EIGHTClouds Private Equity joins UNGC initiative

EIGHTClouds Private Equity joins UNGC initiative

Dubai, UAE – EIGHTClouds Private Equity, a homegrown company that focuses on brands within the consumer sector, announces its acceptance into the United Nations Global Compact initiative (UNGC), the world’s largest corporate sustainability initiative. Through this initiative, EIGHTClouds aims to accelerate the implementation of sustainable practices and embed the 10 principles of UNGC within the operations of the holding company and its growing portfolio of brands.

Based in the UAE, EIGHTClouds continues reinforcing its commitment to being a responsible business as it ensures the adoption of sustainable practices across its portfolio of brands, including the newly-opened MORE Café at One Central, Dubai World Trade Centre, and Chaps & Co, the popular male grooming brand with over 10 locations globally. In line with the UAE’s vision of becoming a sustainable economy, EIGHTClouds shared its intent towards contributing to the implementation of sustainable practices. Furthermore, diversity and inclusion remain a top priority for the firm as it continues expanding its team and enhancing its investments.

With a growing regional and global footprint, EIGHTClouds ensures sustainability remains a key factor when evaluating investment opportunities. The company’s Chief Advisor of Sustainability, Aruna Narayanan, creates the Environmental, Social and Governance (ESG) strategy aligned with industry best practices.