Gulf Today BY OUR BUSSINESS BUREAU

DUBAI: Dubai Properties Group, a member of Dubai Holding, on Saturday announced the release of its inaugural Corporate Responsibility Report, the first by a real estate company in the Middle East to be endorsed by the Amsterdam-based Global Reporting Initiative (GRI), the world’s leading multi-stakeholder organisation.

The report describes in detail Dubai Properties Group’s philosophy, programmes and achievements in the areas of environment, people, market and community.

The Report is based on Dubai Properties Group’s definition of Corporate Responsibility. The company considers it not only a matter of philanthropy, but an ethical obligation to reduce the negative impact the company’s operations might potentially have on the Environment and increase the positive influence on the Market, the Communities and the People.

“The current global economic crisis has highlighted once again that stability and long term viability are the core factors that should be closely considered while charting the annual growth and financial achievements of an organisation. Viability cannot be achieved in the absence of responsibility, and this is why we decided to proceed with the release of our first Corporate Responsibility Report, even in these turbulent times.” Mohammed Binbrek, Group CEO of Dubai Properties Group, said.

“The determination of our staff members has ensured the release of this report, which has listed our accomplishments, was achieved in a responsible manner.