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Dubai Chamber's CSR newsletter promotes sustainable consumption
- United Arab Emirates: Monday, July 13 - 2009 at 15:14
- PRESS RELEASE
Dubai Chamber of Commerce and Industry's Centre for Responsible Business (CRB) has released the fourth issue in 2009 of its newsletter, CSR Al Youm.
The newsletter discusses the important role played by businesses in encouraging sustainable consumption such as creating industry guidelines, product design and advertising. Businesses set trends and expectations for consumers but by showing how a product can be used and properly recycled or disposed.
Under the headline "Luxurious Dubai", another article puts luxury goods at the forefront of sustainable consumption. This is mainly due to the ability of luxury companies to influence patterns of sustainable consumption through product design, how it is used and how it is disposed of.
The newsletter highlights that the profiles of leading brands are changing as social aspects in particular are becoming increasingly important in driving brand value. An article explores some strategic reasons why luxury brands have begun the journey of being socially responsible. Some business-driven reasons include operational efficiency gains, enhanced employee relations and enhanced brand reputation and trust.
CSR Al Youm highlights the growth trend in the world's human population which is expected to reach nine billion by 2050 driven largely by growth in developing countries with lower per-capita income. According to a recent report by World Business Council for Sustainable Development (WBCSD, we are exceeding Earth's ability to support our lifestyles and three key drivers have been identified as drivers for consumption and they include rapid global population, the rise in global affluence and a culture of consumerism among higher income groups.
In an article entitled "Dilemma in Dubai", UAE residents are given advice on how they can consume more responsibly. A section of the newsletter explores a new website called www.Ecofabulous.com which is dedicated to providing consumers with sustainable ways to maintain the current lifestyles.
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Notes and media contacts
About Dubai Chamber of Commerce & Industry:Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub.
About Center for Responsible Business:
A Dubai Chamber initiative, the Centre for Responsible Business was formed in 2004 for promoting Corporate Social Responsibility in the UAE. The Center assists Dubai businesses in applying responsible practices and encourages businesses to enhance their performance and competitive advantage.
Media contact:
Ruba Abdel Halim
Senior Executive
Media & Corporate Communications
Dubai Chamber of Commerce & Industry
PO Box 1457, Dubai, UAE
T: +971 4 202 8450
F: +971 4 202 8553
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Posted by Siba Sami Ammari
