New Index & Label for Corporate Social Responsibility initiatives

Who is created a new index and label? UAE

The UAE along with UAE Chambers of Commerce will create a new CSR label to benchmark participating companies.

How will it work?

• labels can be given to private & public entities
• 3 categories of CSR labels – platinum, gold, and silver
• Utilize 7 criteria:
  • contribution to national priorities
  • local added value
  • strategic planning and implementation
  • societal and environmental impact
  • stakeholder engagement
  • risk and opportunity management
  • creativity & innovation

Gulf News | UAE to create its own index and label for Corporate Social Responsibility initiatives