November 23, 2024

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Solutions+ signs an MOU with Mubadala Investment Company for Decarbonization Initiatives

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Solutions+, a Mubadala company, and Mubadala Investment Company have signed a Memorandum of Understanding (MOU) at COP28, solidifying a strategic partnership on a decarbonization journey for corporate operations, leveraging Solutions+’s expertise in shared services and sustainable practices.

This multifaceted partnership is set to encompass crucial aspects such as annual carbon emissions calculation, implementation of energy efficiency measures and enhance overall operational sustainability, aligning with Mubadala’s commitment to being a responsible investor.

Commenting on the partnership, Nasir Nabhani, CEO at Solutions+, said: “We are happy to embark on this journey with Mubadala Investment Company to drive meaningful change in the realm of decarbonization. Our collaboration signifies a shared commitment to environmental responsibility, and we are confident that our collective efforts will make a significant impact.”

Mansour Al Ketbi, Executive Director of Digital & Corporate Services at Mubadala said: “A central component of Mubadala’s mandate is to create opportunities for future generations. This collaboration with Solutions+ represents a meaningful step towards safeguarding that future by further integrating climate considerations into our corporate operations. We are delighted to be taking this step with Solutions+ and to be working to collectively to help achieve our National Net Zero Targets.”

This collaboration aligns with both organizations’ dedication to supporting the net zero commitment of the UAE’s Government and marks a pivotal step towards a greener and more resilient future.

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