Aligning with Mubadala 3.0 and as part of its transformation journey, Mubadala Procurement has been collaborating with leading organizations and global partners, continuously striving for procurement excellence with strategic vision to better support Mubadala. This is through the provision of enhanced procurement advisory and business offerings, enabling future deals, investments and operations while still being aligned with best practice.

In a recent event, the Chartered Institute of Procurement & Supply (CIPS), the largest procurement and supply professional body in the world, has awarded Mubadala the CIPS Corporate Ethics Mark in Procurement and Supply Chain Management. The CIPS Corporate Ethics Mark publicly reinforces an organization's standards of excellence regarding ethical sourcing and supplier management.

Commenting on the achievement, CIPS Managing Director Sam Achampong said, “Where Mubadala leads, other organizations are bound to follow in learning more about ethical practice in supply chains. Employees at this highly-regarded investment company have committed to learning and testing their knowledge in this important area of business and I commend the team for their hard work and diligence in achieving this mark.”

Commenting on the milestone, Mohamed Al Awani, Head of Mubadala Procurement, said: “As a responsible investor, Mubadala has remained committed to prioritizing sustainable procurement. To be recognized by the Chartered Institute of Procurement & Supply with this certification reinforces our commitment to a culture of ethics and integrity, whilst meeting the highest international benchmarks for excellence in embedding the practice of sourcing environment-friendly goods and services in our procurement cycle.”

Mubadala Procurement will continue working with the best organizations and global professional bodies to develop its capabilities and elevate the team’s professional expertise in the best way that aligns with Mubadala’s vision and growth aspirations.