Arab business leaders commit to reduce energy and water consumption by 20% by 2012

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Business leaders from the Arab world have agreed on staunch commitment to advance and adhere to the principles of environmental responsibility and cleaner production, and set a target to reduce the consumption of energy and water in their operations by 20% by the year 2012.

This commitment was announced in a declaration issued at the end of the Corporate Environmental Responsibility Summit, which convened in Abu Dhabi on 29 November. The summit was attended by over 120 chief executives representing major business sectors from across the region.

The meeting was organized by the Arab Forum for Environment and Development (AFED), and hosted by Environment Agency, under the patronage of HH Sheikh Mohammed Bin Zayed Al-Nahyan, Crown Prince of Abu Dhabi. The initiative was also supported by the United Nations Environment Programme (UNEP) and the World Business Council for Sustainable Development (WBCSD).

During the one-day high-level meeting, business leaders debated ways to integrate environmental considerations into their operations, and shared views and experiences about corporate environmental policies, in view of advancing adequate programs to ensure sustainable business practices.

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