UNITY FOR CHANGE - أفق INITIATIVE: TRANSFORMING UAE RETAIL SUSTAINABILITY STANDARDS

1. Energy Efficiency 1. Energy Efficiency 2. Eco-Design 3. Waste Management Next Steps The alliance will maintain momentum through actionable steps: "This announcement marks a bold step forward in our collective mission to reduce carbon emissions and waste across the UAE's retail landscape,"saidFlorence Bulte, Chief sustainability officer, Chalhoub Group. "One year on from the creation ofUnity for Change, this partnership reflects our communal dedication to...

DUBAI, 19/12/2024 (informazione.it - comunicati stampa - ambiente)

1. Energy Efficiency

2. Eco-Design

3. Waste Management

Next Steps

The alliance will maintain momentum through actionable steps:

"This announcement marks a bold step forward in our collective mission to reduce carbon emissions and waste across the UAE's retail landscape," said Florence Bulte, Chief sustainability officer, Chalhoub Group. "One year on from the creation of Unity for Change, this partnership reflects our communal dedication to sustainability. By aligning our goals and pooling resources with LVMH, Emaar Malls Management (L.L.C.), Majid Al Futtaim, and Aldar Properties, we are redefining sustainability for the Middle East's retail sector and leading ESG goals across the region's prominent luxury market."

Saoud Khoory, Chief Retail Officer, Aldar Investment said: "we are pleased to be part of this important sustainability collaboration, which brings together some of the largest retail players operating in the UAE. At Aldar, sustainability is at the core of everything we do, and our commitment to a net-zero future aligns with leading global real estate industry benchmarks. We recognize that impactful climate action requires collaboration, and we look forward to implementing the new sustainability framework across our retail assets. By adopting a whole value chain approach and working closely with our partners, we aim to create climate resilient places that deliver long-term social and economic value in the UAE and beyond."

Ahmad Al Matrooshi, Executive Director, Emaar Properties, said: "At Emaar Malls Management (L.L.C.), sustainability is not just a goal; it is a responsibility we embrace wholeheartedly. Through Unity for Change, we proudly join industry leaders to redefine environmental stewardship in the retail sector. This marks a pivotal step in our commitment to eco-friendly innovation, energy efficiency, and waste reduction."

Commenting on the progress made on Unity for Change, Ahmed El Shamy, Chief Executive Officer, Majid Al Futtaim Properties, said: "It's been truly inspiring to see how the Unity for Change initiative has evolved since its announcement at COP28 last year. At Majid Al Futtaim, we are proud to stand alongside other industry leaders in this transformational partnership that reflects the urgency of tackling climate change. By uniting expertise and resources, we have outlined actionable goals to address critical challenges in waste management, energy efficiency, and eco-design, setting a scalable model for sustainability in the retail sector."

"One year after the launch of Unity for Change, we are proud to see this pioneering collaboration in the UAE deliver a robust sustainability framework for the retail sector. By addressing key areas such as energy efficiency, eco-design, and waste management, this initiative reflects our collective ambition to redefine retail practices in harmony with environmental priorities. This milestone, presented during the LIFE 360 in Stores Awards, embodies the spirit of 'Joining Forces' to drive meaningful transformation and underscores our unwavering commitment to addressing climate challenges," said Hélène Valade, LVMH Environmental Development Director.

The findings and finalized objectives of this initiative were officially presented on December 12th in Paris, France, during the LVMH "LIFE 360 in Stores Awards" ceremony.