By Elias Al Helou

Home Sector Real Estate DAMAC Properties strengthens commitment to sustainability at DEWA’s WETEX 2024 with innovative solutions

DAMAC Properties strengthens commitment to sustainability at DEWA’s WETEX 2024 with innovative solutions

DAMAC launched its first Sustainability Report which highlights the organisation’s key ESG goals and vision

DAMAC is a Titanium Sponsor of WETEX 2024 and dedicated and aligned with Dubai's Clean Energy Strategy 2050. (Photo Credit: DAMAC)

Published: Wed 2 Oct 2024, 10:46 AM

Last updated: Wed 2 Oct 2024, 11:36 AM

DAMAC Properties has returned as a Titanium Sponsor for the 26th Water, Energy, Technology, and Environment Exhibition (WETEX 2024). Organized by the Dubai Electricity and Water Authority (DEWA), the exhibition was inaugurated on Tuesday, October 1, by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, and will run until October 3, 2024, under the directives of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

This sponsorship further reinforces DAMAC’s dedication to promoting sustainability and environmental stewardship. The company’s vision is closely aligned with Dubai’s Clean Energy Strategy 2050 and the UAE’s Net Zero by 2050 objectives, emphasizing the integration of climate-conscious designs and technology-driven solutions in its projects. The exhibition will also feature DAMAC’s inaugural “Sustainability Report,” which outlines the organization’s key objectives and vision.

Launch of sustainability report

“DAMAC is proud to return to WETEX as a Titanium Sponsor for its 26^th edition, underlining our efforts to support Dubai’s vision of creating sustainable, integrated communities powered by advanced technologies. The launch of our Sustainability Report highlights the Group’s Environmental, Social and Governance excellence, including significant strides in reducing carbon emissions, enhanced water conservation efforts, a commitment to fostering a diverse and inclusive workforce, and strong governance practices that align with global sustainability standards, said Hussain Sajwani, chairman and founder of DAMAC Properties.

Moreover, Mohammed Tahaineh, general manager, Projects, DAMAC, said: “Our upcoming LEED Platinum pre-certified DAMAC Lagoons community is one example of many smart solutions in promoting renewable energy sources, innovative smart waste management initiatives, and energy-efficient technologies that we will continue to integrate into our projects.”

Furthermore, having delivered over 47,000 homes, DAMAC has positioned itself as a leader in the luxury real estate sector in the Middle East.

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