Majid Al Futtaim delivers 97% of 2020 targets on its Sustainability Agenda – MEP MiddleEast

sustainability majid futtaim targets
Middle East
  • Date: 01-Jul-2021
  • Source: MEP Middle…
  • Sector: Oil & Gas
  • Country: Middle East
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Majid Al Futtaim delivers 97% of 2020 targets on its Sustainability Agenda – MEP MiddleEast

Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, has released its 2020 Sustainability Report, highlighting key milestones and initiatives launched throughout the year.

Despite the business and economic disruption brought about by the pandemic, the company achieved 97% of the targets set out in its annual sustainability strategy, further demonstrating the company’s dedication to driving the sustainability agenda forward in the region.

The audited results showcase Majid Al Futtaim’s progress towards its Net Positive commitment, as 2020 saw the company record a 9.2% decrease in its carbon footprint and a 17.5% decrease in water usage across its operations.

It also generated nearly 17 million kWh of renewable energy last year, with 63% generated through its shopping malls alone - enough to power an electric car for 85 million kilometres, or the equivalent to driving over 40,000 times from Dubai to Riyadh and back.

Other important milestones included the launch of Majid Al Futtaim’s circular economy strategy focusing on tackling waste and moving towards a more circular business model by 2030, as well as the launch of its Responsible Procurement Policy developed to reduce business risks and to drive positive change within the

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