Beirut, Lebanon – August 2022. Gray Mackenzie Retail Lebanon (GMRL) takes the first step towards fulfilling their Environmental, Social and Governance (ESG) goals by enrolling in the Lebanon ESG Stewardship Program. This program, led by the United States Agency for International Development’s (USAID)- Trade and Investment Facilitation (TIF) project in partnership with Capital Concept S.A.L., guides businesses in Lebanon on how to develop a robust ESG program, to achieve these milestones in order to reach ESG compliance.
This makes GMRL one of the first 100 companies in Lebanon to start their journey of becoming ESG certified under this USAID-supported program. By meeting the ESG criteria and attaining certification, GMRL would be further positioned as a leader in the business space with the opportunity for growth, further innovation, and value. By adopting an improved management system, attaining access to finance and investments, facilitating trade through access to new markets, and improving organizational performance and competitiveness, GMRL will be able to create and sustain more jobs, manage teams and serve clients ethically and responsibly, and be better equipped to innovate business practices in the future.
This important step for GMRL is a leap for the business world in Lebanon as it is in line with their commitment to supporting Lebanon and building the nation through the services and products, they offer as well as the opportunities they create in the market.