Dubai Chamber of Commerce, part of Dubai Chambers, recently hosted a virtual workshop on sustainability reporting, emphasizing its critical role in fostering transparency around Environmental, Social, and Governance (ESG) standards.
The session underscored how effective ESG reporting enhances investor confidence, strengthens consumer trust, and ensures regulatory compliance.
Organized by the chamber’s Centre for Responsible Business, the event drew 147 private sector representatives. Discussions centered on how sustainability reporting enables businesses to showcase ESG performance, manage risks, and engage stakeholders more effectively. Attendees also explored how robust reporting frameworks contribute to long-term value creation and help businesses stay competitive in a rapidly evolving regulatory landscape.
The workshop featured an overview of the Dubai Chamber of Commerce ESG Label, launched last year by the Centre for Responsible Business. This initiative supports companies in assessing their ESG maturity, gaining industry recognition, and driving business growth.
A key highlight was a presentation by the United Nations Global Compact UAE Chapter on its principles and reporting framework, offering insights into aligning corporate practices with global sustainability standards. Additionally, a case study from Transworld Group showcased the successful adoption of Global Reporting Initiative (GRI) standards, providing practical strategies for comprehensive sustainability reporting.
Since its inception, the Centre for Responsible Business has been instrumental in promoting responsible business practices across Dubai. Committed to advancing ESG excellence, the centre offers a range of tools, knowledge resources, and platforms to help companies integrate sustainability and governance into their operations, enhancing their market position and broader societal contributions.
News Source: Emirates News Agency
