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Corporate Responsibility

To us, Corporate Responsibility (CR) is about acting with integrity in the management of our business processes to have a positive impact on society. Our CR vision is to be a recognized regional leader in CR and critically, leading by example by 2015.

Strategy
Our CR strategy incorporates five strategic objectives to 2012 across four pillars:

1. Act on the expectations of our priority stakeholders regarding our CR performance - including ensuring effective CR governance, measuring and reporting on our progress
2. Integrate responsible business practices into our key processes - including how we invest, who we partner with (including our contractors) and how we manage our risks
3. Demonstrate separation of the relationship between the environmental impact of our use of resources (energy, water and materials) and our growth and profitability
4. Demonstrate delivery of world class standards in health, safety and human rights
5. Establish our track record in CR as a key reason for talent attraction and retention

We are a member of the Emirates Environmental Group and signed up to the United Nations Global Compact.

In 2008 we are focusing on five key issues and have champions across the business to promote knowledge and best practice throughout all the Entities.

Health and Safety
The health and safety of our employees is paramount, not only in our offices but also for the contractors on our construction sites. Given the impending scale of our construction activity, health and safety is one of our highest business priorities

Labor
Whilst we have direct control on the employment conditions of our own employees, we recognize that we also have some influence on a wider group of workers – in particular, construction workers employed by our contractors that are working on our projects, and workers housed in our labor residence

Energy Consumption
We recognize that energy consumption and climate change pose risks and opportunities to our business, particularly given the medium-term potential for energy shortages in the region and our corporate responsibility to address climate change

Water consumption
Given the scale and nature of our projects, comprising hotels, theme parks, industrial facilities, a hospital, and a golf course, optimizing water use in a desert environment is one of our primary environmental challenges

Waste Management
Managing waste is a key priority for Tatweer, especially given the potential volumes of waste that will be produced as our projects become operational

Corporate Responsibility Report
Our 2007 CR Report provides details of Tatweer’s performance and objectives in relation to our five focus issues. This is our first CR Report with the purpose to provide stakeholders with a transparent and balanced picture of our social and environmental performance.

Access our 2007 CR Report "A Balancing Act"
Chairman’s Statement on 2007 Report
Comment on our CR Strategy and Report

Contact
For more information on our Corporate Responsibility strategy, please contact us at: CorporateResponsibility@tatweerdubai.com

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