UAE News Today : Business

Majid Al Futtaim Retail and its 16 partners commit to collaborative impact goals at COP28

Under the auspices of the Ministry of Climate Change and Environment (MOCAE), Majid Al Futtaim Retail, which holds the exclusive rights to operate Carrefour in the United Arab Emirates, has joined, along with 16 of its fast moving consumer goods (FMCG) partners in the 28th Conference of the Parties (COP28), the commitment to make a joint effort to advance the forum’s Collaborative Impact Goals (CIG), demonstrating a progressive step for the retailer in combining forces to deliver a sustainable future.

The event, which took place at the UAE Pavilion in the Green Zone, was attended by Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, together with FMCG partners. Through this initiative, Carrefour and its industry partners are setting a benchmark for end-to-end sustainability operations, future-proofing modern retail by ensuring a safe future for the planet and surrounding local communities.

According to the commitment, which includes three IGCs, Majid Al Futtaim forks Carrefour Consumer goods partners are mandated to commit to IGC 1, which targets greenhouse gas emissions. Committed members agree to measure, report and activate measures to reduce the carbon emissions of their respective products found on Carrefour shelves. Members’ joint efforts will aim to meet Carrefour’s goal of eliminating one billion kilograms of CO2 by 2030. IGC 1 is a mandate for suppliers as part of Carrefour’s commitment to reduce the significant contribution of 93% of its Scope 3 emissions. This aligns with Carrefour’s efforts to improve energy efficiency and sustainability throughout the supply chain. Following the mandatory objective, parties can implement IGC 2 and IGC 3, which focus on sustainable packaging and healthier and more sustainable products, respectively.

Mariam Almheiri saying,

“As holder of the COP28 presidency, the UAE has put food security at the top of the agenda. On the second day, 134 nations endorsed the UAE Declaration on Sustainable Agriculture, Resilient Food Systems and Climate Action, ensuring that sustainable agriculture and food systems are integrated into future national climate action. But the private sector, including retail businesses in the UAE, has an important role to play in the fight against climate change and in helping us achieve our national goal of net zero emissions by 2050. Seeing businesses commit to the Climate Goals Collaborative Impact and take meaningful action to reduce greenhouse gas emissions in their supply chains. “Today’s commitment from Majid Al Futtaim Retail is another important step towards a greener and more sustainable future.”

Hani Weiss, CEO of Majid Al Futtaim – Retail, commented,

“At Majid Al Futtaim, we have long taken an action-oriented approach to our sustainability efforts, seeking meaningful partnerships and exercising maximum transparency across all our products so that our Carrefour customers make more informed and sustainable decisions. I would like to thank our 16 influential industry partners, who have committed to sustainability as a lifelong cause to revolutionize modern retail to improve the environment and our communities. I would also like to extend my gratitude to Mariam Almheiri, for recognizing and trusting Carrefour’s proactive efforts to achieve our sustainability goals.”

He added,

“Whether in the past, present or future, we have always strived to seek innovative and attractive solutions to reduce our carbon footprint. “Through awareness, education and action, we are empowering our suppliers, people, partners and, most importantly, our customers, to create lasting change.”

The commitment comes after the successful launch of the Supplier Sustainability Forum Earlier this year, a commitment signed by consumer goods partners in partnership with the United Arab Emirates Ministry of Climate Change and Environment (MOCCAE) and the Dubai Chamber of Commerce. Such ambitious initiatives position Carrefour as a leading retailer within its industry landscape that proactively addresses global challenges with transparency and credibility.

After the commitment, the Supplier Sustainability Forum aims to establish working groups in 2024 to identify priority projects for each of the IGCs.

News source: Emirates News Agency

Social Links : Facebook : Twitter : Youtube  : Linkedin  : Instagram : Pinterest : TikTok : Wordpress : Google : Blogger : Medium : All-Online-Marketing.com

Our Partners : internetmarketingseo2.info : freelanceseoguru.com : aditechseoservices.com : bestwebdesigners.info : cheapwebhosting247.com : webdesigndubai.pro : thewebhostingreview.info : wolfspiritwebdesign.com : traffic-exchange-reviews.info : bluerosewebsitedesign.com : bestbusinessdirectory.org : websitedesigningcompanyindubai.com : breakingnewstoday.info : fastreviews.org : topvideoshare.com : onlinefinancialtrading.com : onlinelivenews24.com : freeweightlossguideonline.com : bestbusinessdirectory.org : startonlinebusiness.info : passiveincomeformula.net : superbusinessservices.com : dubaishoppingoffers.com : alldubai.ae : alluae.ae : ione.ae :

UAE News Today : OnlineLiveNews24.com

UAE News Today : Latest UAE News, Dubai, Abu Dhabi, Sharjah & Middle East News : Get the latest updates & breaking headlines news from across the UAE including Dubai and Abu Dhabi UAE. Get the latest update on UAE, business, life style, UAE jobs, gold rate, Exchange rate, UAE holidays, Dubai police, RTA and prayer times from UAE's largest news. https://all-online-marketing.com/

Related Articles

Back to top button