implementing related initiatives. The survey results, conducted by the Centre for Responsible Business, reveal a growing awareness among Dubai's business community about the importance of ESG standards. A total of 72% of participating companies indicated they are familiar with ESG standards and related initiatives, while 50% confirmed they are actively implementing ESG-related initiatives. In addition, 35% of companies reported that they prepare specific reports on the initiatives they have adopted. Corporate values and institutional goals ranked as the primary motivation for implementing ESG initiatives, followed by regulatory compliance, corporate reputation, innovation and growth, competitiveness, customer expectations, and investor demands. Among the companies participating in the survey, 87% of the large companies reported implementing ESG initiatives, compared to 83% of multinational corporations and 46% of small and medium-sized enterprises SMEs. In terms of sectors, 55% of surveyed companies in the professional, scientific, and technical activities sector reported implementing ESG initiatives, representing the highest rate among all sectors. This was followed by the insurance, financial services, and real estate sector, with 52%, and the transport and storage sector at 50%. In terms of environmental sustainability initiatives, waste management ranked first, followed by pollution reduction, climate change practices, and sustainable procurement. For social initiatives, transparency and communication practices came first, followed by employee relations, customer relations, and community engagement. For governance-related initiatives, business ethics and compliance ranked first, followed by leadership and strategy, risk management, and then impact on businesses and stakeholders. The survey findings also highlighted that advanced recycling and waste reduction strategies are the top approaches adopted under companies' circular economy strategies. This is followed by collaboration with external stakeholders to implement circular economy projects and the development of sustainable products using recycled materials. Dubai Chamber of Commerce's Centre for Responsible Business plays a key role in promoting responsible and sustainable business practices across the emirate. The Centre is committed to encouraging and supporting companies in adopting corporate social responsibility, with the goal of enhancing their performance, competitiveness, and social and environmental contributions. It offers a range of platforms, tools, and knowledge resources to help businesses integrate governance, sustainability, and social responsibility into their corporate practices.
