In the News
Aramex Ranks First at “S&P/Hawkamah UAE ESG Index”
Dubai, UAE – Wednesday, 29 July 2020: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced that is has been ranked in the first place in the newly launched S&P/Hawkamah UAE ESG Index. The ranking confirms that Aramex compares strongly against most of the top listed companies in the UAE.
The S&P/Hawkamah UAE ESG Index is the UAE’s first-ever index that monitors and ranks the transparency and disclosure of local publicly listed companies on Environmental, Social and Corporate Governance (ESG) issues based on their public disclosures. The Index measures the top 20 listed companies based on their performance on certain ESG metrics. The criteria include carbon emissions, water and energy consumption, employee health and safety, community investment, charitable giving, financial reporting, auditing, board independence and executive remuneration.
Raji Hattar, Chief Sustainability Officer at Aramex, said: “We pride ourselves on being a leader in sustainability across the region. This ranking is a further testament to our strong and continuous commitment to environmental, social and corporate governance best practices. Our “Delivering Good” platform represents our commitment to promoting sustainability by helping the communities to grow while focusing on reducing our negative impact on the environment. We are highly committed to being accountable to our stakeholders and believe our ESG performance serves as a model to encourage local and regional companies to continue adopting these practices.”
“As part of our commitment to the Sustainable Development Goals, we have sustainability projects and initiatives in across our network, which are driven to deliver better future to the communities in the markets where we operate. We believe that the index provides an effective measure of our sustainability practices as a company,” concluded Hattar.