Enova signs Framework Agreement with Majid Al Futtaim Retail

Move comes in line with Majid Al Futtaim’s commitment to become Net Positive by 2040
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Enova signs Framework Agreement with Majid Al Futtaim Retail (300.66 KB)


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. 
 

Our sustainability ambitions required a strategic partner that can bring the latest solutions to achieve optimum efficiency and end user comfort. Today’s signing with Enova reflects our ongoing commitment to our business sustainability and to the communities in which we operate.
Hani Weiss
Chief Executive Officer, Majid Al Futtaim Retail
Majid Al Futtaim has already recognized the criticality of corporate environmental stewardship and the company’s vision is perhaps the most ambitious in the region. Our unique integrated offering seamlessly combines energy and facilities management, creating win-win situations which concurrently reduce the environmental impact and operating costs. We look forward to helping our colleagues at Majid Al Futtaim Retail optimize both.
Anne Le Guennec
Chief Executive Officer, Enova