TECOM Group’s robust governance and ESG framework are at the core of our operating model. Our approach to ESG is centred around TECOM’s five ESG pillars:
ECONOMY |
ECONOMIC PERFORMANCE |
CUSTOMER CENTRICITY |
COMMUNITY |
INVESTING IN LOCAL COMMUNITIES |
PEOPLE |
SAFE & HEALTHY WORKSPACES |
TRAINING & DEVELOPMENT |
ENVIRONMENT |
ENERGY EFFICIENCY |
WATER EFFICIENCY |
WASTE MANAGEMENT |
REDUCING GHG EMMISIONS |
GOVERNANCE & RISK |
ETHICAL BUSINESS POLICIES & PRACTICES |
ROBUST GOVERNANCE |
PRUDENT RISK MANAGEMENT |
RESPONSIBLE SOURCING & PROCUREMENT |
Our Group-wide ESG strategic initiatives are aligned with the United Nation’s Sustainable Development Goals and 2030 Agenda for Sustainable Development. They include:
9% of buildings have Leadership in Energy and Environmental Design (LEED) certification, (16 LEED Gold and 6 LEED Silver)
32% female representation in the workforce and 57% female new hires as of December 2021
Investment in platforms and services supporting start-ups, SMEs, and freelancers to nurture innovation
46 different nationalities represented in the workforce with a 24% Emiratisation rate
0 work-related injuries or fatalities since 2019
4,600+ beneficiaries of Corporate Social Responsibility activities since 2019
Alignment of Group-wide ESG practices with global standards such as the Global Real Estate Sustainability Benchmark (GRESB)
Continued diversity and inclusion initiatives to increase female representation in overall workforce and a 30% female representation in senior and middle management by 2025
Planned retrofitting projects resulting in expected electricity savings of 35,833,180 Kilowatt hours (kWH) and water savings of 69,967 cubic meters versus 2019 utility consumption baseline.
Further solar carport projects in several districts to offset additional CO2
Monitoring and reporting on scope 2 and 3 greenhouse gases in accordance with the Greenhouse Gas Protocol