UDC gold sponsors Qatar University’s CSR report and receives honor for its social responsibility efforts

March 26, 2018 / News

United Development Company (UDC), a leading Qatari shareholding company and master developer of The Pearl-Qatar, has sponsored the sixth edition of Qatar University's Corporate Social Responsibility report, entitled "Citizenship". Qatar University honored UDC for its efforts, presenting the report’s gold sponsor with the CSR Award during a ceremony held under the patronage of HE Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Prime Minister and Minister of Interior, also awarding HE Sheikh Ahmed Bin Jassem Al-Thani, Minister of Economy and Commerce as CSR person of the year.


The Citizenship report highlights the efforts of Qatari institutions and their success in overcoming the blockade, examines their achievements in support of the nation, and sheds light on their contributions to sustainable development and the accomplishment of the four pillars of the Qatar National Vision 2030.


Dr. Hassan Rashid Al-Derham, President of Qatar University, presented the award to UDC’s Executive Director – Commercial, Mr. Abdulrahim Al-Ibrahim in recognition of the company's efforts and commitment to adopting the highest social responsibility standards in terms of; its commitment to protecting employees’ rights and social welfare, its efforts to mitigate the negative impact of its construction projects on the local environment, its provision of various social services, its embracement of disclosure and transparency principles, and its endorsement of corporate governance standards.


UDC’s CSR strategy rests on four pillars: the company’s responsibility towards its employees, the community, the environment and its commitment to corporate governance standards.


UDC believes that attracting and retaining the best possible people is important. Therefore, the company has provided a workplace in which people would want to work, a work environment and culture where all employees are treated fairly, and a workforce that reflects the diversity of the community at large in Qatar. UDC seeks to provide opportunities for training and development to all its employees, ensuring they acquire the skills, capabilities and ability to be the best they can be.


On the environmental level, UDC is committed to caring for the environment as evidenced by the attention it gives to incorporating sustainable development programs into the company’s business decisions and practices. UDC’s efforts focus on issues covering appropriate management and recycling of waste, environmentally friendly processes and packaging, optimization of energy consumption in all company operated and managed projects and developments, use of environmentally friendly technologies such as district cooling, and constant awareness campaigns to reduce environmental impacts and use of natural resources.


When it comes to its responsibility towards the community, UDC is committed to the economic and social well-being of the citizens and residents of Qatar. As such, the company has invested substantial financial resources to fund initiatives that foster economic, social, educational, health and environmental stability, improving as a result the quality of life in Qatar.


On the corporate level, UDC has maintained, since its incorporation, a good record of compliance with all applicable rules and regulations. It has constantly reviewed its management control system to maintain transparency and accountability, as well as to enhance the company’s overall performance.

UNITED DEVELOPMENT COMPANY

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