At Modon, our goal is to deliver long-term, sustainable value wherever we go, laying the foundations for a new era of intelligent, connected living. Inspired by Abu Dhabi’s vision to become a principal example of high-quality urban development, Modon is dedicated to applying the highest of international standards to its projects, creating a diverse range of world-class modern destinations across the emirate and beyond.
Our commitment to sustainability lies at the very heart of business our brand, and serves as one of our core corporate values, reflecting our commitment to operating as a responsible business, integrating sustainability and governance practices into our strategy and operations, with the aim of making a positive impact across key areas of our business.
As we have grown, Modon’s focus from day one has been to ensure that sustainability, cultural preservation, and innovation are embedded across our diversified portfolio. Guided by Abu Dhabi’s vision for progress, our global developments are designed to connect people and foster vibrant communities, respecting the heritage of the communities we operate in. We believe that development must go hand in hand with environmental stewardship, community engagement, and responsible governance.
Internationally, we carry this same commitment, respecting the heritage of the communities we operate in, while proudly showcasing the Abu Dhabi identity that defines us.
As a good corporate steward, we recognise that sustainability is a continuous journey. Our responsibility extends beyond compliance, we are dedicated to creating long-term value for our people, partners, and communities, contributing to Abu Dhabi’s knowledge economy, and aligning with the UAE’s Net Zero and Vision 2050 goals.
Modon brings expertise across real estate, infrastructure, hospitality, events, tourism and international investments, strengthening our ability to lead large-scale master planning, city operations, and destination development. Today, we operate across multiple continents with the goal of delivering future-ready cities and vibrant urban experiences that seamlessly integrate sustainability, culture, and innovation. Our growing global footprint reflects our commitment to shaping the future of urban living while reinforcing Abu Dhabi’s position on the world stage.
At Modon, We are shaping the cities of tomorrow, not just building neighborhoods. Our connected communities merge smart infrastructure, sustainable design, and resilient mobility to create exceptional living experiences. Rooted in cultural heritage and inspired by nature, our vision combines conscious design with advanced technology to optimise resources and enrich everyday life.
Human experience is central to every Modon destination, curated through hospitality, sport, leisure, retail, and events. We are redefining world-class experiences by creating immersive journeys that make our developments the top choice to invest, live, and visit. Our diverse portfolio offers seamless, memorable moments by blending intelligent service and culturally rich environments that engage and inspire at every touchpoint.
Our growth strategy is bold and borderless, driven by strategic acquisitions, joint ventures, and global investments, underpinned by strong governance and capital discipline. By diversifying across the value chain, We are building resilient, recurring revenue streams for sustainable growth. Ambitious yet calculated, we fast-track expansion through highimpact partnerships and targeted acquisitions, scaling our presence locally and globally.
We are driving economic transformation across our markets, from contributing 4 percent to Abu Dhabi’s non-oil economy by 2030 to shaping vibrant ecosystems in Egypt, the UK, Spain, and Iceland. Our developments fuel business growth, strengthen communities, and boost regional economies by generating major economic value, creating jobs, and delivering billions in government revenue.
Modon is creating seamlessly orchestrated journeys, redefining the way people interact with their surroundings by integrating innovation, sustainability, and intelligent urban experiences. As both a developer and operator, we are enabling conscious living, where communities are designed to support evolving lifestyle preferences and economic vibrancy.
Our developments go beyond conventional real estate, providing diverse, authentically Modon experiences that offer dynamic urban lifestyles that are embedded in responsible design principles. We recognise that decisions made today have far-reaching environmental, social, and economic impacts. By prioritising responsible business practices, our developments are designed to be dynamic, resilient, and adaptable to future growth.
Modon is creating cities of the future that are rooted in our customer-centric approach, and we recognise the evolving customer expectations for conscious and sustainable living. Therefore, we are focused on building sustainable destinations that operate efficiently and inspire our customers through conscious living – a harmonious blend of nature and tradition. This is influenced by connecting the past to the future, incorporating timeless traditions within modern smart cities.
We are incorporating sustainable initiatives that will support smart infrastructure, energy-efficient solutions, and low-carbon mobility, reflecting global best practices while addressing local needs. By incorporating responsible urban development practices, we are constructing cities that leave lasting legacies and align with the evolving preferences of current and future generations.
Our international developments and investments are a strategic move to propel Abu Dhabi’s urban innovation onto the global stage.
Responsible business is more than a commitment, it is embedded in how we develop, operate, and grow. As we shape the cities of tomorrow, we recognise the opportunities and responsibilities that come with our role. We stand as a forward-thinking and impact-driven organisation, balancing expansion with accountability, ambition with sustainability, and progress with purpose.
We have established a comprehensive Environmental, Social, and Governance (ESG) Framework, which is aligned with our corporate strategy, values, and governance ensuring our projects, investments, and partnerships are aligned. Driven by a dedicated Group function that integrates Sustainability, Corporate Social Responsibility (CSR), and Health, Safety, Environment (HSE) under one centralised team. This holistic structure allows us to prioritise, advance, and embed responsible practices across Modon with consistency and impact.
Our ESG Framework, underpinned by our purpose, is structured around five core pillars: Accelerated Growth, Equitable Transition, People Centric, Enriched Societies, and Smart Futures. These pillars guide our decision-making, ensuring that sustainability and responsible business practices support our core beliefs in sustainable growth, innovation, and positive social impact.
Our materiality assessment ensures that we focus on the most significant ESG issues; those that matter most our stakeholders and are critical to our long-term success. By aligning with global standards and proactively engaging stakeholders, we embed sustainability priorities that drive value creation and positive impact, both locally and globally.
Through this process, we have identified eight high-priority, twelve medium-priority, and eight lowpriority ESG topics that drive our responsible business strategy:
Engaging with our stakeholders is crucial to Modon’s responsible business approach. We prioritise open dialogue and collaboration to ensure diverse perspectives inform our strategies and priorities. In 2024, we conducted focused internal interviews across our Group and segments to validate the selection of identified material topics, and to understand how they are being addressed, measured, and integrated into our sustainability initiatives. This bottom-up approach ensured that this report reflects on-the-ground realities and incorporates the insights of our employees.
Governance is the cornerstone of delivering on our responsible business commitments. Modon’s Board of Directors is comprised of prominent leaders from across Abu Dhabi’s key sectors and brings together a wealth of experience and understanding of the emirate’s strategic priorities. The Board members are also active champions of ESG, ensuring that our considerations are integral to our long-term vision.
We have established the ESG Steering Group (ESG-SG) to further strengthen our governance and operationalise our ESG Framework. The ESG-SG consists of a cross-segment leadership body comprising segment CEOs, Executive Management, and key functional leads. Chaired by our Group Chief Operating Officer (GCOO), the ESG-SG ensures that key priorities are embedded across all areas of our business. The ESG-SG reports directly to Group Executive Management Committee (Group ExMC), ensuring ESG performance is systematically monitored and elevated as part of Modon’s wider governance framework. Our GCOO is also a member of our Group ExMC, which is chaired by our Group Chief Executive Officer, allowing ESG priorities and strategic insights to be communicated directly to the Board, the most senior level of governance. Our ESG-SG members play a crucial role in facilitating company-wide dialogue and collaboration, creating a platform for sharing best practices, identifying opportunities, and addressing challenges. This approach will empower each segment to actively contribute to building the foundation for delivering measurable, transparent, and impactful sustainability outcomes.
A key milestone in our governance journey was the refresh of our key ESG policies, which provide a robust framework for embedding responsible business practices across our operations, supporting compliance while fostering a culture of accountability.
We recognise our responsibility to contribute to Abu Dhabi’s economic diversification, environmental protection, and social development.
The UAE has demonstrated global leadership in sustainability, with 2024 marked as the extended UAE Year of Sustainability. We remain committed to advancing UAE national mandates and continue to support broader federal and emirate level agendas.
The UN SDGs play an instrumental role in driving global progress toward a more sustainable and inclusive future. While we acknowledge the interconnectedness of all 17 SDGs and their collective contribution, we have identified key goals that are relevant to our business activities and where we can make the most significant impact. We aim to contribute meaningfully to the global sustainability agenda by focusing our efforts on:
Modon’s strength lies in our integrated capabilities and strategy for sustainable growth. With segments linking city-scale real estate development, vibrant hospitality offerings, destination tourism, smart infrastructure, sports and leisure, and world-class venues, we are uniquely positioned to plan and deliver liveable, future-ready communities.
As one of the largest players in our market regionally, we have more than 360 million square metres of land under management and control. Operating across seven countries and three continents, we are at the forefront of urban innovation, transforming Abu Dhabi’s global presence and shaping the future of intelligent, connected living.
The Power of Modon is in connecting our diversified portfolio, holistic approach, long-term vision, and commitment to responsible business. Our ambition for sustainable cities will drive positive social impact, prioritise the preservation of our environment, and elevate human experience, while unlocking opportunities locally and globally.
At Modon, our people are at the centre of our transformation, driving innovation, shaping communities, and ensuring the success of our ambitious growth strategy. Our focus was to optimise and leverage existing talent to support our expanded mandate. This approach led to significant internal mobility, with the aim of maximising retention by either promoting, repositioning or moving our people into new roles. This movement within the organisation reinforced career progression and ensured that the right expertise was placed in roles relevant to Modon’s future success. A structured engagement plan was implemented, including Group-wide people events, virtual town halls, targeted policy sessions, and employee and leadership offsites to ensure employees remained informed, supported, and engaged. A standardised Group People & Culture policy was successfully rolled out across across the Group, promoting parity and consistency in employee management throughout the organisation.
We are committed to building a high-performing, future-ready workforce where capability, opportunity, and fairness drive our talent strategy. Our recruitment and selection process ensures that candidates are evaluated solely on their skills, experience, and suitability for the role, with clear policies in place that prevent discrimination. We maintain a consistent global standard for people practices and governance, creating a recognisable and integrated entity that balances international best practices with local market realities. This approach enables the seamless integration of new entities, streamline operations, and a unified culture across all geographies. To support our employees, we continue to enhance attractive benefits such as education, airfare allowances, health coverage, life insurance, parental leave, and flexible working initiatives, creating a more inclusive and supportive work environment. These efforts aim to attract and retain our top talent while meeting all applicable regulatory requirements. Modon is committed to ethical labour practices and strictly complies with all labour laws and regulations. We have robust policies and procedures in place to prevent child and forced labour, including thorough due diligence in our recruitment processes, clear employment contracts, and adherence to fair working conditions.
Modon actively supports career progression, skills development, and long-term employability through structured talent programmes that contribute to both our workforce and the broader economic landscape of the countries in which we operate. Emiratisation remains a core focus, aligning with the UAE’s national vision to develop local talent and future leaders. Modon actively recruits, develops, and retains Emirati professionals, offering structured career pathways that enable long-term professional growth. Our graduate programme, designed exclusively for Emirati nationals, is a key initiative in this effort.
We recognise that employee well-being is fundamental to fostering a thriving, high-performing organisation. Our commitment to responsible, people-centric growth includes investing in holistic wellness initiatives that support the physical, mental, and emotional health of our workforce. These include sports-focused activities such as corporate sports days and partnerships, mental health support through psychologist-led sessions, health awareness campaigns, preventative screenings, and access to wellness resources throughout the year. A unified, Group-wide wellness calendar ensures consistency across all our operations, providing every employee with the same level of support regardless of role or location.
The health, safety, and wellbeing of our employees, contractors, and stakeholders remain a fundamental priority. As a responsible business, we are committed to fostering a culture of safety across all our business activities, ensuring compliance with regulatory requirements. We embed best practices in risk management and operational excellence throughout our operations. Our approach extends beyond compliance to creating a proactive safety culture that prioritises awareness, prevention, and continuous improvement. This includes implementing robust health and safety management systems that align with industry best practices and international standards, ensuring a safe working environment across our projects and managed assets. Across our wider portfolio, we continue to strengthen our safety frameworks, investing in training, audits, and monitoring mechanisms to enhance workplace safety and minimise incidents. By championing a strong safety-first mindset, Modon ensures that our developments, facilities, and operations provide secure, healthy, and productive environments for all.
Enriching societies is central to our mission of building vibrant, inclusive, and sustainable communities. We focus on delivering social, economic, and cultural value by aligning our CSR and social impact efforts with national priorities. Our approach to community investment is multifaceted. We focus on promoting sports and wellbeing to foster healthy lifestyles and stronger social bonds. Outreach programmes are designed to empower youth and support skills development, ensuring the next generation is equipped for future success. We invest in environmental awareness through education and community-led events, encouraging sustainable behaviours at the grassroots level. At the same time, we celebrate and preserve the UAE’s rich cultural and heritage assets while supporting enterprise and innovation to stimulate inclusive economic growth. In 2024, Modon delivered a series of impactful community initiatives, engaging thousands of residents and contributing to Abu Dhabi’s vision of an inclusive, resilient society.
We view giving back to the community as both a responsibility and an opportunity to build meaningful connections and foster a culture of compassion and engagement among our employees. We believe that volunteering strengthens community bonds, enhances employee engagement, and contributes positively to personal fulfilment. Guided by our CSR and Volunteering Policy, we have established clear guidelines to ensure our volunteering efforts align closely with Modon’s values and strategic goals, including community investment, environmental stewardship, community outreach programmes and employee engagement. To support the policy, we provide all employees with one day of paid annual leave dedicated to approved volunteering activities.
We recognise the UAE’s National In-Country Value (ICV) programme as a key driver of community enrichment and economic resilience. By channeling government and corporate spending towards local industries, the programme strengthens local manufacturing, supports Emirati businesses, and creates employment opportunities, contributing directly to Abu Dhabi’s sustainable development. Advancing ICV is integral to our broader strategy. Accordingly, we conducted in-depth market research to benchmark best practices and identify key opportunities, ensuring our approach is both effective and aligned with national priorities. These insights have shaped strategic discussions at the leadership-level, guiding our commitment to maximising local economic impact. To implement this, we embedded ICV certification requirements into our vendor registration and pre-qualification processes. Vendors with valid ICV certificates receive a 5% bonus score, incentivising local investment and supplier engagement. Our integration of ICV into the tendering process is well underway, reinforcing our dedication to supporting Emirati talent, empowering local businesses, and driving ethical, sustainable growth across the UAE.
Through collaborations, we aim to amplify our positive social impact, stimulate economic growth, enhance community wellbeing, and reinforce Abu Dhabi’s position as a thriving global destination.
