DEWA is the first organisation to win two Global Corporate Governance Awards from Cambridge IFA

Published: 17 July 2019 - 1:29 p.m.
By: Baset Asaba

Press Release: Dubai Electricity and Water Authority (DEWA) won two prestigious awards at the 2019 Global Good Governance Awards from Cambridge IFA in the UK. DEWA was awarded the Global Good Governance Excellence in Corporate Governance Award 2019, and Global Good Governance Best Corporate Governance Reporting Award 2019, making it the only organisation in the world to win these awards, due to its excellence in corporate governance.

“The vision and directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, constitute a road map we follow in our work to reach number one and achieve the highest levels of quality and excellence in all areas; thus, contributing to the UAE Centennial 2071 and UAE Vision 2021 to position the UAE among the best countries in the world. These awards reflect our efforts in corporate governance and confirm our commitment to global best practices to take our services to the highest levels of efficiency and reliability, to achieve our vision of becoming a globally leading sustainable innovative corporation,” said Saeed Mohammed Al Tayer, MD & CEO of DEWA.

"These awards join our list of achievements at the local, regional, and global levels as part of our continuous efforts to apply the best governance systems and practices in all our operations and activities, with the help of a highly competent and professional team that have helped make DEWA, a global model to be followed in all fields,” concluded Al Tayer.

The Cambridge IFA Global Good Governance Awards honour individuals, governments, public and private organisations, and non-governmental organisations worldwide that promote governance and sustainability as a strategic priority in their work and activities. The Global Good Governance Awards highlight excellence in good governance and commitment in three main paths: the government institutions sector, the social sector, and charitable work. The awards promote good governance and commitment to social well-being by recognising the efforts of individuals, governments, companies, and non-governmental organisations in practising good governance principles. The awards also recognise the implementation of innovative practices, programmes, and projects that promote good governance, transparency, and social responsibility among governments, businesses, and NGOs.

The Global Good Governance Awards are sponsored by Cambridge IFA, based in London UK, a group that specialises in the development and use of global innovative, powerful analytical tools for business and macro-economic data assessment, market trends, leadership status, and trademarks.

Since the programme’s launch, more than 50 awards have been presented to a range of individuals and institutions that have shown exceptional performance in more than 15 countries. These include individuals and organisations in the public sector and aviation companies as well as in the tourism, financial services, manufacturing, education, energy, and social sector organisations working in different areas such as health, women empowerment, and child welfare.

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