16th July, 2019: Al Naboodah Group Enterprises (ANGE), the management company for one of the UAE’s oldest and most respected family conglomerates, received the Most Sustainable Business Model prize at the Gulf Sustainability and CSR Awards Ceremony 2019 for the second consecutive year.

Swaidan Saeed Juma Al Naboodah, Managing Director at Al Naboodah Group Enterprises said: “We are extremely proud to receive this recognition as it reinforces our commitment to building a sustainable business model. As a successful family-owned conglomerate, we are conscious of our responsibility towards future generations as well as maximizing our stakeholder value.”

The accolade adds to ANGE’s incredible award-winning trajectory in 2018, including:

The latest award coincides with the release of ANGE’s third sustainability report, which is developed in accordance with the Global Reporting Initiative’s sustainability standards. The report outlines ANGE’s accomplishments in implementing sustainable practices aligned with UAE Vision 2021’s agenda.

A strategic approach to sustainability

In 2018, ANGE solidified its position as an Emirati company with a global outlook on sustainability extending beyond its borders and aligned its sustainability objectives with the United Nation’s 17 Sustainable Development Goals (SDGs), which provide a global framework to end poverty, protect the planet and ensure all people enjoy peace and prosperity. Furthermore, ANGE became an official signatory to the ‘United Nations Global Compact’ (UNGC), which implied the adoption and incorporation of the 10 principles of UNGC into ANGE’s strategy and policies to operate its business responsibly by adhering to terms relating to human rights, labour, environment and anti-corruption. The adoption of the principles makes ANGE part of an elite global community of 13,000 participants.

Fatima Ahmed Saeed Al Naboodah - General Manager, Sustainability, at Al Naboodah Group Enterprises said: “At the heart of our sustainability approach is the belief that understanding the needs and challenges of all our stakeholders – customers, employees, suppliers, local community, and the environment – and incorporating them into our enterprise strategy enables us to engage in value creation activities, which are central to achieving business growth and maintaining a sustainable competitive advantage.”

Abdullah Mohammed Juma Al Naboodah, Chairman of Saeed & Mohammed Al Naboodah Holding, commented: “The vision of the two founding fathers of our Group runs parallel to that of the government of the UAE. We believe in ‘Preserving our Heritage and Working for a Sustainable Future’.”

“The 2018 sustainability report exhibits our efforts while noting ANGE’s commitment to constant enhancements and improvements in order to create value for our future generations. Our organization’s vision aligns with the Sustainability Pillar of the UAE’s Vision 2021. We are mindful and conscious of our responsibility towards improving the quality of our air, reducing our carbon footprint, preserving our precious water resources, increasing our efficiency to consume clean energy and implementing a green growth plan. We have made a great start in improving our stakeholder dialogue while focusing on supporting locally-based SMEs to boost the overall economy of the UAE,” he added.

Source: Al Bawaba