Dubai’s unwavering commitment to sustainability is evident through its stringent green building standards, proactive waste management policies, and an increasing emphasis on Environmental, Social, and Governance (ESG) reporting. In light of the evolving regulatory landscape, particularly with the introduction of the UAE Federal Climate Change Mitigation Law, businesses must align with these standards to ensure compliance, enhance corporate reputation, and maintain a competitive edge.
At Clenergize Consultants, we offer comprehensive expert ESG consulting services in Dubai, assisting businesses with sustainability reporting, ESG compliance, carbon reduction strategies, and green building certifications such as LEED and Estidama. Our expertise ensures that organizations not only meet but exceed the requirements set forth by the new climate mitigation regulations.
The UAE government actively promotes ESG initiatives to drive corporate sustainability. Companies listed on the Dubai Financial Market (DFM) are now mandated to submit an ESG report, reflecting their sustainability efforts, carbon footprint, and governance practices. This requirement underscores the nation's dedication to transparency and environmental responsibility.
Key drivers for ESG adoption in Dubai include:
In a landmark move, the UAE has pledged to cut emissions by 47% by 2035 compared to 2019 levels, as part of its updated Nationally Determined Contributions (NDCs) under the Paris Agreement. This ambitious target is a testament to the UAE's commitment to transitioning towards a sustainable, low-carbon economy. The UAE Federal Climate Mitigation Law serves as a legislative backbone to achieve these goals, focusing on:
Navigating the complexities of the UAE Federal Climate Mitigation Law requires expertise and a strategic approach. Clenergize Consultants is equipped to guide businesses through this transition with the following services:
Incorporating the UAE Federal Climate Mitigation Law mandates into your business operations is not just about compliance; it's an opportunity to lead in sustainability, attract conscious investors, and build a resilient brand. Clenergize Consultants is dedicated to partnering with businesses in Dubai to navigate this journey.
Our team of experts brings a wealth of experience in ESG consulting, environmental compliance, and sustainable development. We understand the unique challenges and opportunities within the UAE's regulatory framework and are committed to delivering solutions that drive measurable results.
Contact Clenergize to strengthen your ESG strategy, ensure compliance with the UAE Federal Climate Mitigation Law, and drive sustainable business growth.
SB 253, also known as the Climate Corporate Data Accountability Act, requires companies with annual revenues over $1 billion doing business in California to disclose their Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. Reporting begins in 2026 for Scope 1 and 2 emissions (covering the 2025 fiscal year) and in 2027 for Scope 3 emissions.
SB 261 requires companies with annual revenues over $500 million operating in California to disclose climate-related financial risks and their mitigation strategies. The disclosures, starting in 2026, must align with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.
Scope 1: Direct emissions from owned or controlled sources (e.g., on-site fuel combustion). Scope 2: Indirect emissions from the purchase of electricity, steam, heat, or cooling.Scope 3: All other indirect emissions in a company’s value chain, including supply chain emissions, transportation, and product lifecycle emissions.
Non-compliance will result in penalties from the California Air Resources Board (CARB). SB 253: Fines up to $500,000 per reporting year. SB 261: Fines up to $50,000 per reporting year. Additionally, companies risk reputational damage and potential loss of investor confidence.
Clenergize Consultants provides: