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ES NG
IN THE BILITY
From the UAE to Saudi , these organisations are not only putting ESG at the heart of their own operations , but pioneering solutions to shape a more sustainable world
WRITTEN BY : KATE BIRCH
While the Gulf nations are major oil and gas producers , they are increasingly playing a significant role in supporting global efforts to achieve net-zero with five of the six GCC states ( Bahrain , Oman , Kuwait , Saudi and the UAE ) committed to achieving net-zero targets . Many too , the UAE and Saudi especially , have made significant strides in rolling out lowcarbon energy investments and initiatives and there are clear signs that financial institutions are increasingly participating in financing sustainable and climate-friendly projects .
The region ’ s sovereign wealth funds have been a key part of efforts to support green investments , while government-backed megaprojects like Saudi ’ s NEOM and Abu Dhabi ’ s Masdar City are paving the way for truly sustainable living .
And so , in this Year of Sustainability for the UAE and in the run-up to COP28 , which takes place in the UAE in Nov / Dec 2023 , we pay tribute to ten GCC-based companies spearheading change regionally and pioneering solutions to help shape a more sustainable world .
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