The Role of ESG in Attracting Foreign Investments to Dubai
Dubai has long been a global hub for trade, innovation, and economic growth. Over the years, the city has strategically positioned itself as a preferred destination for foreign investments. Today, a new factor is gaining prominence in shaping investment decisions—Environmental, Social, and Governance (ESG) criteria. As global investors increasingly prioritize sustainability, ethical practices, and responsible governance, Dubai is embracing ESG principles to remain competitive and attractive on the international stage. What is ESG, and Why Does it Matter? ESG stands for Environmental, Social, and Governance—a framework used by investors to evaluate a company's sustainability and ethical impact. It encompasses: Environmental : Efforts to minimize carbon footprint, conserve resources, and adopt renewable energy. Social : Commitment to employee welfare, community engagement, and diversity. Governance : Transparent decision-making, accountability, and adherence to regulations. For inv...