ESG news in the Middle East | Page 2

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

What every CEO should ask and do to drive sustainability For climate change to succeed, every CEO will need to take their responsibility, as part of the private sector’s contribution to the needed transition.
10 August 2024
Foresight Consulting helps Giza Systems with ESG strategy and GRI Report Giza Systems, a subsidiary of solutions by stc, has released its inaugural GRI Report, developed in collaboration with Foresight Consulting and IdealRatings.
02 August 2024
Spotlight: Awtada’s offering for investor relations in Saudi Arabia Saudi management consultancy Awtada helps organisations in the Kingdom with a range of services. One of its offerings focuses on helping listed companies with investor relations.
29 July 2024
Data will play a major part in reaching net-zero by 2050 Industries around the world need to halve their emissions by the end of this decade in order to achieve net-zero goals by 2050.
04 July 2024
GRI and IFRS unite to set new sustainability reporting standard The expanded collaboration between the Global Reporting Initiative (GRI) and the International Financial Reporting Standards (IFRS) Foundation signifies a pivotal moment for corporate sustainability
27 June 2024
Strategy& partners pen book on GCC’s green energy opportunity Strategy& Middle East partners Yahya Anouti and Shihab Elborai have authored a new book which argues that the GCC region would realise significant gains by transitioning its energy sector now.
11 June 2024
AFCM partners with Sustainable Square on driving ESG progress The Arab Federation of Capital Markets (AFCM) has signed a memorandum of understanding with Sustainable Square, with the aim of collaborating on initiatives that advance the adoption of ESG and susta
31 May 2024
Mining industry moving ahead with ESG amid challenges The mining industry is behind on ESG, but that is likely to change.
15 May 2024
The benefits of adopting ESG and how to get started There is mounting evidence that ESG can act as a catalyst for business growth, on the back of improvements to brand reputation, financial performance, and investor appeal.
15 March 2024
Funding ESG ambitions while navigating cashflow challenges While ESG is high on the priority list for most businesses, many struggle with funding their goals, with ESG implementation putting significant stress on financials and cashflows.
12 March 2024
ESG propelled to the top priority for CFOs in 2024 Finance leaders at companies around the world rank ESG as their top priority in 2024, up from ‘only’ 14th position at the same time last year.
11 March 2024
Life Cycle Assessment as a driver for sustainability progress In the world of corporate sustainability, the concept of Life Cycle Assessment is emerging as a pivotal tool.
11 March 2024
NikKhah Consulting launches circular economy proposition NikKhah Consulting has launched a new circular economy advisory offering, aimed at helping its clients across the Middle East embrace the transition to circular economy principles – from design throu
25 January 2024
ASCELA cements ESG commitment by joining UN Global Compact International consulting firm ASCELA has joined the United Nations Global Compact, reinforcing its commitment to responsible corporate practices and sustainability.
22 January 2024
Listed MENA companies trail global counterparts in ESG performance The average environmental, social, and governance (ESG) performance for publicly listed companies in the MENA region are behind those of other regions, according to a new benchmark.
21 December 2023
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
Palladium issues ESG challenge at World Government Summit in Dubai At the World Government Summit in Dubai, Robert Kaplan – thought leader at Palladium and co-creator of the Balanced Scorecard – emphasised the region’s urgent need to integrate ESG into its transform
26 April 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

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