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Sustainability news in the Middle East | Page 2
An overview of news, trends and research in Sustainability consulting in the Middle East:
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Bain & Company partners with World Green Economy Organization at COP29
Global strategy consulting firm Bain & Company has announced that it will serve as the official knowledge partner of the World Green Economy Organization at the upcoming COP29 in Azerbaijan.
25 October 2024
Accelerating industrial decarbonization at scale requires cross-industry action
The world has already passed the halfway mark between the signing of the Paris Agreement and its first major deadline – cutting emissions by roughly 50% by 2030 to stay below 1.5 degrees Celsius.
18 October 2024
The prioritization of sustainability among CEOs has dropped amid challenges
There had been a decline in the prioritization of sustainability on the part of CEOs, according to a global Bain & Company report.
09 October 2024
Electric mobility offers GCC utility companies a green growth opportunity
As the road to electrification shifts gear, the growing need for EV infrastructure poses an appealing opportunity for utility companies, write Carlo Stella and Philipp Seidel from Arthur D. Little.
29 August 2024
How digital banking is driving the UAE's sustainability agenda
As the UAE aims to mobilize over AED 1 trillion in sustainable financing by 2030, Abbas Basrai – partner and head of Financial Services at KPMG Lower Gulf – outlines how the evolution of digital bank
22 August 2024
Why ESG matters for businesses in the Middle East
The topic of environmental, social, and governance (ESG) is rapidly gaining momentum in the Middle East.
14 August 2024
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
Circular economy a major opportunity for waste management sector
The majority of waste in countries around the world is not managed effectively – and in order to address the climate emergency, a global, collective efforts is needed to address this mounting issue.
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
Bain leaders urge speeding up SME sector decarbonization
While corporates and large organizations are seemingly on track for net-zero pledges, small and medium-sized enterprises (SMEs) are lagging in their decarbonization efforts.
10 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
Turkey sees growth in renewable energy and hydrogen
Renewables and hydrogen energy are a big part of newly added energy capacity in Turkey, according to a study from global strategy consulting firm Kearney.
14 May 2024
UAE banking sector taking more initiative in sustainability
The UAE banking sector will play a crucial role in facilitating the country’s shift towards a more sustainable economy.
13 May 2024
Entertainment industry playing a lead role in Saudi transformation
The entertainment industry in Saudi Arabia has seen a serious boost in recent years as the country continues on its course to becoming a hub for leisure – and overall a place for the wealthy to spend
30 April 2024
Energy executives less optimistic on 2050 energy transition progress
Executives in the energy and natural resources industry are expecting a slowdown in the progress of the energy transition. That is according to a new report from Bain & Company.
15 April 2024
Decarbonization of facility management a growth opportunity
The decarbonization of KSA’s facility management market is expected to accelerate in the coming years, presenting industry players with dynamic growth opportunities.
15 April 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
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
Hisham Farouk 'Financial services at heart of climate change impact'
The UAE chief executive of global professional services firm Grant Thornton, Hisham Farouk, outlines why the financial services sector plays a pivotal role in climate change conversations and impact
15 February 2024
Report urges leaders to turn sustainability strategy into action
A resounding 91% of organizations in the MENA region believe that they will have to enact some change at the core of their operations in order to become sustainable.
14 February 2024
Greener built environment could meet over 50% of net zero goals
Pushing for innovations in sustainability within the construction sector and overall built environment in the Middle East could eventually allow countries to meet more than 50% of the net-zero greenh
29 January 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
‘Make the food system regenerative, sustainable and healthier’
The interconnected issues of bad health and environmental damage that stem from today’s food system comes with a huge price tag.
23 January 2024
Accenture to help e& shape and drive sustainable procurement strategy
Hot on the heels of unveiling its upped net zero commitment for its operations, e& has selected Accenture as its strategic partner for the procurement side of its ambition.
28 December 2023
Embracing the circular economy for a more sustainable future
In an era marked by rapid industrialization, consumption, and resource depletion, the concept of the circular economy has emerged as a beacon of hope for a sustainable future, writes Amir NikKhah, Ma
26 December 2023
Investing in green energy projects could double GDP growth of Gulf
The GDP of the Gulf countries could increase by more than double by 2050 if the oil-rich countries move to embrace a green growth strategy.
20 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
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