DP World expands Sustainable Impact Disclosure to three new nations

WT default author logo
Women's Tabloid News Desk

DP World has expanded its Sustainable Development Impact Disclosure (SDID) initiative to include its operations in Brazil, Senegal, and South Africa, further underscoring its commitment to the United Nations’ Sustainable Development Goals (SDGs). This follows the release of its first SDID report in April 2024, which focused on India and Somaliland.

The latest report highlights DP World’s dedication to advancing sustainable development through strategic investments in key areas like infrastructure resilience, community engagement, and gender equality. In Brazil, for instance, the company is partnering with Rumo to develop a terminal that can handle 12.5 million tonnes of grains and fertilizers, positioning Santos as a crucial hub for agricultural logistics. Meanwhile, in Senegal, DP World has invested over US$300 million to enhance terminal capacity, significantly improving trade connectivity in the region.

The report, created in collaboration with the Impact Disclosure Taskforce, offers essential insights for investors focused on the Sustainable Development Goals (SDGs). Arsalan Mahtafar, Co-Chair of the taskforce, commended DP World for its leadership in assessing and managing development impact, noting that the report provides valuable information for investors to make informed decisions.

By following the Impact Disclosure Guidance, DP World enhances transparency and ensures that its investments align with rigorous impact measurement standards. This commitment further supports global initiatives aimed at achieving the UN’s SDGs.

Share:

Related Insights

Citi joins London Precious Metals Clearing Limited as clearing member

Fertility group IVI RMA partners with Conceivable Life Sciences for automated US lab rollout

Materna Medical secures $5 million in latest financing round for healthcare expansion

Catalyst Fund hits 30 million USD second close to back African climate startups

KSrelief and UNDP sign joint agreement to economically empower rural women in Syria

Namibia Investment Promotion and Development Board appoints Julia Muetudhana as Acting Chief Executive Officer

Almi Invest GreenTech and Unconventional Ventures co-lead SEK 28 million investment in Digiclean

Swedfund backs Philippine private equity fund to drive corporate expansion