During Abu Dhabi Sustainability week, His Excellency Dr. Tariq bin Hendi, Director General of the Abu Dhabi Investment Office (ADIO), spoke in conversation with U.S.-U.A.E. Business Council President Danny Sebright about the importance of environmental, social, and corporate governance (ESG) considerations to making investments with sustainable value. Find the full webinar video here.
During the webinar, which took place on January 19, 2021, Mr. Sebright and His Excellency discussed ADIO’s approach toward environmental, social, and corporate governance (ESG). His Excellency described how ADIO is drawing on conversations with investors, companies, and the general public to shape initiatives focused on sustainability and the environment. To this effect, ADIO has worked with the greater Abu Dhabi ecosystem to establish an ESG policy, which will be officially announced soon.
The new initiative, Dr. Tariq Bin Hendi emphasized, aims to “drive home the importance of ESG as a core aspect of conducting business.” He added, “We want to build those long-term resilient relationships, but we also want the operating models of all of these businesses in their growth in the various sectors here to be resilient.”
His Excellency explained that ADIO’s new policy will “activate this whole discussion” of ESG among Abu Dhabi businesses, and drive the diversification of the Abu Dhabi economy.
ADIO continues to play a major role in helping companies establish themselves in Abu Dhabi. In the past year alone, ADIO has brought 40 multinational and startup companies from around the world to Abu Dhabi. ADIO provides support by helping companies access and understand the market, realize it growth potential and expand into the wider region.
In line with its efforts to make Abu Dhabi a global business and investment hub, ADIO recently announced the establishment of 8 new office hubs worldwide, including two in the United States and one in Israel.
For more information about the Business Council’s work to promote sustainability, please contact Graham Reitman, at firstname.lastname@example.org.