Gulf Capital Commits to UAE's Green Economy by Joining Abu Dhabi Sustainable Finance Declaration

UAE, 24 September, 2024 : Gulf Capital, a leading private equity firm, has officially joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), underscoring its commitment to sustainable finance and investment practices. The ADSFD, a voluntary initiative spearheaded by the Abu Dhabi Global Market (ADGM), aims to foster a sustainable finance ecosystem by bringing together investors, financial institutions, government entities, and academic stakeholders.

Dr. Karim El Solh, CEO and co-founder of Gulf Capital, emphasized the firm’s goal to enhance the sustainability of the financial system, stating that the ADSFD is the ideal platform for achieving this mission. Gulf Capital was the first signatory from the Middle East and Africa to the Sustainable Markets Initiative (SMI), launched by King Charles III, which outlines a roadmap for businesses toward sustainability by 2030.

Additionally, Gulf Capital adheres to the United Nations Principles for Responsible Investment (UNPRI), integrating Environmental, Social, and Governance (ESG) criteria into its investment decisions. The firm has also been recognized as an official Climate Action Supporter for COP28, the UN's global climate change conference hosted by the UAE.

Source : www.zawya.com