DP World has expanded its Sustainable Development Impact Disclosure (SDID) to cover Brazil, Senegal, and South Africa. The move furthers DP’s commitme
DP World has expanded its Sustainable Development Impact Disclosure (SDID) to cover Brazil, Senegal, and South Africa. The move furthers DP’s commitment to the UN’s Sustainable Development Goals (SDGs).
This expanded report, following the company’s initial April 2024 disclosure focused on India and Somaliland, underscores DP World’s efforts in resilient infrastructure, community engagement, and gender equality through strategic investments.
Meeting standards
In Brazil, DP World is working with logistics company Rumo on a terminal project at Santos, a major agricultural logistics hub. This terminal will handle up to 12.5 million tonnes of grains and fertilizers annually, boosting the country’s agricultural trade capacity. Meanwhile, DP World’s $300 million investment in Senegal has significantly upgraded the local terminal, increasing handling capacity from 265,000 TEUs in 2008 to 800,000 TEUs in 2023. This improvement strengthens sub-regional trade connectivity and access to hard-to-reach markets.
Sultan Ahmed bin Sulayem, DP World’s Group Chairman and CEO, highlighted the company’s commitment to global investments that enhance trade resilience and social impact, particularly in developing economies. By following the guidance of the Impact Disclosure Taskforce, DP World is pioneering best practices in impact reporting, providing SDG-focused investors with insights into how its strategies support country-specific development goals.
This impact-focused approach is not only designed to meet high standards in measuring and managing outcomes but also aligns DP World’s securities with sustainable capital, supporting worldwide SDG efforts.
