whatsapp

UAE firms outpace global peers on sustainability investment: HSBC

  • 0
  • 266
/media/UAE_firms_outpace_global_peers_on_sustainability_investment_HSBC.webp © Image Copyrights Title

Businesses in the UAE are accelerating sustainability investment faster than their global counterparts, with a strong majority viewing climate transition as both a commercial opportunity and a strategic priority, according to a new study released by HSBC during Abu Dhabi Sustainability Week.

The findings form part of HSBC’s Global Sustainability Pulse Survey, which collected responses from senior decision-makers across 12 international markets. The data shows that UAE companies are moving more quickly from climate ambition to execution, particularly in areas such as infrastructure investment, technology adoption and long-term resilience planning.

HSBC said 94% of UAE businesses believe the climate transition represents a commercial opportunity, either as a growing focus or a core strategic priority. Around 90% said they plan to accelerate their climate transition strategies over the next three years, more than 12 percentage points above the global average.

More than half of UAE firms surveyed, 55%, said they intend to invest in climate-resilient infrastructure and technology to reduce exposure to climate-related risks. This compares with a significantly lower global rate, reinforcing the UAE’s position as a regional leader in sustainability-driven capital deployment.

Technology uptake is already well advanced, with 56% of UAE businesses identifying themselves as advanced adopters of climate-related technologies. However, 53% said greater access to affordable financing will be critical to scaling and deploying these solutions, highlighting the role of banks and capital markets in supporting decarbonisation efforts.

“The survey underscores the extent to which sustainability is embedded in the UAE’s economic agenda,” said Mohamed Al Marzooqi, chief executive of HSBC Bank Middle East in the UAE. He added that investment in new technologies and resilient infrastructure is progressing “well ahead of global peers.”

The study also found that 89% of UAE businesses see climate transition as highly important to brand and reputation, compared with a global rate of 72%. About 44% said reduced competitiveness would be a key risk if climate goals are not met, versus a global average of 34% citing loss of investor confidence or financing challenges.

Jennifer Chammas, HSBC’s regional head of sustainable finance and transition for the Middle East, said the findings highlight the need for practical enablers. She noted that turning transition plans into action will require close collaboration between policymakers, corporates and financial institutions.

HSBC said the survey conclusions were reinforced by research released during Abu Dhabi Sustainability Week, including a report by the UAE Alliance for Climate Action, which assesses how non-state actors are navigating decarbonisation, and a study by the Mohammed Bin Rashid School of Government examining physical climate risks across the GCC.

The bank said combining global survey insights with local research is intended to help UAE businesses better manage climate risks while translating sustainability targets into operational and investment strategies.

Related Posts
© UAE Gold Prices Jump Over Dh10 as War Fears Drive Safe-Haven Rush

UAE Gold Prices Jump Over Dh10 as War Fears Drive Safe-Haven Rush

Gold prices in the UAE surged sharply on Monday morning, rising by more than Dh10 per gram as investors and buyers shifted toward safe-haven assets amid escalating conflict in the Middle East....

  • 103
© UAE Airports Suspend Flights as Regional Airspace Closures Continue

UAE Airports Suspend Flights as Regional Airspace Closures Continue

Flight operations across the United Arab Emirates remained suspended on Monday as ongoing regional airspace closures disrupted schedules for national and international carriers, aviation authorities c...

  • 105
© UAE Banks Tighten Digital Security With Biometric Logins and AI Fraud Controls

UAE Banks Tighten Digital Security With Biometric Logins and AI Fraud Controls

Dubai — Banks across the UAE are strengthening digital security measures as new directives from the Central Bank of the UAE require financial institutions to move away from SMS and email-based one-tim...

  • 138
© Schengen Visa Rejections for UAE Residents in 2026: Key Reasons and How to Avoid Them

Schengen Visa Rejections for UAE Residents in 2026: Key Reasons and How to Avoid Them

Dubai — For many UAE residents planning trips to Europe, a Schengen visa rejection can disrupt carefully arranged travel plans, including flight bookings, hotel reservations, and scheduled itineraries...

  • 108
© FanDuel Parent Flutter Reports Disappointing Fourth-Quarter Earnings

FanDuel Parent Flutter Reports Disappointing Fourth-Quarter Earnings

New York: Flutter Entertainment, the parent company of FanDuel, reported fourth-quarter earnings on Thursday that fell short of Wall Street expectations across key financial metrics, sending shares do...

  • 152
© M&S Not Leaving the Philippines, Names New Franchise Partner in Growth Pivot

M&S Not Leaving the Philippines, Names New Franchise Partner in Growth Pivot

Manila: British retail giant Marks & Spencer has confirmed it is not exiting the Philippine market, despite ending its long-standing partnership with local operator SSI Group Inc....

  • 301
© Germany’s Merz Secures Airbus Deal for Up to 120 Aircraft During Beijing Talks with Xi

Germany’s Merz Secures Airbus Deal for Up to 120 Aircraft During Beijing Talks with Xi

German Chancellor Friedrich Merz said China has agreed to purchase up to 120 aircraft from European aviation giant Airbus, following high-level talks with Chinese President Xi Jinping in Beijing....

  • 155
© Saudi Arabia Eases Regional HQ Rule, Offers Limited Relief to UAE Firms Bidding for Government Contracts

Saudi Arabia Eases Regional HQ Rule, Offers Limited Relief to UAE Firms Bidding for Government Contracts

Saudi Arabia has introduced limited exemptions to its regional headquarters (RHQ) rule, offering some flexibility to foreign companies, including many based in the UAE, seeking to bid for government p...

  • 161
© UAE Breaks Into World’s Top Three Residence Destinations for First Time

UAE Breaks Into World’s Top Three Residence Destinations for First Time

Dubai — The United Arab Emirates has entered the world’s top three residence destinations for the first time, following a sharp rise in the 2026 Global Residence Program Index published by Henley & Pa...

  • 186
© Dubai Gold Prices Rise Again as Global Tensions Drive Safe-Haven Demand

Dubai Gold Prices Rise Again as Global Tensions Drive Safe-Haven Demand

Dubai — Gold prices in Dubai edged higher on Wednesday morning, extending gains in a month marked by volatility driven by global trade tensions, geopolitical risks and uncertainty over U.S. monetary p...

  • 165
© Drone Deliveries Expected to Ease Peak-Hour Traffic in Dubai Communities

Drone Deliveries Expected to Ease Peak-Hour Traffic in Dubai Communities

Drone delivery services could begin easing congestion in Dubai’s residential neighbourhoods during peak hours, according to a senior executive at Keeta Drone....

  • 173
© UAE Issues Electronic Invoicing Guidelines Ahead of National Rollout

UAE Issues Electronic Invoicing Guidelines Ahead of National Rollout

The Ministry of Finance has released the UAE’s official Electronic Invoicing Guidelines, providing businesses with a structured framework as the country prepares for the nationwide rollout of its e-in...

  • 195
© Emirates, Etihad Cancel UAE–US Flights Due to Snowstorm

Emirates, Etihad Cancel UAE–US Flights Due to Snowstorm

Abu Dhabi/Dubai: Emirates and Etihad Airways have cancelled and delayed several flights between the UAE and the United States because of a severe winter storm affecting the US East Coast....

  • 175
© Trump Tariffs Ruled Illegal, New 15% Import Tax Announced

Trump Tariffs Ruled Illegal, New 15% Import Tax Announced

Dubai: The US Supreme Court has ruled that President Donald Trump’s broad tariff plan was illegal, saying he did not have the authority to impose sweeping import taxes without Congress....

  • 157
© Dubai Crosses 4 Million Residents as Property Deals Near Dh900 Billion

Dubai Crosses 4 Million Residents as Property Deals Near Dh900 Billion

Dubai: Dubai’s population has crossed four million residents, marking a major milestone for the emirate. The increase is directly supporting strong housing demand and record property transactions....

  • 163
© AI Job Cuts: 8 Major Companies Reducing Staff as Automation Expands

AI Job Cuts: 8 Major Companies Reducing Staff as Automation Expands

Dubai: Artificial intelligence is no longer just a future technology. It is already changing how large companies operate, and in many cases, it is reducing the number of human workers....

  • 151
© Nvidia in Talks to Invest Up to $30bn in OpenAI

Nvidia in Talks to Invest Up to $30bn in OpenAI

Nvidia is in discussions to invest up to $30 billion in OpenAI as part of a funding round that could value the artificial intelligence startup at a $730 billion pre-money valuation, according to a sou...

  • 198
© UAE Resident Wins Credit Card Case as Court Rejects Bank’s Fine-Print Claim

UAE Resident Wins Credit Card Case as Court Rejects Bank’s Fine-Print Claim

A UAE resident has won a credit card dispute after a court ruled that a bank cannot rely on routine “terms and conditions” updates to make major contractual changes without explicit customer consent....

  • 196
© Dubai Financial Market Up 11% in 2026: Dh10,000 Investment Gains Over Dh1,000

Dubai Financial Market Up 11% in 2026: Dh10,000 Investment Gains Over Dh1,000

Investors who placed money in Dubai-listed shares at the start of 2026 have already seen steady gains, as the Dubai Financial Market (DFM) climbed more than 11 per cent so far this year....

  • 210
© Thales to Hire 9,000 in 2026; 60 Roles Announced for UAE

Thales to Hire 9,000 in 2026; 60 Roles Announced for UAE

French defence and aerospace major Thales has announced plans to recruit more than 9,000 employees worldwide in 2026, including 60 new positions in the United Arab Emirates and 30 roles in Saudi Arabi...

  • 164
Commnets 0
Leave A Comment