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DP World is charting a path to achieve sustainable growth in infrastructure and logistics services

Wednesday 24th Apr 2024    4
DP World is charting a path to achieve sustainable growth in infrastructure and logistics services
 

DP World has published its Sustainable Development Impact Disclosure (SDID) Report, making it the first company globally to embrace and disclose its development impact in focus countries in accordance with the Impact Disclosure Guidance recently issued by the DP World Impact Disclosure Task Force The company said in a statement that it invites participants and industry specialists to share their comments during a four-month public consultation period, from April 18 to April 1, to formulate and improve the guidance.

Disclosure He said that this forum serves as a framework for companies in the sector. Private and sovereign entities to demonstrate how to drive transformation through large-scale infrastructure development in emerging market and developing economies.

“The new Sustainable Development Impact Reveal represents our commitment to changing what is possible through infrastructure development. This disclosure not only demonstrates our commitment to sustainable development, but also paves the way for industry-wide responsibility. Sultan Ahmed bin Sulayem said, Chairman and CEO of DP World Group: “It is a call to action to catalyze positive change and drive sustainable infrastructure development on a global scale.”

The SDID, which has been developed in line with a recent disclosure guide issued by the The Impact Disclosure work, led by development finance institution JP Morgan and Natixis, uses impact measurement and monitoring to assess the impact of investments on advancing the UN Sustainable Development Goals and closing existing development gaps.

The company also said the report encourages transparency, accountability and real commitment. “Leveraging existing best practices” and resources, a five-step process has been defined to measure and detect the impacts of business strategies or plans. National development. “SDID is entity-wide, impact-oriented, forward-looking and context-specific,” he said.

“By publishing the Sustainable Development Impact Statement, DP World is demonstrating that it has an intentional Impact Disclosure and Development Finance Corporation Director JP Morgan: “They manage their business to deliver financial returns and development impact.

Commenting on the development, Cédric Merle, Co-Chair of the Impact Disclosure Working Group and Head of the Center of Expertise and Innovation within the Green Centre.” "Testing the Sustainable Development Impact Disclosure Guide will be critical to ensure that it provides the information needed to meet the specific needs and expectations related to the SDGs of investors and lenders," he said

 
 
 
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