Issue No 309 - 08 June 2009
 
 
DPG releases corporate responsibility report

Dubai Properties Group, a member of Dubai Holding, has announced the release of its inaugural Corporate Responsibility Report that describes the group's philosophy, programs and achievements.

This is the first such report by a real estate company in the Middle East to be endorsed by the Amsterdam-based Global Reporting Initiative (GRI), the world’s leading multi-stakeholder organization.

The report describes in detail DPG’s philosophy, programs and achievements in the areas of environment, people, market and community. It is based on Dubai Properties Group’s definition of corporate responsibility, said a top company official.

The company considers it not only a matter of philanthropy, but an ethical obligation to reduce the negative impact the company’s operations might potentially have on the Environment and increase the positive influence on the Market, the Communities and the People," Mohammed Binbrek, Group CEO of Dubai Properties Group, said.

"The current global economic crisis has highlighted once again that stability and long term viability are the core factors that should be closely considered while charting the annual growth and financial achievements of an organization."

Viability cannot be achieved in the absence of responsibility, and this is why we decided to proceed with the release of our first Corporate Responsibility Report, even in these turbulent times, he observed.

“The determination of our staff members has ensured the release of this report, which has listed our accomplishments, was achieved in a responsible manner.”

“Now, we are even more committed to be ranked among the best in the world in Corporate Responsibility in our sector and aim to continue as a pioneer among UAE’s business community,” he noted.
“We are confident many more regional corporations will work towards collectively increasing the level of transparency and accountability on topics related to corporate responsibility,” Binbrek added.


Source: Trade Arabia News

     
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