DP World has extended its Sustainable Development Impact Disclosure (SDID) to include Brazil, Senegal and South Africa.
The move is part of the global logistics company’s ongoing efforts toward achieving the UN’s Sustainable Development Goals and follows its first SDID published in April, which focused on India and Somaliland.
The extended SDID report highlights DP World’s commitment to advancing sustainable development through investments and making a tangible impact across critical areas from resilient infrastructure to community engagement and gender equality, the company said.
“We are committed to investing at scale globally to strengthen trade resilience and foster positive social impacts in the communities where we operate,” said DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem. “We are immensely proud to extend this disclosure and highlight our contributions to advance the UN’s Sustainable Development Goals and bridge gaps in key developing economies.”
This latest report was developed in collaboration with the Impact Disclosure Taskforce, a global network of financial institutions and industry stakeholders dedicated to establishing reliable impact reporting standards. It provides voluntary guidance to companies, particularly in emerging markets, to measure and disclose the intended development impacts of their strategies.
“DP World has been a pioneer in using the Impact Disclosure Guidance to demonstrate how its business strategy will address country specific development challenges in key countries of operations,” said Co-Chair of the Impact Disclosure Taskforce and Head of J.P. Morgan’s Development Finance Institution, Arsalan Mahtafar. “Their commitment to measuring and managing their development impact could provide SDG-focused investors the insights needed for informed investment and engagement decisions.”
In other news, JOST has formed a partnership to promote aerodynamic solutions for trailers.
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