Insights

The final part in our 3-part series on Sustainable Finance. In our previous articles, we explored the growth of sustainable finance in the Middle East and GCC, highlighting ESG investments and instruments like green bonds and sukuks. This third article serves as a practical guide to implementing a sustainable finance framework, from foundational steps for […]

Part 2 of our 3-part series on Sustainable Finance. a. Islamic Finance and its Link to Sustainability Islamic finance is founded on principles of fairness, ethical investing, and social welfare, which naturally align with the goals of sustainable development. Prohibiting interest (riba) and speculative activities (gharar), Islamic finance promotes risk-sharing, social justice, and investment in

Part 1 of our 3-part series on Sustainable Finance. Sustainable finance, defined as the integration of environmental, social, and governance (ESG) considerations into financial decisions, plays a critical role in addressing global challenges like climate change and social inequality. With ESG-focused investing becoming a significant trend, financial institutions worldwide are steering investments toward projects that

Collaboration is a cornerstone of business success. This is not only the case for general business operations but also for corporate sustainability. Collaboration leverages the collective strengths of individuals and teams to drive innovation, efficiency, and, most importantly, change. What are the benefits of collaboration in the context of sustainability: Pooling of resources: Collaboration enables

Blockchain technology has now become a promising tool in preventing greenwashing as it aids in creating immutable ESG data records. The technology ensures that the data being recorded and entered cannot be changed or tampered with. Lately, ESG criteria have become pivotal for evaluating the impacts of businesses. Regulators, consumers and investors are increasingly demanding

Recognising the critical need for sustainable land management, several Middle Eastern countries have implemented robust policies and initiatives aimed at combating desertification and promoting land restoration. World Environment Day (WED) 2024 is marked under the slogan ‘Our Land. Our Future. We are #GenerationRestoration’. The slogan shines a spotlight on the urgent need for ‘Land restoration,

Any circularity concept is impossible without the 3R Principles: Reduce (eliminating waste), Reuse (circulating products and materials) and Recycle (regenerating materials) through the lifecycle of oil and gas operations The circularity concept has been deeply ingrained in human societies for centuries due to its multi-faceted benefits which include resource conservation, waste reduction, and monetary benefits.