Majid Al Futtaim honours mall tenants for environmental commitment


December 5, 2018 | By RetailME Bureau

Majid Al Futtaim recently recognised its tenants’ environmental efforts and commitment to sustainability with its prestigious Green Star Awards. The Green Star Awards ceremony, which was held at City Centre Deira’s vibrant ‘INDOORS’ pop-up space, was conceived to encourage all mall tenants to follow Green Star sustainability rating standards.

The programme is part of Majid Al Futtaim’s Net Positive commitment, which aims to significantly reduce the company’s water consumption and carbon emissions, resulting in a positive corporate footprint by 2040. A total of 638 stores, belonging to 254 parent companies, have been rated 3-star or above. Tenants from Mall of the Emirates, City Centres in the UAE and Matajer malls in Sharjah received trophies and certificates of recognition.

Majid Al Futtaim’s Green Star Rating system is a pioneering initiative, which assesses tenants’ sustainability policies and certain environmental and social aspects relevant to their fit-outs and operation. The initial assessment addresses stores’ volatile organic compound (VOC) emission levels of fit-out material, efficiency of lighting and water features. Tenants then receive a score depending on their answers and are allocated a green star rating from 1 to 5.

“Our goal is to make a lasting positive impact on society and lead by example in sustainable business practices. The Green Star Rating system provides an incentive to our partners to adopt environment-friendly processes that ensure the continued use of natural and non-renewal resources judiciously and encourages them to innovate and apply renewable sources of energy to their operations,” says Ibrahim Al-Zu’bi, chief sustainability officer at Majid Al Futtaim-Holding.

“The Green Star programme is testament to the strong partnership we have with our tenants. Our partners play an indispensable role in helping us achieve our Net Positive ambitious goal and set an example as pioneers in sustainable business practice,” adds Mansoor Sharaf, managing director for Majid Al Futtaim Properties, Shopping Malls (UAE, Bahrain & Oman).

Green Star is modelled on the US ‘Leadership in Energy and Environmental Design’ standards (LEED), the points-based rating standard that concerns the design, construction, operation and maintenance of green buildings, homes and neighbourhoods.

The categories in the Green Star Sustainability Rating System include Sustainable Sites, Water Efficiency, Energy and Atmosphere, Materials and Resources, Indoor Environmental Quality, Waste Management, Community Investment and Innovation and Design Process.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine