Our ESG Strategy
EMAAR’s purpose is to create and sustain exceptional places to live, work and visit, with a commitment to sustainability at the forefront, enhancing community wellbeing, safeguarding the environment, and creating long-term value for all its stakeholders.
Our ESG Pillars
As part of our ESG strategy framework, high priority material topics are categorized in accordance with the three ESG pillars: safeguarding the environment, maximising social value, and ensuring strong governance and business ethics.
Safeguarding the Environment
As one of the world’s major real estate developers, we play a decisive role in shaping the built environment. We focus on resource use, waste management, water stewardship, and responsible sourcing while promoting environmental responsibility through various initiatives.
Maximising Social Value
As a responsible business, we are committed to supporting and providing value for our stakeholders, including our employees, customers, communities and suppliers.
Strong Governance & Business Ethics
Our approach to corporate governance is grounded in transparency, integrity, and accountability, adhering to global standards.
Our ESG Strategy Framework
Our Group ESG Strategy Framework outlines our high-priority material topics and aligns with the United Nations’ Sustainable Development Goals. The strategy focuses on three pillars: safeguarding the environment, maximising social value and ensuring strong governance and business ethics.
Key focus areas include climate change mitigation, resource management, health, safety and well-being, ethics and transparency, anti-corruption and bribery, data privacy, legal compliance and human rights. With customer satisfaction as the end-goal, we are implementing several environmental initiatives such as optimising energy efficiency and obtaining green building certifications. Additionally, our Standards of Conduct policy protects employee rights, promotes workplace inclusivity, and addresses discrimination or harassment.
Find out more about our ESG Strategy Framework here.
Governance & Oversight
Our ESG Steering Committee, comprises an Executive Management team who reports to the Chairman of the Board of Directors. It is the responsibility of the Group ESG Steering Committee to oversee the ESG strategy and management of ESG matters, ensuring effective assessment and management of ESG risks and opportunities. The Committee also sets annual ESG key performance indicators (KPIs) as part of employee performance management.
The Group ESG Department drives the ESG strategy and agenda and supports ESG integration Group-wide. Emaar’s cross-departmental working groups and task forces facilitate progress across key focus areas.
