Published On: Tue, Sep 29th, 2015

Dubai Chamber awards 16 CSR labels

Emirates Gas, Intercoil International, Dulsco and Ti’me Hotels were among the 16 companies recognised for their CSR activities by Dubai Chamber.

Econosto Mideast B V, International Modern Hospital, Union National Bank, Horeca Trade, Apparel Group, Chalhoub Group, Enova, Paramount Computer Systems, and Union Cooperative Society, are honoured for their sustainable business practices

The Dubai Chamber CSR Label was presented for the first time to Amlak Finance, Corporate Business Services, Dulsco, Econosto Mideast BV, International Modern Hospital, Time Hotels, and Union National Bank, while Horeca Trade received it for the second time.

Apparel Group, Chalhoub Group, Enova, Paramount Computer Systems and Union Cooperative Society, achieved it for the third time, while Emirates Gas, Intercoil International and Mashreq received it for the fifth time running since the inception of the CSR Label five years ago.

Congratulating the honourees for their achievement, H.E. Hamad Buamim, president and CEO, Dubai Chamber, said: “It has been five years since the Dubai Chamber CSR Label was first introduced to the UAE business community as part of Dubai Chamber of Commerce and Industry’s continuous efforts in promoting CSR and raising the bar for responsible business practices.

“Today we are delighted to be rewarding 16 companies, especially three for the fifth time which is quite an achievement and shows the rising interest of the business community in applying CSR best practices in their work environment.”

Since its launch, 17 awarding ceremonies have been held in which 168 Labels have been awarded to companies from various sectors and sizes, including multinationals. As for the model itself there are more than 1,800 companies that are using it as a diagnostic framework and a CSR and sustainability management tool.

“Recently, due to the Dubai Chamber Centre for Responsible Business efforts, CSR has evolved to take more dimensions, such as corporate responsibility (behaving responsibly towards community and the environment), corporate citizenship (creating value for stakeholders) and most recently corporate sustainability,” Buamim added.

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