Abu Dhabi, UAE: March 17, 2014 - Masdar, Abu Dhabi's renewable energy company, has achieved Gold certification accreditation from the Chartered Institute of Purchasing & Supply following a rigorous certification process. Launched by the Abu Dhabi leadership in 2006, Masdar's mandate is to advance renewable energy through education, R&D, investment and commercialization.

During CIPS' evaluation process, Masdar's procurement team demonstrated excellence and leading edge performance with its policies, processes and systems along with demonstrating best practice performance measurement and management as evaluated by the certification audit. Masdar joins companies such as Zurich Financial Services in its gold-level success and an additional 360 organisations worldwide who have achieved standard, gold or platinum CIPS certification. Leading companies who have also achieved CIPS certification include Accenture, Johnson Controls, Microsoft and Veolia.

David Noble, Chief Executive of the Chartered Institute of Purchasing & Supply, said: "Since working with Masdar, the company has shown a significant amount of improvement over the past year. I am pleased to say that they have become one of CIPS' leading organisations and therefore deservedly received our CIPS Corporate Certification Gold Award.

"Masdar provided a story of an organisation that has demonstrated great innovations, particularly in the green sustainability area, and we have certainly seen areas of excellence in particular within the leadership and organisation dimension," continued Mr. Noble.

Mr. Noble presented the certificate to Mr. Mohamed Al Ramahi, Chief Operating Officer and Ms. Zuha Abdul Rahman Moussa, Head of Procurement and Contracts at Masdar, on 30 January 2014.

"We are excited to receive CIPS' gold-level certification, which underlines Masdar's drive towards more responsible and sustainable procurement," said Zuha Moussa, Head of Procurement of Contracts. "As a cornerstone of our commitment to sustainable development and renewable energy, Masdar's procurement team is pleased to be recognized along with some of the world's most respected companies after completing its rigorous certification process."

CIPS Corporate Certification is an independent, procurement-specific process to assess the efficiency of procurement and supply management teams working to achieve corporate goals. For decades, CIPS has been assessing organisations in a range of sectors and all over the world against a comprehensive set of standards.

More information on CIPS certification: http: //www.cips.org/en-GB/products-services/Certification/

The Chartered Institute of Purchasing & Supply

The Chartered Institute of Purchasing & Supply (CIPS) is the world's largest procurement and supply professional organisation.  It is the worldwide centre of excellence on purchasing and supply management issues.  CIPS has a global community of over 100,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics.  The activities of purchasing and supply chain professionals have a major impact on the profitability and efficiency of all types of organisation and CIPS offers corporate solutions packages to improve business profitability. 
www.cips.org

About Masdar
Masdar is Abu Dhabi's renewable energy company advancing the development, commercialization and deployment of clean energy technologies and solutions. The company serves as a link between today's fossil-fuel economy and the energy economy of the future. Backed by the Mubadala Development Company PJSC, the strategic investment company of the government of Abu Dhabi, Masdar is dedicated to the Emirate's long-term vision for the future of energy.

For more information about Masdar, please visit: www.masdar.ae  

Stay connected: facebook.com/masdar.ae and twitter.com/masdar

For more information contact:
Email: press@masdar.ae
Phone: +971 2 653 6032

For more information, contact:
Trudy Salandiak,
Public Relations Manager,
CIPS UK, trudy.salandiak@cips.org on
44 (0) 1780 761575/0755 4400731.

Mansoor Malik, Head of Customer Relations, CIPS MENA, mansoor.malik@cips.org on +971 (0) 4 327 7348.

© Press Release 2014