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UAE’s Crescent Enterprises Reaffirms its Commitment to Sustainability with Inaugural Report

UAE’s Crescent Enterprises Reaffirms its Commitment to Sustainability with Inaugural Report

Published 03-23-15

Submitted by Crescent Enterprises

UAE-based conglomerate, Crescent Enterprises has released its first sustainability report, covering operations in 2013 across its 19 subsidiaries and associate companies. The report is the first official demonstration of Crescent Enterprises commitment to setting the foundation for its strategic sustainability path, which will be embedded into every aspect of its business activity, and to publishing an integrated report disclosing both financial and non-financial performance within the next few years.

The key topics covered in the report are the company’s economic footprint, approach to governance and compliance, commitment to employees and other stakeholders,  environmental stewardship, and connecting with society, as well as other areas in which the company leads by example through its approach to governance and compliance.

Ravi Kumar, Executive Director, Crescent Enterprises, said: “To succeed as a conglomerate operating across several geographies, we recognise the need to be actively engaged in the societies we operate in. We realise our strategic growth opportunities are dependent on our responsible and transparent business behaviour and operations, supported by a strong commitment to value creation.” 

“For Crescent Enterprises, sustainability is about aligning our overall business strategy to meet societal needs, while optimising our environmental impact. It is our goal to integrate sustainability in everything that we do and to encourage a similar attitude throughout our group of companies. The launch of our inaugural sustainability report outlines our commitment in these areas, and clearly establishes a goal for our future of sustainability at Crescent Enterprises”, he added.

Crescent Enterprises second sustainability Report, covering the company’s operations in 2014, is currently being compiled. The 2013 sustainability report can be downloaded from www.crescententerprises.com.

 

About Crescent Enterprises:
Crescent Enterprises is a UAE-based conglomerate operating across eight core sectors of the global economy, with an international presence in 22 countries and employing over 6,000 people through its 20 subsidiaries, which are active in Ports and Logistics, Power and Engineering, Aviation, Healthcare, Media and Entertainment, Real Estate and Construction, IT Commerce, and Private Equity. Crescent Enterprises is a wholly-owned subsidiary of the 42-year old Crescent Group, one of the most progressive family business groups in the Middle East & North Africa (MENA) Region. Crescent Petroleum, the energy vertical of the Group, is the first and the largest independent, privately-owned upstream oil & gas company in the Middle East.

For further information, please visit: http://www.crescententerprises.com/

For further information about Crescent Enterprises, please contact:
Claire Valdini | Liam Turner
ASDA’A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Fax: 971-4-4358040
E-mail: claire.valdini@bm.com | liam.turner@bm.com

Crescent Enterprises logo

Crescent Enterprises

Crescent Enterprises

Crescent Enterprises, a wholly owned subsidiary of the Crescent Group, has succeeded in growing a diverse range of sustainable, scalable and profitable operating companies globally since its inception in 2007. Today, through its 20 subsidiaries and affiliates, Crescent Enterprises employs over 6,038 dedicated professionals.

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