UAE Social and Educational Partnerships: Borealis Renews Support with AED 3 Million Funding

Thomas Gangl, Borealis CEO, and Thomas Boesen, VP Middle East, with representatives from the three partner organizations (Emirates Foundation, UAE Paralympic Committee and Emirates National Schools)
© Borealis

(IN BRIEF) Borealis has renewed its partnership with three prominent social and educational organizations in the UAE through the Borealis Social Fund. They will distribute AED 3 million among the Emirates Foundation, UAE Paralympic Committee, and Emirates National Schools to support their initiatives for another year. The partnership focuses on education, social cohesion, and inclusivity. Borealis CEO, Thomas Gangl, expressed pride in contributing to these essential programs. This collaboration strengthens long-term relationships and has empowered UAE communities for over a decade.

(PRESS RELEASE) VIENNA, 27-Nov-2023 — /EuropaWire/ —  Borealis, an Austrian chemical company active in the fields of polyolefins and the European front-runner in polyolefins recycling, base chemicals and fertilizers, is delighted to announce the renewal of its enduring partnership with three esteemed social and educational organizations in the United Arab Emirates (UAE). This ongoing support will be channeled through the Borealis Social Fund, originally established in 2008, which has been a driving force behind transformative initiatives. With the signing of the renewed agreement, a total of AED 3 million will be evenly distributed among three impactful organizations: the Emirates Foundation, the UAE Paralympic Committee, and the Emirates National Schools, sustaining their efforts for another year. The signing ceremony, held in Abu Dhabi, UAE, on November 27, featured the presence of Borealis CEO, Thomas Gangl, alongside representatives from each of the three organizations.

Thomas Gangl, CEO of Borealis, commented, “For over a decade, the Borealis Social Fund has served as one of the means to support the commendable and exceptional initiatives undertaken by these three significant institutions in the UAE. All three organizations are dedicated to advancing education and fostering social cohesion. It is a privilege for us at Borealis to contribute to the success of these invaluable and multifaceted programs.”

Renewed Commitment with Emirates Foundation

The renewal of the partnership agreement between Borealis and the Emirates Foundation reaffirms a long-standing relationship that has empowered UAE communities to become more resilient. The collaboration focuses on volunteering, capacity building, and promoting sustainable behaviors, particularly in critical areas such as environment and community development. The Borealis Social Fund has been instrumental in supporting the Foundation’s programs and initiatives aimed at making a positive impact on society and achieving sustainable development over the years.

H.E. Ahmed Al Shamsi, CEO of the Emirates Foundation, stated, “We are very excited about the reconfirmation of this partnership between Borealis and the Emirates Foundation, and I look forward to our continued collaboration as we empower community members and create new initiatives to drive positive social change. As we renew this commitment, I would like to acknowledge the dedication of Borealis and the strength of this long-term partnership where we unite our efforts to overcome challenges and embrace a future filled with hope and promise.”

Empowering UAE Paralympic Athletes

The UAE Paralympic Committee, in partnership with Borealis through the Borealis Social Fund, has been instrumental in promoting adaptive sports and integrating athletes with determination into society. This partnership has played a pivotal role in preparing athletes for the 2024 Paralympic Games in Paris, France, while fostering inclusivity and social impact for over a decade.

H.E. Mohammed M. Fadhel Al Hameli, Chairperson of the UAE Paralympic Committee, expressed his gratitude, stating, “The UAE Paralympic Committee appreciates Borealis’ significant role in supporting the sports for people of determination in the UAE, especially as we are approaching important Paralympic sporting events, both globally and regionally. Over the years, we have observed Borealis as a socially responsible company that has consistently made a positive impact on communities and promoted the inclusion of all segments of society.”

Advancing Education with Emirates National Schools

Emirates National Schools is committed to providing high-quality education, nurturing future leaders, and fostering UAE ambassadors on the global stage. Borealis’ partnership and support through the Borealis Social Fund have played a pivotal role in enhancing virtual learning resources, developing electronic educational systems, and establishing IT laboratories within the schools. Additionally, Borealis empowers students through diverse programs and activities focused on sustainability, recycling, technology, science, and agriculture.

Dr. Shawn Dilly, Director General at Emirates National Schools, expressed his appreciation, saying, “We would like to thank Borealis for its unwavering support and collaborative spirit in the ongoing partnership with Emirates National Schools. Borealis has consistently demonstrated a commitment to education and a shared vision of nurturing future leaders. Their contributions have played a pivotal role in enhancing the educational experience for our students and advancing our mission to provide a world-class education. We look forward to continuing this collaboration and achieving many more milestones together.”

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Media contacts:

Borealis Group Media Desk
Virginia Wieser, Lena Lehner, Karin Schober
Tel: +43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Borealis Regional Communications UAE
Samer Alnobani

Tel: +971 50 6171834 (Abu Dhabi, UAE)
Samer.AlNobani@borealisgroup.com

About Borealis 
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. In Europe, Borealis is also an innovative leader in polyolefins recycling and a major producer of base chemicals. We leverage our polymer expertise and decades of experience to offer value-adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.

With operations in over 120 countries and head offices in Vienna, Austria, Borealis employs around 6,000 people. In 2022, we generated a net profit of EUR 2.1 billion. OMV, the Austria-based international oil and gas company, owns 75% of our shares. The Abu Dhabi National Oil Company (ADNOC), based in the United Arab Emirates (UAE), owns the remaining 25%.

In re-inventing essentials for sustainable living, we build on our commitment to safety, our people, innovation and technology, and performance excellence. We are accelerating the transformation to a circular economy of polyolefins and expanding our geographical footprint to better serve our customers around the globe. Our operations are augmented by two important joint ventures: Borouge (with ADNOC, headquartered in the UAE); and Baystar™ (with TotalEnergies, based in the US).
www.borealisgroup.com   | www.borealiseverminds.com   

About the Borealis Social Fund 
Established in 2008, the Borealis Social Fund, underpins Borealis’ role as a socially responsible company. Each year, a portion of the Group’s net profit is dedicated to the Fund, based on clearly defined allocation rules. To maximize the impact of its engagement and to align Borealis’ social engagement activities with the Company’s Purpose and its Strategy 2030, with its strong focus on sustainability, the Group has defined three areas of social engagement that directly contribute to the UN Sustainable Development Goals (UN SDGs): Education & Social Integration, Water & Energy, and Waste & Resource Efficiency.  Borealis believes that young people’s ideas, creativity, and skills will determine the future of the economy and social stability. Therefore, the Borealis Social Fund nurtures young people’s interest in chemistry and science, supports the educational system to meet future challenges, and integrates marginalized, poor, and underprivileged people.

Another focus area of the Fund is to provide access to safe drinking water, and reliable, affordable renewable energy in developing and emerging countries, under the umbrella of Water for the World, a program established by Borealis and Borouge.

Furthermore, Borealis is committed to preventing plastic waste in the environment by helping to establish efficient and low-cost circular waste management systems in emerging and developing countries. Launched in 2017 by Borealis and Systemiq, Project STOP works hand in hand with city governments to create effective waste management systems in Indonesia.  www.borealisgroup.com/company/sustainability/social-engagement

SOURCE: Borealis AG