UAE National CSR Fund reviews plans to increase private sector support for social development

DUBAI: The National CSR Fund – Majra recently held its fourth Board of Trustees meeting focused on assessing progress and planning future strategies to enhance corporate social responsibility (CSR) and sustainability in the UAE.

Al Marri praised the UAE’s advancements in CSR, noting how the Fund helps align private sector efforts with national goals and sustainable development targets.

Key attendees included Hessa Bint Essa Buhumaid from the Community Development Authority, Abdullah Al Saleh from the Ministry of Economy, Mubarak Al Nakhi from the Ministry of Culture and Youth, Aisha Ahmed Yousef from the Ministry of Community Development, and several other high-ranking officials and community leaders.

Sarah Shaw, Director of the National CSR Fund – Majra, highlighted that the meeting was a crucial step for discussing future strategies and building on past achievements. She emphasized the goal of inspiring businesses to create a lasting social impact.

The meeting reviewed Majra’s financial reports and the “Impact Index,” which assesses performance in Environmental, Social, and Governance (ESG) areas. Over 80 companies committed to sustainability were awarded the “Impact Seal.”

The Board set out a forward-looking vision to increase private sector contributions to national development and stressed the importance of raising awareness about CSR and sustainability. They discussed new strategies for addressing social responsibility and encouraged companies to follow mandatory sustainability disclosure plans.

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The meeting ended with a commitment to strengthen public-private sector collaboration to further the Fund’s mission of promoting sustainable development in the UAE.