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ESG news in the Middle East | Page 2

An overview of news, trends and research in ESG consulting in the Middle East:

ESG rating leaders enjoy higher financial returns, says Kroll Organizations with better environmental, social, and corporate governance (ESG) ratings grow faster then their peers, according to a report by Kroll, which explores the intricate links between financ
20 December 2023
WEF's First Movers Coalition for Food supported by Bain & Company Within the purview of the COP28 climate change conference, the World Economic Forum (WEF) – in collaboration with the Government of the UAE and over 20 corporate and research partners including Bain
04 December 2023
‘COP28 can lead to global alignment funding to achieve net zero’ Companies that provide transparent climate-related disclosures and ESG reports are more likely to attract investors, says Ashley Taylor from Alvarez & Marsal.
03 December 2023
GCC advancing on ESG, but much work still needs to be done Around 80% of companies in the Gulf Cooperation Council (GCC) have an ESG strategy in place in 2023, up more than 15% on five years ago.
01 December 2023
Only 18% of companies on track to reaching net zero by 2050 Global companies are woefully behind in sustainability initiatives, with less than a fifth (18%) on track to meet net zero emissions by 2050.
28 November 2023
Three quarters of top 20 banks in MENA have ESG strategies Banks in the Middle East and North Africa (MENA) are increasingly embracing ESG as a key mantra of doing business – but at the same time, they are struggling to put words into action.
13 November 2023
ESG opportunities unfolding on the back of sustainable finance Countries in the GCC have in recent years made significant progress in developing their sustainable finance practices, with a focus on promoting a more sustainable financial services sector, encourag
15 September 2023
The Green Block launches: Web3 think tank and launchpad for ESG UAE-based Crypto Oasis Ventures has launched ‘The Green Block’, a new initiative aimed at promoting the use of Web3 technology for the realisation of environment, social and governance (ESG) goals.
23 June 2023
Riyadh Al Najjar (PwC): 'ESG can drive transformation' in GCC countries A strategy of setting ambitious Environmental, Social and Governance (ESG) targets and shifting away from oil to renewable energy has the potential to massively transform Middle Eastern countries.
17 May 2023
Gulf will need to embrace carbon offsetting to meet climate goals In order to avoid worsening the effects of climate change, governments must embrace carbon offsetting and the voluntary carbon market.
09 May 2023
Building trust in the Middle East through quality information The importance and nature of trust is evolving in the Middle East, with accurate and quality information at its core, writes PwC partner Mohamed Elborno.
12 April 2023
Abu Dhabi investor Ittihad taps Renoir Consulting for ESG strategy Abu Dhabi-based Ittihad International Investment has tapped Renoir Consulting as its consulting partner for the development of its Environmental, Social, Governance (ESG) strategy and framework.
20 March 2023
Kinetic Consulting and The Growth Activists team up for ESG offering UAE-based Kinetic Consulting has teamed up with leading Australian consultancy The Growth Activists to launch a new ESG offer in the Gulf region.
22 February 2023
Hani Tohme (Roland Berger) on the circular economy transition The fairly new concept of a circular economy – supported by green financing – is fast gaining importance given the current global developments, including the many global warming events being witnesse
14 February 2023
Net zero transformation is a new paradigm for corporates Net zero represents a new paradigm for corporates, bringing both threats and opportunities, write Hasan Shafi and Lucas Pedevilla from global management consultancy Arthur D. Little.
09 August 2022
The financial services sector is at the epicentre of ESG progress The movement towards a more sustainable and human-centric future continues to gain traction, and financial services institutions are not only at the epicentre of change – but also among its key drive
01 August 2022
ESG in the financial services sector: ‘Don’t be late to the party’ Financial services institutions globally and in the Middle East are expected to step up their ESG game.
06 July 2022
Bahraini leaders convene to discuss ESG in financial services Last week, over 80 senior leaders from across Bahrain’s financial services sector came together to attend a KPMG seminar dedicated to environmental, social, and governance (ESG) within the industry.
30 May 2022
Consumers are hybrid hunting bargains and more ESG minded The shopping behaviour of consumers in the Middle East is undergoing major change, with many of these changes likely to stick around for good, according to a new report by PwC.
17 May 2022
PwC and Strategy& report: ESG is on the rise in the Middle East ESG has spiralled to the top of the boardroom agenda in the Middle East.
25 April 2022
Meet KPMG's new ESG leader for the Middle East: Fadi Al-Shihabi In line with its global $1.5 billion-backed ESG ambition, KPMG is stepping up its investments in the Middle East ESG practice.
17 January 2022
ESG initiatives: A shot in the arm for the long-term values Abhishek Jajoo, the founder and chief executive officer of UAE-headquartered boutique consultancy AJMS Global, explains why the compliance function – as well as the boardroom – needs to take sustainab
13 August 2021
How a new way to think about ESG can create value for banks Governments around the world are rapidly evolving laws and regulations to stimulate the adoption of environmental, social and governance (ESG) practices.
20 July 2021
Risk, Cyber and ESG among top priorities for internal audit Ramping up risk management, cyber and sustainability goals are among the top priorities for Middle East internal audit leaders in the coming months, according to a new survey by Protiviti.
17 May 2021

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