Miral Launches Impact Fund to Foster Environmental and Social Contributions in Abu Dhabi

Introduction

In a remarkable step towards fostering community development and environmental stewardship, Miral, a premier creator of immersive experiences in Abu Dhabi, has announced the launch of the Miral Impact Fund. This fund is established in collaboration with the Authority of Social Contribution – Ma'an, which serves as the official channel for social contributions by the Abu Dhabi Government. The partnership aims to enhance Miral's commitment towards generating measurable social and environmental impacts across the region.

Overview of the Impact Fund

The Miral Impact Fund is designed to act as a catalyst for responsible growth and sustainable community development. It will focus on four significant pillars: Conservation, Art & Culture, Health & Wellbeing, and Education & Skills Development. Each of these pillars aims to deliver tangible social benefits through specific initiatives and programs that align with the evolving priorities of Abu Dhabi, thus reflecting Miral's dedication to fostering a sustainable and inclusive future.

Dr. Mohammad Abdalla Al Zaabi, Group CEO of Miral, highlighted the significance of this initiative. He stated, "Launching the Miral Impact Fund marks a defining moment in our journey to shape destinations and create a positive legacy. Over the years, we have embedded social responsibility within our core operations, and this fund represents the next logical step in transforming our CSR strategy into measurable action."

Key Initiatives

The Fund's first initiative, titled 'Guardians of the Arabian Gulf', is set to be spearheaded by the Yas SeaWorld Research & Rescue Center located on Yas Island, Abu Dhabi. This initiative aims to protect marine ecosystems and prevent the extinction of endangered species while also training future leaders in conservation.

H.E. Abdullah Humaid Al Ameri, the Director General of Ma'an, expressed the authority's commitment to collaborating with private sectors to achieve Corporate Social Responsibility (CSR) goals. He stated, "We are dedicated to connecting private sector initiatives with projects that address social priorities and support community development. Through this partnership, we aim to propel community contributions towards sustainable initiatives that empower communities and preserve our environment."

Governance and Transparency

To ensure effective governance and transparency in managing contributions, the Fund will be overseen by a joint steering committee comprising members from both Miral and Ma'an. The committee will consist of notable figures such as Dr. Al Zaabi as the Chair, and H.E. Maysa Alnuwais and H.E. Faisal Alhmoudi among others.

The Pillars of Impact

1. Conservation: Focusing on protecting natural ecosystems and fostering sustainable practices, this pillar aims to promote awareness and environmental stewardship across Abu Dhabi.
2. Art & Culture: This initiative seeks to nurture local talent while preserving cultural heritage and enhancing Abu Dhabi's unique cultural identity.
3. Health & Wellbeing: This pillar emphasizes improving community health through various programs that advocate preventative care and mental health awareness.
4. Education & Skill Development: Here, the goal is to develop a future workforce equipped with the skills needed in a knowledge-based economy, fostering lifelong learning.

Call to Action

The launch of the Miral Impact Fund invites individuals, organizations, and partners to participate in building a more sustainable future. Contributions and proposals can be directed through the fund's dedicated webpage, underscoring Miral's commitment to engage the community in making a positive impact.

Conclusion

As Abu Dhabi strives towards achieving its Vision 2030, the creation of the Miral Impact Fund epitomizes a significant move towards enhancing social responsibility within the community. With its focus on integral areas of environmental and social development, this initiative promises not only to positively influence the community but also to create a lasting legacy for future generations.