It includes 50 qualitative programs and initiatives.. Adoption of the strategy of the National Fund for Social Responsibility

The Board of Trustees of the National Fund for Social Responsibility held its first meeting for 2022, headed by the Minister of Economy and President of the Fund, Abdullah bin Touq Al-Marri.

The meeting witnessed the adoption of the Fund's strategy for the next five years, which was developed to enhance the role of the UAE as a global engine for responsible investment, support sustainable development efforts, and keep pace with the country's next 50-year strategy.

Al-Marri said that the National Fund for Social Responsibility places among its priorities the work to develop legislation, policies and frameworks that serve the efforts of the state in developing social responsibility practices, strengthening partnership between the public and private sectors, directing companies’ contributions towards development projects of national priority, and measuring and motivating institutions’ practices in this field. .

He added that the fund's strategy for the next five years includes 50 qualitative programs and initiatives designed in partnership with the private sector, pointing out that their results will be measured according to a number of key indicators, to ensure that the desired impact is achieved, and the level of progress achieved.

He explained that these indicators will be aligned with the key performance indicators at the state level, as well as with the indicators of the sustainable development goals.

The meeting also welcomed new members to the Fund's Board of Trustees: Fatima Tawakkul, Assistant Undersecretary for Support Services at the Ministry of Industry and Advanced Technology, and Walid Al-Naqbi, Secretary of the Board.

The Fund is the federal agency concerned with promoting and regulating the principles of social responsibility and sustainable impact in the UAE by launching national priority projects, approving social responsibility projects in the country, and measuring and motivating institutions' practices in the field of social responsibility in support of environmental, social and governance principles, and sustainable development goals.

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