• Omani company is first in the region to receive the CSR Label
• Buamim: 137 CSR Labels have been awarded since its launch and has become a model for organisations seeking to foster responsible business practice
Dubai, UAE: The Dubai Chamber of Commerce and Industry honoured 18 companies for their corporate social responsibility and sustainability efforts during a recognition ceremony held at its premises on Tuesday.
With these presentations, the total number of Dubai Chamber CSR Label presented to companies seeking recognition for their CSR efforts has reached 137 since the inception of the initiative in 2010.
The Dubai Chamber CSR Label was presented for the first time to Acer, Al Nimr Steel Trading L.L.C., Al Shafar General Contracting L.L.C. and to four Emirati SMEs including BETA Information Technology, Empower, Etechan International, Quick Registration and Mirak Group of Companies while Veolia Oman became the first company in the GCC region to receive the Label.
MAB Facilities Management L.L.C., SamTech Middle East, Veolia, ZAFCO FZCO, InfoFort and Zulekha Hospital received it for the second time while National Bank of Abu Dhabi (NBAD) and UAE Exchange got it for the third time and Qurum Business Group for the fourth time.
During the honouring ceremony, H.E. Hamad Buamim, President and CEO, Dubai Chamber, congratulated the 18 honourees for their dedication to integrate CSR into their governance and strategy.
These businesses are leading by example and helping to spread awareness about the importance of having CSR goals and objectives which he said leads to increased demand for their products while enhancing the companies’ reputation in the market place as responsible business organisations as well as boosting consumer confidence in their trading circle.
‘‘The Dubai Chamber CSR Label is indeed a first-of-its-kind programme developed in the Middle East to help companies apply responsible business practices while inspiring other like-minded organisations in the sphere of CSR and sustainability to follow suit,’’ he said.
The CSR Label’s popularity can be gauged from the number of companies across Dubai and the GCC which are incorporating CSR, with success, and they are applying new trends and techniques from across the world, said H.E. Buamim.
The President and CEO of Dubai Chamber expressed his happiness in the CSR Label initiative launched way back in 2010 by the Chamber’s Centre for Responsible Business initiative which marked its 10th anniversary last year and has launched many key initiatives that have helped to lead and promote CSR in Dubai.
On their part, the honourees lauded the role of Dubai Chamber in allowing them a framework to define and improve their corporate social responsibility performance as well as the opportunity to promote their activities, and to enhance their reputation as leaders in achieving sustainability.
The CSR Label is open to all organisations, private or public, regardless of their size, sector or operations and can make a major difference to a company’s reputation, efficiency and productivity and its success depends on how the CSR objectives are set and communicated to all of their stakeholders.