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Dubai Chambers announced the signing of a Memorandum of Understanding (MoU) with Ahya Technologies, a company specialising in AI-driven sustainability solutions. The agreement aims to encourage responsible business practices and support the adoption of environmental, social, and governance (ESG) standards across multiple sectors.

The organisation revealed that both parties will work together to enhance the capabilities of companies awarded the Dubai Chamber of Commerce ESG Label. The collaboration will help these businesses meet their sustainability goals and progress towards net-zero. It will also support alignment with Federal Decree-Law No. (11) of 2024 on Limiting the Effects of Climate Change and the UAE’s Net Zero by 2050 Strategic Initiative.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, reported that the chamber remains committed to encouraging companies to adopt sustainable practices. He stated that these efforts enhance efficiency and long-term competitiveness. He added that Dubai Chambers continues to empower the emirate’s business community and reinforce Dubai’s position as a leading global destination for governance and corporate responsibility.

Salaal Hasan, Founder and CEO of Ahya Technologies, announced that emissions management and sustainability reporting are shifting from voluntary measures to legal requirements. He highlighted that this shift follows the UAE’s Net Zero by 2050 Strategic Initiative and the introduction of the new climate change law. He emphasised the company’s commitment to sustainability innovation.

He revealed that the partnership with Dubai Chambers will empower enterprises with solutions to measure, analyse, reduce, and report their emissions. He noted that sustainability is transitioning from compliance to competitive advantage. He added that the company aims to accelerate the shift to net-zero with accuracy and transparency.

The MoU also includes collaboration on projects that promote ESG practices. These initiatives will offer exclusive and customised value-added incentives to companies holding the ESG Label. The two parties will also develop knowledge resources such as tailored toolkits to further build corporate sustainability capabilities.

In addition, the agreement outlines cooperation on digital tools and innovative solutions to help companies measure emissions and assess sustainability performance. These tools will generate aggregated insights to support continuous improvement and policy development.

Key points include:

  • Support for companies holding the Dubai Chamber of Commerce ESG Label.
  • Development of digital tools for emissions measurement.
  • Joint projects promoting ESG and net-zero progress.

The Dubai Chamber of Commerce ESG Label was created by the chamber’s Centre for Responsible Business to recognise companies that advance practices benefiting society and the environment.

Dubai Chambers reported that the Centre for Responsible Business, established in 2004, has promoted responsible business in the emirate for more than two decades. It remains committed to motivating companies to adopt best-in-class ESG standards to enhance performance and competitiveness.

Source: Dubai Media Office