Towards 2030: the Jameel Family reinforces commitment to corporate and philanthropic role in progressing UN Sustainable Development Goals
- Jameel family reinforces their commitment to a better future, celebrating 75 years of commercial success and three quarters of a century of family philanthropy, with the ambition to realize the potential of people, business and communities
- New animated video outlines more than 20 activities contributing to the 17 United Nations Sustainable Development Goals including eliminating poverty, improving education and healthcare, tackling climate change and fostering innovation
Marking 75 years of commercial operations – and three quarters of a century of associated philanthropy – the Jameel family reinforced its commitment to drive positive change and thereby realize the potential of people, business and communities – the guiding principles pioneered by the business’ Founder, the late Abdul Latif Jameel, since its beginnings in the mid-1940s. In doing so, the Jameel family has underlined its ongoing contribution towards the United Nations Sustainable Development Goals (SDG).
A new animated video illustrates numerous achievements of the globally-diversified family business, Abdul Latif Jameel; their global investment arm JIMCO[1], and the family’s philanthropic and community activities, including Bab Rizq Jameel, Art Jameel, Community Jameel Saudi, and Community Jameel.[2] .
In 2015, United Nations Member States adopted the 2030 Agenda for Sustainable Development, creating a shared blueprint for global peace and prosperity. Acknowledging that governments alone cannot accomplish these ambitious goals, the Jameel family has built diverse and wide-ranging alliances based on respect, shared values, and a mutual vision of creating tangible impact towards achieving SDGs.
Mohammed Jameel KBE, Chairman and Chief Executive Officer, Abdul Latif Jameel; Founder and Chairman, Bab Rizq Jameel, and Founder and Chairman of Community Jameel Saudi and Community Jameel, said:
“I am proud of the way in which we do business, and of our commitment to continuous improvement. Through this commitment we aim to make the world a better place for all by investing in the infrastructure of life. With this in mind, I believe we can contribute to the 17 Sustainable Development Goals, but for some, we can have a more immediate and direct impact, and it’s here that we place our emphasis.”
“We continue to invest in a range of exciting areas, from the future of mobility, renewable energy, energy storage, water projects and health-tech. Likewise we continue with our philanthropic efforts to make a significant difference in addressing some of mankind’s greatest global challenges.”
Fady Jameel, Deputy President and Vice Chairman, Abdul Latif Jameel, Founder and Chairman of Art Jameel, and Vice Chairman of Bab Rizq Jameel, Community Jameel Saudi and Community Jameel and further noted that:
“It is clear that to create the future we want and need, private capital, both directly and in Public-Private Partnerships, has the ability to create positive real-life impact. Whether this impact is created by achieving commercial goals or through philanthropic work, these pursuits can be followed in a manner in which the world can truly prosper.”
On this, Hassan Jameel, Deputy President and Vice Chairman, Abdul Latif Jameel, and Vice Chairman of Bab Rizq Jameel, Community Jameel Saudi and Community Jameel, continued:
“Collaborative partnerships are the key to achieving the ambitions of the Sustainable Development Goals. Our aim is to partner with philanthropic organizations and invest in companies that share this commitment to driving transformational impact and reach these global goals.”
Alongside Bab Rizq Jameel, Art Jameel, Community Jameel Saudi, and Community Jameel and other philanthropic partnerships, the family continues its activities to address some of humanity’s most pressing challenges, which are aligned towards achieving the UN Sustainable Development Goals. This effort includes working with leaders, community organizations, art foundations and youth to improve quality of life around the world.
Through the family’s corporate activities, Abdul Latif Jameel, collaborates with businesses at the very forefront of sustainability, tackling the issues of our planet’s resources and exploring new ways to mitigate climate change. Establishing Almar Water Solutions in 2016, Abdul Latif Jameel firmly instituted its’ commitment to providing clean water, with treatment, recycling, sustainable desalination, and researching new science to tackle water scarcity. Contributing to the global transition to sustainable energy, Abdul Latif Jameel acquired FRV in 2015, expanding its presence and capabilities to make it their flagship renewables business, to provide governments and corporates with renewable energy sources. In 2020, Abdul Latif Jameel Health was established to accelerate access to healthcare for those who need it most.
Further contributing to SDGs the family actively – and thoughtfully – invests in innovative, early-stage and breakthrough ventures and technology, aiming to positively shape the future of core industries driving the global economy through their global investment arm, JIMCO. These include medical and healthcare sectors (Evelo Biosciences, Cellarity, EQRx); emergent technologies across FinTech and InsurTech, (tabby, FlexxPay), electric vehicles and future sustainable mobility solutions (RIVIAN, Joby Aviation) to name only a few.
[1] Abdul Latif Jameel Investment Management Company (JIMCO)
[2] The Jameel family’s philanthropy and community initiatives include Bab Rizq Jameel, Art Jameel, Community Jameel Saudi, and Community Jameel.