The Nationwide CSR Fund – MAJRA hosted the ‘Affect Retreat’ occasion on November 29, within the presence of His Excellency Abdulla bin Touq Al Marri, Minister of Economic system and Chairman of MAJRA’s Board of Trustees, together with members of the Board of Trustees and personal sector corporations that obtained the Affect Medal for Social Accountability. The retreat’s key aim is to inspire non-public sector corporations to spice up consciousness and energetic involvement in social accountability practices, in accordance with the UAE’s environmental, social, financial and governance indicators in addition to the priorities and targets of sustainable growth.
H.E. Abdullah bin Touq Al Marri emphasised that the nation continues to guide in fostering social accountability practices by way of modern initiatives that search to attain a sustainable optimistic affect on society whereas expressing his appreciation for the directives of the nation’s clever management. Moreover, he identified that Affect Retreat serves as a great discussion board that convenes famend non-public sector leaders and stakeholders to forge strategic partnerships and make concerted efforts that foster social accountability by way of an elaborate nationwide agenda that aligns with nationwide priorities and sustainable growth targets.
H.E. Abdullah bin Touq Al Marri stated: “This initiative marks a major step in boosting the non-public sector’s involvement in creating new frameworks and insurance policies to deal with growth challenges. It fosters innovation and teamwork,additional supporting the creation of a balanced and sustainable financial system that advantages the society and future generations in accordance with nationwide priorities and sustainable growth targets, such because the ‘Nationwide Sustainability Technique’ and the ‘We the UAE 2031’ imaginative and prescient.”
Throughout the retreat, members explored modern concepts and initiatives and recognized initiatives throughout the social accountability agenda which have the potential to contribute to attaining the UAE’s notional goals. Moreover, it offered a platform to advertise communication and cooperation amongst related non-public sector stakeholders and improve their involvement in creating insurance policies and making selections that will profit society.
Sarah Shaw, Director of the Nationwide CSR Fund – MAJRA, stated: “At MAJRA, we’re dedicated to aligning the capabilities of the non-public sector with our nation’s nationwide priorities within the areas of company social accountability, sustainability and sustainable affect. As a part of our efforts to reinforce consciousness of CSR throughout companies, we create an ecosystem that may measure the affect of CSR initiatives within the UAE and assess their effectiveness, in addition to develop a framework to guage firm contributions and the affect of those contributions.”
The retreat featured quite a lot of dialogue classes centred on 5 nationwide precedence axes, together with schooling, arts, tradition and historical past, the surroundings, well being care, and expertise, to develop proposed initiatives. The members had been divided into two essential classes, with the primary group, ‘essential group segments,’ representing youth and college students, girls and ladies, the aged, individuals of willpower, and households and the second group, ‘secondary group segments,’ indicating small corporations, entrepreneurs, artistic specialists, third sector establishments and group members.
Throughout the Affect Retreat, members reviewed a wide selection of modern and artistic concepts that assist the Fund’s growth initiatives and construct new foundations for society. Over the course of the subsequent three years, MAJRA will implement a number of chosen initiatives in keeping with its targets of mitigating the urgent social points and advancing the UAE’s imaginative and prescient of sustainability and prosperity.