Middle East ESG Weekly Round-Up
Main ESG events happened at Middle East in the last week
UAE Universities Climate Network Launches Nationwide Climate Survey
The UAE Universities Climate Network (UCN) has initiated a nationwide climate survey to gather insights on climate change awareness and perceptions. Targeting students, academics, university administrators, and potential employers, the survey seeks to understand the current state of climate consciousness ahead of COP29, which will be held in Baku, Azerbaijan, later this year. The findings from the survey will help shape future educational programs and policies to address climate change challenges better.
Environment Agency – Abu Dhabi Launches Noise Mapping Initiative
The Environment Agency – Abu Dhabi (EAD) has announced a new initiative to map noise levels across the emirate. This project aims to identify and analyze noise pollution sources to develop effective strategies for mitigating noise-related issues. By creating a comprehensive noise map, EAD seeks to improve urban living conditions and ensure a healthier environment for residents. This initiative is part of EAD’s broader efforts to enhance environmental quality and public health in Abu Dhabi through data-driven policies and interventions.
LinkedIn Data Shows Gen Z in UAE Favor Green Jobs
New data from LinkedIn reveals a significant trend among Gen Z professionals in the UAE toward green jobs. The data indicates that climate awareness and eco-anxiety drive this demographic to prioritize sustainability in their career choices. 61 per cent of Gen Z professionals reported that they would reject a job offer if the employer’s green policies did not align with their values. This trend highlights the growing importance of environmental responsibility in the workplace and the need for companies to adopt and communicate their sustainability practices effectively to attract and retain young talent.
SingAuto Plans “World’s Largest” Commercial EV Industrial District in UAE
SingAuto has unveiled plans to construct the world’s largest commercial electric vehicle (EV) industrial district in the UAE. This ambitious project aims to position the UAE as a global leader in the EV industry, fostering innovation and sustainable transportation solutions. The industrial district will feature state-of-the-art manufacturing facilities, research and development centres, and an extensive supply chain network to produce commercial EVs.
ADNOC and JBIC Sign $3 Billion Green Financing Agreement
Abu Dhabi National Oil Company (ADNOC) and the Japan Bank for International Cooperation (JBIC) have signed a landmark $3 billion green financing agreement. This deal aims to support ADNOC’s ongoing efforts to reduce carbon emissions and invest in sustainable energy projects. The agreement includes funding for renewable energy initiatives, carbon capture and storage technologies, and other green infrastructure developments.
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