DMCC Expands Sustainability Hub with Strategic Partnerships

DMCC, the world's leading free zone and Government of Dubai Authority on commodities trade, has announced a series of agreements aimed at enhancing the services offered through its recently launched Sustainability Hub.

The agreements were signed with key industry players, including S&P Global Market Intelligence (SPGMI), S&P Global Sustainable1, Earthly, and Climate Essentials.

These collaborations aim to provide members of the DMCC Sustainability Hub with exclusive access to essential tools, resources, and networks that promote effective Environmental, Social, and Governance (ESG) practices. This initiative reinforces DMCC’s commitment to establishing a robust ESG ecosystem in the region, supporting the UAE's Net Zero 2050 ambitions.

The partnership with SPGMI and S&P Global Sustainable1 grants members access to the S&P Global Corporate Sustainability Assessment (CSA), a leading tool for aligning business strategies with sustainability goals. Additionally, Climate Essentials will offer an easy-to-use platform for SMEs to calculate their carbon footprints, while Earthly will assist with customized carbon management strategies and access to verified carbon offset projects.

Feryal Ahmadi, COO of DMCC, emphasized the importance of these partnerships in maximizing positive impacts within the DMCC community, which consists of nearly 25,000 members.

“By enhancing access to critical ESG tools, we ensure that Dubai remains at the forefront of climate action,”

she stated.

The DMCC Sustainability Hub, launched in March 2024, fosters meaningful ESG change through a network of industry leaders, providing mentorship, networking opportunities, and access to ESG-focused venture capital.

News Source: Dubai Media Office