Salik Company PJSC Joins UN Global Compact, Strengthening Commitment to Sustainability
Salik Company PJSC, Dubai's exclusive toll gate operator, has joined the United Nations Global Compact, marking a significant step towards sustainable business practices.
Summary
Salik Company PJSC has aligned itself with the United Nations Global Compact, reinforcing its commitment to sustainability and ethical business practices. This strategic move aims to integrate the UN's Sustainable Development Goals into Salik's operations, positioning the company as a leader in sustainable practices within the UAE.
Salik Company PJSC, the exclusive toll gate operator of Dubai, has announced its membership in the United Nations Global Compact, the world's largest corporate sustainability initiative. This move signifies Salik's dedication to promoting responsible business practices and contributing to a sustainable future for the UAE.
By joining the UN Global Compact, Salik aligns itself with over 20,000 companies in more than 160 countries committed to upholding ten universally accepted principles in human rights, labor, environment, and anti-corruption. This membership is a strategic step in Salik's long-term vision of creating a positive social and environmental impact alongside its core business activities.
Ibrahim Haddad, Chief Executive Officer of Salik Company PJSC, expressed, 'At Salik, we are committed to operating with the highest ethical standards and environmental responsibility. Our membership in the UN Global Compact reinforces this commitment and positions us as a leader in sustainable business practices within the UAE. We are confident that this collaboration will empower us to further integrate these principles into our operations and contribute meaningfully to the achievement of the Sustainable Development Goals (SDGs).'
Haddad further added, 'In line with our commitment to these principles, Salik Company PJSC is dedicated to championing sustainability practices that will benefit future generations in the UAE. We are actively exploring innovative solutions that minimize our environmental footprint, promote social progress within our workforce and communities, and contribute to a thriving and sustainable UAE.'
Salik's decision to join the UN Global Compact is a testament to its forward-thinking approach and its dedication to sustainability. As the company continues to innovate and expand its operations, its commitment to ethical and sustainable practices will likely enhance its reputation and market position. Investors should consider this strategic move as a positive indicator of Salik's future growth and stability.
Given the company's strong market position, exclusive rights to operate toll gates in Dubai, and its new commitment to sustainability, the outlook for Salik Company PJSC appears optimistic. The integration of UN Global Compact principles into its operations is expected to drive long-term value for shareholders and contribute to the broader goal of sustainable development in the UAE.
Based on these developments, investors might find Salik Company PJSC a compelling addition to their portfolios, given its strategic initiatives and strong market fundamentals.
Source
Summary
Salik Company PJSC, the exclusive toll gate operator in Dubai, has joined the United Nations Global Compact, the world's largest corporate sustainability initiative. This move aligns Salik with over 20,000 companies globally committed to upholding principles in human rights, labor, environment, and anti-corruption. The membership supports Salik's long-term vision of creating positive social and environmental impacts alongside its business activities. CEO Ibrahim Haddad emphasized the company's commitment to ethical standards and environmental responsibility, stating that the collaboration will help integrate sustainable practices and contribute to the UN's Sustainable Development Goals (SDGs). Salik is exploring innovative solutions to minimize its environmental footprint and promote social progress.
