In recognition of its diligent efforts in Corporate Social Responsibility and sustainability
Palm Utilities, a Dubai World company, has been awarded the Dubai Chamber CSR Label, in recognition of its solid commitment to CSR and sustainability and its ongoing efforts to optimize its resources primarily on providing the best environmentally friendly and sustainable energy solutions in line with the highest international standards. The recent awarding ceremony held recently in presence of Hamad Buamim, Director General of Dubai Chamber of Commerce, and Marwan Al Naqi, Chief Executive Officer of Palm Utilities.
Marwan Al Naqi, Chief Executive Officer of Palm Utilities, said: "Palm Utilities' core business by itself is driven by a deep sense of social responsibility because everything we do is geared towards providing essential services in the form of sustainable energy solutions to the community and protecting the environment. CSR is therefore a key element of our corporate strategy as we strive to be socially responsible in every aspect of our business."
"The Dubai Chamber CSR Label strongly reaffirms the company's uncompromising commitment to responsible, ethical business practices. Moreover, the positive feedback that we have received during the evaluation process clearly shows that we are on the right track as we chart our future CSR plans and strategies. It is a great honour for us to receive the prestigious Dubai Chamber CSR Label", added Al Naqi.
The Dubai Chamber CSR Label has been launched to recognize CSR initiatives by companies, bringing together international best practices in CSR and the local context of Dubai. In its assessment of Palm Utilities' CSR program, Dubai Chambers has concluded that the company has exceeded the expectation towards implementation of CSR, particularly in providing essential services in the form of energy solutions to the community, community awareness and protecting the environment.
The Dubai Chamber CSR Label is open to both large and small businesses at various levels of CSR integration and understanding to map out key areas of risk and opportunity in terms of their approach to managing the business' social and environmental impacts. It provides an internal audit of current CSR activity, while the feedback report of the assessment provides a clear pathway for further development by identifying areas of strength and areas for improvement.
Palm Utilities' CSR Mission states that the company is committed to the highest level of integrity and social responsibilities. The company's strong commitment to responsible business practice is reflected in all its activities - from the transparency of communications with stakeholders to the unparalleled benefits offered to employees and customers.
About Palm Utilities:
Palm Utilities is a Dubai World Company established in 2007 to provide world-class utility solutions. Currently Palm Utilities offers solutions that address the cooling requirements of residential communities and business establishments in the Middle East. The company's customer base currently comprises 14,000 end-users and 388 towers, owned by 180 developers. Palm Utilities, is also the holding company for Palm District Cooling (PDC), the region's leading supplier of chilled water to multiple buildings for air conditioning. An ISO 9001, ISO 14001 and OHSAS 18001-certified company, Palm Utilities offers Concept Development Services, Consultancy Services, Construction Support and Operational Support, and also provides flexible development models for real estate and urban development projects around the region.
For more information, please contact:
Orient Planet PR & Marketing Communications
P.O. Box: 500266
Dubai, United Arab Emirates
Tel: 00971 4 456 2888
Fax: 00971 4 454 9528
Email: media@orientplanet.com
Website: www.orientplanet.com
© Press Release 2012
