Dubai Chambers has signed a memorandum of understanding with 'Ahia for Information Technology', a company specializing in AI-powered software solutions for sustainability. The goal is to encourage commitment to responsible business practices across various sectors and support leading companies in adopting ESG (Environmental, Social, and Governance) standards. According to a statement released yesterday, the memorandum aims to enhance cooperation for developing the capabilities of companies that have earned the Dubai Chambers' mark for ESG standards. This will help these companies achieve their sustainability goals, reach carbon neutrality, and align their operations with Federal Law No. 11 of 2024 on mitigating climate change impacts and the UAE's Climate Neutral Strategy 2050. Under the MoU, the two parties will collaborate on launching projects to promote ESG practices by offering exclusive, preferential, and customized incentives to companies with the Dubai Chambers' ESG mark. They will also develop knowledge resources, such as guidance tools designed to enhance these companies' capacities. The agreement also includes strengthening cooperation in digital solutions and innovative tools that help companies measure and assess their emissions and sustainability performance. Additionally, it will provide aggregated insights and analytics derived from these companies to support continuous improvement and policy development. Khalid Al Jarwan, Vice President of Commercial and Corporate Services at Dubai Chambers, said: 'We are committed to encouraging businesses in Dubai to adopt sustainable practices that enhance their efficiency and long-term competitiveness. We strive to empower Dubai's business community and support its transition to more sustainable models, reinforcing Dubai's position as a global leader in corporate governance and social responsibility.' In turn, Salal Hassan, CEO and Founder of 'Ahia for Information Technology', stated: 'In line with the UAE's Climate Neutral Strategy 2050 and Federal Law No. 11 of 2024 on climate change, we are embracing the journey toward emissions management and sustainability reporting, moving from voluntary practices to the legal requirements for all companies. Our commitment to sustainability, innovation, and leadership has become more urgent than ever.' He added: 'We are proud of our partnership with Dubai Chambers to provide companies with the necessary solutions to measure, analyze, and reduce their carbon emissions. We are working to turn sustainability into a competitive advantage that supports their growth and prosperity, and we look forward to close collaboration to accelerate the transition to climate neutrality with precision, transparency, and economic growth.'
