The Abu Dhabi Investment Office (ADIO) has launched a new policy to maximise the environmental, social and governance (ESG) benefits of its incentive and public-private partnership (PPP) programmes for investors and the people of Abu Dhabi.
ADIO’s policy outlines how ESG standards and considerations are integrated into investment and business decision-making regarding Abu Dhabi projects and businesses supported by ADIO’s various programmes, in order to promote the establishment and growth of sustainable investment in the emirate.
The policy allows ADIO to further encourage companies that have sustainability principles embedded into their management and operations, and to start the important discussion with those that don’t yet have embedded ESG standards.
ADIO’s ESG policy will apply to ADIO’s partners under its Innovation Programme and PPP transactions.
In 2020, ADIO formed a joint public-private sector working group to consider local and international ESG challenges and develop a roadmap to highlight how the Abu Dhabi ecosystem can collaborate on key ESG initiatives to drive value and investment opportunities. The working group comprised of the Abu Dhabi Department of Economic Development (ADDED) and other leading Abu Dhabi companies from across the ecosystem.
Through a principle-based approach, ADIO’s policy promotes the incorporation of ESG considerations into the decision-making, management and operational processes of all partner companies within ADIO’s Innovation Programme and PPP transactions.
The policy clearly articulates ADIO’s expectations regarding the commitments of its partner companies towards ESG goals and outcomes to ensure long-term, sustainable projects, businesses and industries that underpin the continued diversification and transformation of Abu Dhabi’s economy, for the benefit of all parties.
To learn more, check out ADIO's website or download the full document below