The Dubai Chamber has entered into a memorandum of understanding with “Ahya for Information Technology,” a company specializing in sustainability solutions based on artificial intelligence, aimed at promoting commitment to responsible business practices across various sectors and supporting leading companies in adopting environmental, social, and governance (ESG) standards.
This memorandum outlines a plan to enhance collaboration for developing the capabilities of companies certified by the Dubai Chamber in ESG standards, contributing to their sustainability goals, achieving carbon neutrality, and aligning their operations with the Federal Decree Law No. (11) of 2024 on mitigating the impacts of climate change and the UAE’s 2050 Climate Neutrality Strategy.
According to Khalid Al Ghurair, Deputy CEO for Commercial and Corporate Services at the Dubai Chamber: “We are committed to encouraging businesses operating in Dubai to embrace sustainable practices that enhance their efficiency and long-term competitiveness. Our focus is on empowering the business community in Dubai and supporting its transition towards more sustainable models, solidifying Dubai’s position as a global leader in adopting best practices in governance and corporate responsibility.”
Salal Hassan, CEO and founder of “Ahya for Information Technology,” commented: “In line with the UAE’s 2050 Climate Neutrality Strategy and the Federal Decree Law No. (11) of 2024, we are committed to transforming emissions management and sustainability reporting, moving from voluntary practices to legal requirements for all companies. Our commitment to sustainability, innovation, and leadership is more urgent than ever.”
He added: “We take pride in our partnership with the Dubai Chamber to provide companies with the necessary solutions for measuring, analyzing, and reducing their carbon emissions. We aim to turn sustainability into a competitive advantage that fosters their growth and prosperity, and we look forward to collaborating closely to accelerate the transition to climate neutrality with precision and transparency to achieve economic growth.”
Under this memorandum, both parties will collaborate to initiate projects that enhance ESG practices by offering exclusive, preferential, and tailored incentives with added value for companies certified by the Dubai Chamber. They will also develop knowledge resources, such as guideline tools designed to enhance the capabilities of these companies.