| Kippreport.com

Abraaj Capital gets a B+ on its 1st Sustainability Report

August 2, 2011 11:58 by Precious de Leon

The report was prepared using the Global Reporting Initiative (GRI) G3 guidelines and evaluates the progress Abraaj Capital has achieved on its economic, social and environmental commitments in 2010. The report has been assessed as application level B+ from GRI and received a limited assurance statement from KPMG.

Abraaj Capital believes that by embedding sustainability management into its business and adopting global best practice environmental, social and governance principles (ESG), it is possible to enhance long-term value creation for investors, shareholders and wider stakeholders, according to a release announcing the report.

Its sustainability initiatives include social investing, transparency and

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Tags: abraaj, Abraaj Capital, B+ Abraaj, MENASA Abraaj, Sustainability report