In 2021, Majid Al Futtaim Properties’ hotel portfolio adapted to the newest iteration of LEED Platinum Certification and was the first in the region to receive LEED certification across the 13-hotel property portfolio.
In 2017, Majid Al Futtaim made the bold commitment to become Net Positive by 2040, making us the first organisation in the MENA region with such an ambition. In line with this, we also aim to develop an understanding of the embodied carbon in our developments and take measures to reduce emissions where possible.
In 2019, “climate emergency” was declared the word of the year. It was the year where climate change awareness and action sped up at a faster pace than before. Driven by a global social movement and accelerated by the global pandemic, governments and organisations worldwide stepped up their ambitions and committed to becoming net zero
In 2017 we got the chance to explore an exciting recycling opportunity at VOX cinemas that sees waste cooking oil being used to power vehicles. These large entertainment venues include commercial kitchens and restaurants, which use a high volume of cooking oil on a daily basis. This creates a real waste disposal issue because cooking oil can’t be reused indefinitely and it’s difficult to dispose of responsibly when it’s no longer fit for purpose.
We reached a significant landmark in 2016 with the launch of our Renewable Energy White Paper, which sets out plans for an investment in renewable energy of AED 152 million that will reduce our annual carbon footprint by 27,000 absolute tonnes of carbon and will deliver a return on investment in as little as nine years.
Majid Al Futtaim - Retail is proud to be a positive contributor to the local communities we serve. Supporting local industries is important to transforming people’s lives.