11th cycle of Arabia CSR Awards launched

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12 award categories this year to entities that demonstrate leadership and commitment to corporate sustainability

11th cycle of Arabia CSR Awards launched

Dubai, January 18- The 11th cycle of the Arabia CSR Awards was launched on Wednesday with the introduction of a new sector-specific category in the awards this year.

The Arabia CSR Awards recognise and honour organisations in the Arab region that demonstrate outstanding leadership and commitment to corporate sustainability.

 With the introduction of a new sector-specific category, the awards will be spanning 12 categories this year, raising the bar for both intra-sector and cross-sector competition. The categories are Public Sector, Large, Medium, Small, Energy, Financial Services, Social Enterprise, Construction, Hospitality, Health care, New Business and Partnerships and Collaborations.

The awards is in collaboration with the United Nations Environment Programme (UNEP) and externally verified by one of the world’s most reputed providers of business assurance, DNV-GL. The criteria of the award are derived from global and regional frameworks and standards, namely, the UN Global Compact Ten Principles, GRI and the European EFQM business excellence model.

As many as 826 organisations representing 31 sectors have registered to participate in the awards, with more than 1,000 applications recorded, 13 countries covered and 161 awards conferred on the CSR champions of the Arab world over the last 10 years.

Habiba Al Marashi, Arabia CSR Network president and CEO, said the Arabia CSR Awards are seen as the Arab region’s own benchmark in CSR and sustainability.

“Using the application process, hundreds of organisations have been able to upgrade their CSR and sustainability practices and brought it into alignment with international standards and best practices. This is primarily the reason for its popularity and why it has grown in stature over the years to become the most highly coveted CSR and sustainability award among Arabian companies and government establishments,” Al Marashi said.

“We hope this year we will be able to overreach the targets set for the awards and bring in more Arab countries within its fold through strengthened collaborations and targeted messages to organisations in our region.”

During the launch of the new cycle, the 2017 winners were presented and they shared how the awards had taken them the extra mile on their sustainability journeys.

Courtesy: Gulf News

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