Salik Company PJSC Joins UN Global Compact, Strengthening Commitment to Sustainability

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.