Prominent Middle East-based shopping centre and leisure company, Majid Al Futtaim, has announced its involvement as an Associate Pathway Partner in the upcoming 28th UN Climate Change Conference (COP28) scheduled to take place in Dubai from 30 November to 12 December.
As an official COP28 partner, Majid Al Futtaim plans to utilise its regional leadership in sustainability to contribute to global discussions on climate change, with a particular focus on sustainable finance, food security, education, and decarbonisation.
Executives from the company will engage in conversations aimed at informing and encouraging action within the private sector, aligning with ongoing sustainability commitments.
Targeting net positivity by 2040
The company remains on track to achieve its goal of becoming net positive in carbon and water by 2040. Currently in the second phase of its sustainability journey, Majid Al Futtaim is actively working towards its 2028 Sustainable Business Commitments.
These commitments aim to positively impact climate resilience and inclusive economic development.
CEO stresses Emirati role in addressing climate crisis
Ahmed Galal Ismail, CEO at Majid Al Futtaim – Holding, highlighted the company’s role in raising awareness and fostering action to address the growing climate crisis:
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“As an Emirati-based company, becoming an official COP28 partner means stepping up our responsibility to help build awareness and drive action to address the growing climate crisis. Our engagement at the Conference of Parties will focus on strengthening impactful partnerships, addressing policy advocacy, and outreach through education,” said Ismail.
He also underscored the company’s decade-long commitment to sustainability, citing milestones such as installing the net positive by 2040 pledge in 2017 and the listing of a corporate Green Sukuk in 2019.
Explore Majid Al Futtaim’s presence at COP28
Conference attendees are invited to explore Majid Al Futtaim’s contributions at COP28, including its showcase at stand 127 in the Innovation and Technology Hub in the Green Zone.
Additionally, visitors can experience Carrefour’s store in the Blue Zone at Expo City Dubai during the conference.
Majid Al Futtaim’s participation in COP28 reflects its focus on sustainability and adds to the ongoing global conversation on climate change, says the company.