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Thursday, December 3 - 2009

Tecom Investments launches Middle East's first 'Sustainable Development Report'

  • United Arab Emirates: Sunday, October 04 - 2009 at 14:37
  • PRESS RELEASE

Tecom Investments, a developer of knowledge-based business clusters and a member of Dubai Holding, has issued the "Sustainable Development Report 2008," the first report of its kind to be released by a company based in the Middle East.

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  • Ali bin Towaih, Executive Director of SEED.
    Ali bin Towaih, Executive Director of SEED.
The report highlights results from the implementation of Tecom Investments' Sustainable Development Policy instituted in 2006 - the first such initiative among corporate entities in the region.

The policy rests on five pillars - energy and water conservation programme, LEED certification of new and existing buildings, sustainable procurement, awareness generation of staff and renewable energy.

Tecom Investments' Sustainable Energy and Environment Division (SEED) has been spearheading the implementation of the policy and the report aims to share knowledge, dispel misconceptions on sustainability and highlight the positive impact of sustainability on corporate bottom line.

Ali bin Towaih, Executive Director of SEED, said:
"Three years back, when sustainable development was not such a buzzword, gaining support for the sustainability drive was an uphill task as it called for a major attitudinal shift. However, through a consistent engagement process, the key stakeholders were sensitized on issues of climate change and their individual roles. With increased awareness, we were able to roll out several sustainability initiatives, which have contributed to the current results."


As part of its sustainability focus, in 2008 Tecom delivered two LEED certified projects to the region and with over 600,000 sq.ft. of LEED certified space, is now the organization with the largest amount of LEED certified space in the region.

Tecom Management Office renovation project secured a LEED Platinum in Commercial Interior and became the only second such project outside of the USA. Dubai International Academic City's Phase 3, which secured a LEED Silver at 600, 000 sq.ft is currently, the largest LEED certified project in the region.

Sougata Nandi, Director of SEED, said, "With the release of this report, case studies on green building are now available from the region and sustainability practitioners do not have to resort to using non-regional case studies to push the green agenda.

With this report, Tecom has clearly established its leadership role in the region and SEED as a premier implementer of sustainable development."

The report highlights significant achievements of Tecom Investments in sustainability including energy and water cost reduction of Dhs7.3m in 2008 and reduction of CO2 equivalent emissions amounting to 13, 930 tons.

The Water Savers Programme, which involved installing ultra low flow water savers throughout many of Tecom's entities, has reduced water flow from 7.6 litres to 1.9 litres per minute, while the returns on investment was achieved within 22 days.
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Notes and media contacts

The Sustainable Development Report 2008 can be downloaded at www.enpark.ae.

About Tecom Investments:

Tecom Investments, based in Dubai, is a subsidiary of Dubai Holding, a global company dedicated to knowledge and life-improving industries. A creator of vibrant knowledge industry clusters, Tecom Investments is currently active in buoyant cutting-edge sectors like ICT, Media, Education, Life Sciences and Clean Technology.

A recognized leader in the global knowledge industry, Tecom Investments manages entities like Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai International Academic City, eHosting DataFort, International Media Production Zone, Dubai Outsource Zone, Dubai Studio City, DuBiotech and Enpark.

Tecom Investments' phenomenal growth also encompasses local and international joint venture interests like Empower, a district cooling service provider established as a joint venture with Dubai Electricity and Water Authority, Emirates International Telecommunications Limited, a joint venture with Dubai Investment Group and SmartCity, a joint venture formed with SAMA Dubai to develop and manage knowledge industry townships worldwide.

Emirates International Telecommunications Limited holds stakes in Tunisie Telecom and GO, telecommunication carriers in Tunisia and Malta respectively. SmartCity has already laid the foundations of a global network of knowledge driven clusters through agreements to develop SmartCity Malta and SmartCity Kochi.

Tecom Investments also has interests in Axiom, the largest mobile distributor in the Middle East, and Interoute, the operator of Europe's most densely connected voice and data network.

Tecom also launched the inaugural Pearl Awards in 2008 to honour and recognize its outstanding business partners. The awards include categories for Corporate Social Responsibility Achievement of the Year, Innovation of the Year, Employer of Choice, Fastest Growing Company of the Year, Customer Service, Globalization and Diversification, Contribution to the UAE Society, HSE Award, Entrepreneur of the Year, Company of the Year, and Award for Maximum Suggestions made through VOICE IT - Tecom Investments' complaint and feedback management system.

For more information, please contact:

Kholoud Arif
Senior Media Relations Executive
JiWin Public Relations
Direct: +971 4 361 3599
Fax: +971 4 368 8001

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