be’ah and MSCI enter strategic relationship at COP28 aiming to redefine ESG landscape

  • Date: 06-Dec-2023
  • Source: Times of Oman
  • Sector:Oil & Gas
  • Country:UAE
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be’ah and MSCI enter strategic relationship at COP28 aiming to redefine ESG landscape

Dubai: In a momentous ceremony during COP28, Oman Environmental Holding Company (be'ah), the Sultanate's leading waste management service provider, signed a strategic agreement with MSCI Inc. (MSCI), a global leader in investment decision support tools and services. Through this exciting collaboration, be'ah aims to boost Environmental, Social, and Governance (ESG) practices in Oman and introduce novel frameworks to organisations across the country by leveraging MSCI's ESG Ratings and Corporate Sustainability tools. The agreement, signed by Eng. Tariq Al Ameri, Chief Executive Officer of be'ah, and Henry A. Fernandez, Chairman and Chief Executive Officer of MSCI, signifies a significant leap forward for be'ah in introducing bespoke ESG commercial services tailored for Omani companies. It marks a pivotal moment in integrating sustainable practices into the corporate fabric of the Sultanate, aligned with Oman's broader vision of sustainable development. Sharing his high hopes for this collaboration, be'ah's CEO Al Ameri stated: "We believe that through our new partnership with MSCI, we can deliver our strategies to scale sustainability across the country by supporting Omani companies to adopt innovative and effective ESG solutions. By improving ESG performance on an enterprise level, we can realise be'ah's mission and enable the net-zero and sustainability objectives identified