Click here to read the complete report Dubai, UAE, December 11, 2023 – Sustainable Square, a leading ESG advisory firm headquartered in the UAE, has unveiled its 2023 State of ESG in the GCC Report, providing critical insights into the evolving sustainability landscape across the Gulf Cooperation Council (GCC) over the last six years. The […]
Across the GCC, eight financal institutions have joined the Partnership for Carbon Accounting Financials (PCAF), which sets a global standard for measuring and tracking financed emissions In the pursuit of net zero, sectors like oil and gas, energy, and transportation often lead the narrative. Yet, the financial sector, as a facilitator of economic activity, plays
How Financial Institutions Serve as the Backbone of the Net Zero Agenda Read More »
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
Financing the Transition: Guide to Implementing a Sustainable Finance Framework Read More »
Methane being one of the major emissions from oil and gas operations, stopping all non-emergency flaring and venting is the single most impactful measure to cut methane emissions by nearly 20%. The oil and gas (O&G) industry has been a significant contributor to global greenhouse gas emissions. The industry, which is a cornerstone of the
Rethinking Energy: Net Zero in the Oil & Gas Industry Read More »
SQUARELY and its AI-powered features are helping organisations stay ahead of the curve, transforming ESG reporting from an obligation into a strategic advantage. In today’s rapidly evolving business landscape, Environmental, Social, and Governance (ESG) reporting has become a critical component of corporate strategy. As the importance of ESG grows, so do the challenges of collecting,
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
Firms with credible net zero strategies are often better placed to access a growing pool of capital. The global shift towards net zero emissions is gaining traction as businesses of all sizes commit to reducing their carbon footprints. These commitments not only demonstrate environmental responsibility but also enhance corporate reputation and attract sustainability-focused investors. An
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
