Majid Al Futtaim Retail advances its sustainability ambitions via Enova partnership
Move comes in line with Majid Al Futtaim’s commitment to become Net Positive by 2040
Majid Al Futtaim Retail, which holds the exclusive franchise rights to operate Carrefour in 38 countries across the Middle East, Asia and Africa, today signed an agreement with Enova, a regional leader in integrated energy and multi-technical services, to help it advance its sustainability ambitions, by lowering its utilities consumption, and explore and execute renewable energy solutions.
The arrangement will apply to crucial functions across all markets where Majid Al Futtaim Retail operates, and includes energy and facilities management, renewable energy and technical and advisory services. This new partnership comes as a result of Majid Al Futtaim’s group-wide Net Positive ambitious objectives to reduce its businesses’ water consumption and carbon emissions to the extent that the group puts more back into the environment than it takes out. Enova, a joint venture between Majid Al Futtaim and global leader in optimised resource management, Veolia, boasts a track record of being at the forefront of industry innovation and ability to offer integrated smart solutions to customers.