News DeskAbu Dhabi, UAE – Al Masaood Group, a prominent business conglomerate in Abu Dhabi, has joined a growing list of environmentally conscious private sector companies in the United Arab Emirates by signing the “Climate-Responsible Companies Pledge” initiated by the National Dialogue on Climate Ambition (NDCA). This commitment reflects the company’s dedication to supporting the objectives of the Paris Agreement, aimed at limiting global warming to well below 2°C, preferably 1.5°C, compared to pre-industrial levels.
The signing of the ‘Climate-Responsible Companies Pledge’ marks a crucial milestone in Al Masaood’s ongoing sustainability journey. It underscores the company’s unwavering determination to combat climate change and reduce its carbon footprint. As part of this commitment, Al Masaood will measure and report its greenhouse gas (GHG) emissions while formulating ambitious strategies to align with national sector-specific climate targets. Furthermore, the company will actively collaborate with stakeholders, including suppliers, partners, and consumers, to encourage their participation in climate action, working towards the ambitious goal of achieving a net-zero United Arab Emirates by 2050.
Masaood Ahmed Al Masaood, Chairman at Al Masaood Group, emphasized the company’s deep-rooted commitment to sustainability, stating, “Sustainability is deeply ingrained in Al Masaood’s core values. We believe that collective action and partnerships are essential in tackling the global climate crisis. By signing the ‘Climate-Responsible Companies Pledge,’ we are taking a strong stand against climate change and demonstrating our commitment to a greener and more sustainable future. As we participate in the National Dialogue on Climate Ambition, we are excited to contribute to the UAE’s net-zero targets and work together towards a carbon-neutral future.”
The National Dialogue on Climate Ambition (NDCA) is a pivotal initiative by the UAE government designed to elevate climate change ambition and foster stakeholder and sectoral engagement in achieving climate targets. Through its involvement in NDCA, Al Masaood Group seeks to actively contribute to defining and elevating sector-specific climate ambition, supporting the United Arab Emirates’ net-zero emissions target, and playing a role in shaping a robust climate change strategy. Notably, the company is committed to developing inclusive approaches that involve women, youth, and vulnerable population segments in the creation of its net-zero plans.
Al Masaood’s commitment to the ‘Climate-Responsible Companies Pledge’ underscores the growing recognition among UAE businesses that environmental sustainability is an imperative for a resilient and prosperous future. The company’s active engagement in climate action and partnership with the government’s climate initiatives herald a greener and more sustainable future for the United Arab Emirates.
