Dubai Chamber of Commerce hosts first CEO Sustainability Dialogue

The Dubai Chamber of Commerce, one of the three chambers operating under the Dubai Chambers umbrella, has successfully organized the inaugural edition of the ‘CEO Sustainability Dialogue’ as part of its annual Sustainability Week.

Organized by the Chamber’s Center for Responsible Business under the theme ‘Accelerating the Net-Zero Transition: CEO’s Perspective,‘The event brought together CEOs and senior management teams from various business sectors to discuss ways to accelerate the economic shift towards net zero emissions.

Hosted in Dubai Chambers Headquarters, the dialogue addressed the key role of the business community in achieving climate change mitigation goals, focusing on emerging opportunities created by the clean energy transition. The path to net zero emissions is set to reshape Dubai’s economy, support the growth of new industries and create sustainable pathways to value creation. The event provided an ideal platform for participants to engage in meaningful conversations, share innovative ideas and explore potential business opportunities.

The dialogue featured a series of presentations from guest speakers Yousif Bin Saeed Al Lootah, CEO of Lootah Biofuels; Dr Jasmina Locke, CEO of the SEE Institute; and Monaem Ben Lellahom, group CEO and founding partner of Sustainable Square. The three CEOs also participated in a special panel discussion, followed by an interactive question and answer session.

Mohammad Ali Rashed Lootah, Chairman and CEO of Dubai Chambers, commented:

“Today’s timely meeting represents another important step in uniting and supporting the private sector on our shared journey towards a sustainable future. Building on the momentum created by the UAE Year of Sustainability, our Center for Responsible Business has been working tirelessly to help members achieve their ESG goals through initiatives including our annual Sustainability Week, Label scheme ESG and our new Circular Economy Incubation Center. “We remain committed to strengthening collaboration between the public and private sectors, which will play a key role in advancing wise leadership’s sustainability agenda.”

The event featured a special presentation announcing the launch of the Dubai Circular Economy Incubation Center, a new initiative designed to help local businesses develop and share their circular economy ideas for policy consideration. A committee of circular economy experts from government entities, business associations and academics will oversee the review process and provide support and guidance in the development of selected projects to present to the Executive Council for government support.

As the United Arab Emirates prepares to host the prestigious COP28 climate summit, Dubai is emerging as a global pioneer in the clean and renewable energy sector. He Dubai Clean Energy Strategy has set the ambitious goal of generating 100% of Dubai’s energy production capacity from clean sources by 2050. The emirate’s plans are closely aligned with the UAE Energy Strategy 2050 and the UAE Net Zero by 2050 strategic initiative.

The Center for Responsible Business Sustainability Week has been taking place since October 9 – 13 and is the latest in a series of initiatives aimed at promoting the UAE’s sustainability agenda. In addition to CEO Sustainability DialogueHighlights of this year’s annual program include a green exhibition, a roundtable discussion and the launch of a premium online training platform designed to elevate capabilities in the fields of sustainability, ESG and CSR.

News source: Dubai Press Office