Vienna, Austria / Abu Dhabi, United Arab Emirates // November 7, 2024
Borealis is delighted to renew its valued partnership with three esteemed social and educational organizations in the United Arab Emirates (UAE). Through the Borealis Social Fund, a total of AED 3 million will be divided equally between the Emirates Foundation, the UAE Paralympic Committee and the Emirates National Schools to support these organizations for another year. The signing ceremony, which took place in Abu Dhabi on November 7, was attended by Borealis CEO Stefan Doboczky and representatives from each of the three organizations. "For more than a decade, the Borealis Social Fund has been instrumental in supporting the remarkable and impactful initiatives of these three prominent institutions in the UAE. Each organization is committed to improving education and promoting social cohesion. At Borealis, we are honored to contribute to the success of these vital and diverse programs," said Stefan Doboczky.
Emirates Foundation and Borealis: Empowering, Inspiring, and Supporting UAE Youth through Volunteering Initiatives and Activities
The renewed partnership between Borealis and Emirates Foundation strengthens a long-standing collaboration that has greatly benefited UAE communities by prioritizing volunteering, capacity building, and promoting responsible behaviors in essential areas such as environmental and community development. With support from the Borealis Social Fund, Borealis contributes to Emirates Foundation’s initiatives, all focused on fostering positive social impact and advancing sustainable development. “The foundation of a resilient society lies in empowering its community. Our renewed partnership with Borealis reflects our commitment to this community-centered approach. Together, we aim to inspire and support UAE communities through volunteering initiatives and capacity building, creating an environment that encourages active civic engagement and strengthens community resilience. Through our combined efforts, we champion sustainable development and drive meaningful social change, equipping communities to address the challenges of tomorrow,” says H.E. Ahmed Al Shamsi, CEO of Emirates Foundation.
Photo: Partnership Agreement between Borealis and Emirates Foundation signed by Stefan Doboczky, Borealis CEO, and H.E. Ahmed Al Shamsi, CEO at the Emirates Foundation
© Borealis
UAE Paralympic Committee and Borealis: Championing Inclusivity and Societal Impact
The UAE Paralympic Committee strives to be a leader in the region and to promote adaptive sports for people of determination in the UAE. Borealis has been a steadfast partner for over a decade, supporting the integration of athletes into society. Most recently, this partnership has been vital in preparing athletes for the 2024 Paralympic Games in Paris, France. "We greatly appreciate Borealis' significant support for sports for the people of determination in the UAE, especially as we prepare for major Paralympic events on the global and regional stage," said H.E. Mohammed M. Fadhel Al Hameli, Chairman of the UAE Paralympic Committee. "Borealis has consistently demonstrated its commitment to corporate social responsibility, making a positive impact on communities and promoting the inclusion of all segments of society."
Photo: Partnership Agreement between Borealis and UAE Paralympic Committee signed by Stefan Doboczky, Borealis CEO, and H.E. Mohammed M. Fadhel Al Hameli, Chairman of the UAE Paralympic Committee
© Borealis
Emirates National Schools and Borealis: Pioneering quality education for future leaders
Emirates National Schools is dedicated to transforming students into lifelong learners and influential leaders who represent the UAE on the global stage. The partnership with Borealis, has significantly enhanced the school's capabilities. This includes the development of advanced virtual learning platforms, state-of-the-art IT labs and innovative electronic learning systems. In addition, Borealis' support has enabled students to participate in cutting-edge programs focused on sustainability, recycling, technology, science and agriculture, fostering a culture of innovation and leadership. "We greatly appreciate Borealis' unwavering support and collaborative spirit in our partnership," said Lachlan Ewen MacKinnon, Director General of Emirates National Schools. "Borealis has demonstrated a deep commitment to education and shares our vision of developing future leaders. Their contributions have been instrumental in enriching our students' educational experience and advancing our mission to provide a world-class education.”
Photo: Partnership Agreement between Borealis and Emirates National Schools signed by Stefan Doboczky, Borealis CEO, and Lachlan Ewen MacKinnon, Director General of Emirates National Schools
© Borealis
END
This media release is available in German and Arabic language.
Media contacts:
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Borealis Group Media Desk
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Borealis Office, United Arab Emirates
Samer Alnobani
Tel: +971 50 6171834 (Abu Dhabi, UAE)
E-mail: Samer.AlNobani@borealisgroup.com
2024 11 07 MR Borealis Social Fund UAE 2024 AR download
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Photo: Stefan Doboczky, Borealis CEO, and Thomas Boesen, VP Middle East, with representatives from the three partner organizations (Emirates Foundation, UAE Paralympic Committee and Emirates National Schools)
© Borealis. image. 1.59mb
Photo: Partnership Agreement between Borealis and Emirates Foundation signed by Stefan Doboczky, Borealis CEO, and H.E. Ahmed Al Shamsi, CEO at the Emirates Foundation
© Borealis. image. 1.54mb
Photo: Partnership Agreement between Borealis and UAE Paralympic Committee signed by Stefan Doboczky, Borealis CEO, and H.E. Mohammed M. Fadhel Al Hameli, Chairman of the UAE Paralympic Committee
© Borealis. image. 1.62mb
Photo: Partnership Agreement between Borealis and Emirates National Schools signed by Stefan Doboczky, Borealis CEO, and Lachlan Ewen MacKinnon, Director General of Emirates National Schools
© Borealis. image. 1.53mbAbout Borealis
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. In Europe, Borealis is also an innovative leader in polyolefins recycling and a major producer of base chemicals. We leverage our polymer expertise and decades of experience to offer value-adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility. With customers in over 120 countries and head office in Vienna, Austria, Borealis employs around 6,000 people. In 2023, we generated a net profit of EUR 216 million. OMV, the integrated energy, fuels & feedstock and chemicals company headquartered in Vienna, Austria, owns 75% of our shares. The Abu Dhabi National Oil Company (ADNOC), based in the United Arab Emirates (UAE), owns the remaining 25%.
In re-inventing essentials for sustainable living, we build on our commitment to safety, our people, innovation and technology, and performance excellence. We are accelerating the transformation to a circular economy of polyolefins and expanding our geographical footprint to better serve our customers around the globe. Our operations are augmented by two important joint ventures: Borouge (with ADNOC, headquartered in the UAE); and Baystar™ (with TotalEnergies, based in the US).
www.borealisgroup.com | www.borealiseverminds.com
About the Borealis Social Fund
Established in 2008, the Borealis Social Fund, underpins Borealis’ role as a socially responsible company. Each year, a portion of the Group’s net profit is dedicated to the Fund, based on clearly defined allocation rules. To maximize the impact of its engagement and to align Borealis’ social engagement activities with the Company’s Purpose and its Strategy 2030, with its strong focus on sustainability, the Group has defined three areas of social engagement that directly contribute to the UN Sustainable Development Goals (UN SDGs): Education & Social Integration, Water & Energy, and Waste & Resource Efficiency.
Borealis believes that young people’s ideas, creativity, and skills will determine the future of the economy and social stability. Therefore, the Borealis Social Fund nurtures young people’s interest in chemistry and science, supports the educational system to meet future challenges, and integrates marginalized, poor, and underprivileged people. Another focus area of the Fund is to provide access to safe drinking water, and reliable, affordable renewable energy in developing and emerging countries, under the umbrella of Water for the World, a program established by Borealis and Borouge.
Furthermore, Borealis is committed to preventing plastic waste in the environment by helping to establish efficient and low-cost circular waste management systems in emerging and developing countries. Launched in 2017 by Borealis and Systemiq, Project STOP works hand in hand with city governments to create effective waste management systems in Indonesia.
www.borealisgroup.com/company/sustainability/social-engagement
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