Muscat, Oman--(Newsfile Corp. - October 24, 2023) - In a significant achievement that aligns with Oman Vision 2040, Abdulwahab's Office, a pioneering investment company, proudly announces its historic accomplishment of becoming the first-ever Omani firm to join the prestigious network of signatories to the Principles for Responsible Investment (PRI). This groundbreaking step reinforces Abdulwahab's Office's commitment to promoting sustainable business practices and aligning its operations with global environmental, social, and governance (ESG) standards, in pursuit of the goals of Oman Vision 2040.
Established by the United Nations in 2006, the PRI is an international network of investors working together to incorporate ESG factors into investment and ownership decisions. By signing these principles, Abdulwahab's Office demonstrates its dedication to responsible investment strategies that maximise financial returns while seeking to minimise their impact on society and the environment.
"We are thrilled to be pioneers in this significant endeavour, setting a precedent for responsible investment practices within Oman," said Abdulwahab Al Maimani, Chief Executive Officer of Abdulwahab's Office. "By becoming a signatory to the PRI, Abdulwahab's Office is reaffirming its commitment to contributing positively to both the local and global communities and driving sustainable growth."
The Principles for Responsible Investment (PRI) hold paramount significance in Oman Vision 2040, serving as a cornerstone for the nation's aspirations towards sustainable development and responsible economic growth. As an integral part of Oman's strategic framework, the PRI embodies principles that align seamlessly with the objectives outlined in Vision 2040, which envisions a prosperous, diversified, and resilient economy. By signing on to the PRI initiative, Abdulwahab's Office demonstrates its commitment to ethical and responsible business practices and contributes directly to the realisation of Oman's long-term vision. The PRI's emphasis on integrating ESG factors into investment decisions mirrors Oman's commitment to fostering a sustainable and inclusive economy. This alignment underscores Abdulwahab's Office's role as a trailblazer, leading the way towards sustainable development and aligning its operations with the goals Oman aspires to achieve by 2040.
This landmark achievement reflects Abdulwahab's Office's proactive approach toward sustainability and ethical business conduct. By embedding ESG considerations into its investment decisions, Abdulwahab's Office aims to promote long-term value creation, manage risk effectively, and contribute to a more resilient and equitable society.
Abulwahab's Office joins a prestigious group of global investors and companies that have chosen to adopt responsible investment principles. This historic move is set to catalyse positive change within Abdulwahab's Office's operations and across the Omani business landscape.
About Abdulwahab's Office:
Abulwahab's Office is a multinational investment company based in Oman that covers various sectors including banking, events, finance, real estate, marketing, watchmaking, and more. With a strong commitment to sustainability, innovation, and ethical practices, Abulwahab's Office is dedicated to driving positive change in the industry while ensuring a lasting, positive impact on the communities it serves.
About Principles for Responsible Investment (PRI):
The Principles for Responsible Investment (PRI) is an independent organisation that works to understand the investment implications of environmental, social, and governance (ESG) factors. The PRI encourages investors to use responsible investment to enhance returns and better manage risks while fostering a more sustainable global financial system.
- Website: www.abdulwahaboffice.com
- Contact Name: Abdulwahab Al Maimani
- Email: abdulwahab@abdulwahaboffice.com
- Contact number: +968 97090490
Country: The United Kingdom
City: London
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185017
