Gulf International Bank (UK) Appoints Victoria Barron as Chief Sustainability Officer
Gulf International Bank (UK) has appointed Victoria Barron as its new chief sustainability Officer. Barron brings extensive experience in ESG and sustainability, having previously led such initiatives at major financial institutions. In her new role, she will drive GIB’s sustainability strategy, integrate ESG principles across the bank’s operations and ensure alignment with global sustainability standards.
PwC Survey Finds Perspective Conflict Between Business Leaders and Employees
A recent PwC survey revealed that 80 percent of Middle Eastern business leaders have implemented sustainability strategies. However, employees prioritize fair pay over ESG initiatives. The survey polled business leaders and employees across the region and found that ESG is gaining traction at the leadership level. However, employees are more concerned with compensation and job security. This disconnect highlights businesses’ challenges in balancing financial incentives with sustainability goals. Companies may need to better align their ESG initiatives with employee values to achieve broader organizational buy-in and long-term success.
EAD Secures ISO Accreditation for Soil Quality Monitoring Program
The Environment Agency – Abu Dhabi has secured ISO accreditation for its Soil Quality Monitoring Program, reinforcing its commitment to environmental excellence. The certification recognizes EAD’s efforts to implement robust soil monitoring practices that meet international standards. This program is critical in assessing and managing soil health in the UAE, contributing to sustainable land use and agricultural practices.
Jordan’s Renewable Energy Fund Partners with USAID
Jordan’s Renewable Energy Fund has announced a strategic partnership with the United States Agency for International Development to accelerate the development of renewable energy projects nationwide. This collaboration aims to enhance Jordan’s energy security, reduce dependency on fossil fuels, and promote sustainable energy solutions. The partnership will focus on funding and supporting the deployment of renewable energy technologies, particularly in underserved communities.
Scatec and Aeolus Partner for Two 60 MW Solar Plants in Tunisia
Norwegian renewable energy company Scatec has partnered with Aeolus to develop two 60 megawatts solar power plants in Tunisia. This collaboration marks a significant step forward in Tunisia’s renewable energy journey as the country seeks to increase its reliance on clean energy sources. The solar projects are expected to generate substantial renewable energy, reduce carbon emissions, and support Tunisia’s energy diversification and sustainability goals.
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Middle East ESG Weekly Round-Up
