UAE-based investment bank Alpen Capital (ME) Limited, Dubai, was recognised for its sustainability and corporate social responsibility (CSR) efforts by the Dubai Chamber of Commerce and Industry (DCCI).

Alpen Capital said it won the CSR Label for the fourth consecutive year.

The company received the honour from Hamad Buamim, president and chief executive officer, DCCI, at a ceremony held at the chamber’s head office recently.

The Dubai Chamber CSR Label has been designed to provide a diagnostic framework, learning and development tool that will help to refine and improve CSR strategy, policies and practices in the UAE.

CSR is an important part of Alpen Capital’s strategy and is reflected in its approach towards employees, vendors, the larger community as well as the environment, said a statement from the company.  

In addition to encouraging employees to volunteer and be a part of all its initiatives, it also maintains long standing partnerships with charity organisations and NGO’s such as Dubai Cares, Emirates Environmental Group, Al Noor Training Centre for Children with Special Needs and supports them in their efforts towards a better future, it stated.

Speaking at the event, Buamim said: “The chamber believes in rewarding leading businesses that foster responsible business practices, and we are delighted to have the opportunity to present the honour for the fourth time to Alpen Capital (ME) Limited.”

Rohit Walia, executive chairman of Alpen Capital (ME), said: “We are very proud that we are recognised for our CSR practices.”

“Through our initiatives, we hope to have made a difference not only to those whose lives we have touched, but also in terms of highlighting the responsibilities all organisations have towards the community,” he added. – TradeArabia News Service