DP World has issued the Middle East and North Africa’s (MENA) first US$100 million Blue Bond to fund sustainable projects and environmental initiatives, His Excellency Sultan bin Sulayem, Group Chairman and CEO, DP World, said. The bond aims to bridge critical funding gaps tied to the UN SDGs, reinforcing the region’s commitment to sustainability and eco-conscious development. His Excellency said, “It is our ambition to lead our industry towards a sustainable blue economy as we work with our partners to remove barriers to comprehensive climate and ocean action. This Blue Bond will lay the foundation for the years to come. This issuance represents our second foray into the sustainable financing capital markets highlighting our commitment to sustainability and demonstrates our approach towards sustainable business practices.”
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