PRESSR: The Ministry of Industry and Advanced Technology adopts the Green ICV standard within the National Added Value Program to enhance the competitiveness and sustainability of companies in the country.

The benefits of the new standard for companies will begin to apply as of this October

Companies and factories will benefit from their participation in national sustainability efforts, water management, effective material recycling and emissions reduction

UAE - Abu Dhabi: On the sidelines of the activities of the thirty-ninth session of the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC” 2023, held at the Abu Dhabi Exhibition Centre, the Ministry of Industry and Advanced Technology announced the adoption of a new standard within the National Added Value Program, under the name (Green ICV) to encourage practices Sustainability throughout the value chain.

The standard provides companies with the possibility of obtaining additional points in the “National Value Added Program” equation if they commit to implementing sustainability and green standards and policies, as the additional reward reaches 3% and is determined by measuring the practices of companies and factories towards sustainability, water management and the effectiveness of material recycling. And reduce emissions.

Sustainability and competitiveness

This step aims to enhance the competitiveness and sustainability of the industrial sector in the country in line with the objectives of the National Strategy for Industry and Advanced Technology, “Project 300 Billion,” and to support the UAE’s 2031 goals to achieve self-sufficiency and industrial security, enhance national added value, raise the competitive efficiency of national industries, and achieve the UAE’s goals. in reducing emissions.

The new standard represents an added advantage for service companies and factories in their participation in national sustainability efforts, in support of the efforts of the Ministry of Industry and Advanced Technology to enhance the participation of all sectors in achieving the goals of the UAE strategic initiative to achieve climate neutrality by 2050, and to implement circular economy standards.

Application criteria

The criteria for implementing sustainability include evaluating the participation of factories and companies in national sustainability efforts, water management, the effectiveness of recycling materials, reducing emissions, obtaining international standard specifications “ISO” certificates for the environment, and in addition to the environmental label for green factories from the Environment Agency in Abu Dhabi. Service providers and factories will be able to apply for the new standard starting on the fifth. From October.

Submission mechanism

Applications for the additional points provided by the new standard are made through companies registered to grant the National Value Added Program certificate, where companies and factories will be able to submit the required documents to confirm their commitment to sustainability standards and policies, provided that they are subject to evaluation by specialized companies, and if the applicant’s commitment to the requirements of the standard is proven, their results will be added. To be evaluated in the National Value Added Programme.

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About the Ministry of Industry and Advanced Technology

The Ministry of Industry and Advanced Technology was established in the United Arab Emirates in July 2020, with the aim of empowering the industrial sector in the country and raising its contribution to the GDP. The tasks and powers of the Office of the Minister of State for Advanced Technology, the Emirates Authority for Standardization and Metrology (ESMA), and the Industry Sector of the Ministry of Energy and Infrastructure, have been merged into the new ministry structure.

The Ministry undertakes the tasks of formulating policies, laws and programs in a way that contributes to providing an ideal work environment that promotes the achievement of comprehensive and sustainable industrial development, attracting foreign direct investments, enhancing national added value, supporting national entrepreneurship, creating job opportunities, attracting talents and creative minds, advancing national cadres, and enhancing Exports and competitiveness of products manufactured in the UAE based on the advanced national quality infrastructure system managed by the Ministry. .

The Ministry employs its expertise, capabilities and powers to support efforts to strengthen the industrial system in the country by facilitating the establishment of industrial complexes, raising industrial capabilities in the country by relying on advanced technology solutions and the Fourth Industrial Revolution, and promoting the growth of sustainable industries in a way that serves national goals towards a diversified national economy based on knowledge, reaching To achieve industrial self-sufficiency.

The Ministry supports the country's efforts to achieve the goals of climate neutrality and the UAE's preparations to host the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28).

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