GB Auto
Climate Impact & Sustainability Data (2016, 2017)
Reporting Period: 2016
Environmental Metrics
Total Energy Consumption:16,409,403 KWH/year
ESG Focus Areas
- Customer Satisfaction
- Employee Engagement
- Environmental Sustainability
- Social Contribution
- Corporate Governance
Environmental Achievements
- Reduced energy consumption by 4% to 16,409,403 KWH through energy-curtailing initiatives (skylight roofs, LED lighting)
- Installed a new ventilation system at all plants to curtail emissions and improve working environment
- Introduced welding robots in the latest passenger car project to reduce energy consumption and physical effort
Social Achievements
- Invested EGP 33.3 mn toward civic welfare
- Signed a protocol with the Ministry of Trade and Industry to sponsor a three-year vocational school
- Funded Cairo University student engineers participating in global car design competitions
- Invested $50,000 in collaboration with Takreem to honor Arab achievers
- Funded the travel mobile library Tales on 4 Wheels
- Donated LE 100,000 to Abu El Rish Children’s Hospital for dialysis machines
- Donated LE 850,000 to 100 mothers in debt
- Launched a three-week Safe Driving Initiative in collaboration with Hyundai Motor Company
Governance Achievements
- Established a full-fledged CSR Department to align CSR initiatives with business strategy
- Implemented a compliance-management system (Daimler AG model) to promote anti-corruption and anti-bribery practices
- Established a Business Continuity and Crisis Management Policy
Climate Goals & Targets
Environmental Challenges
- Growing customer base and increasing client needs requiring more advanced digital channels
- Increasing customer awareness of sustainability practices requiring further integration of sustainable solutions in CRM
- Need for clearer career paths for employees and improved compensation and benefit packages
- Need for an open-door policy to address employee concerns
Mitigation Strategies
- Developing the most up-to-date and user-friendly digital channels
- Further integrating sustainable solutions in CRM model
- Assessing compensation and benefit packages to remain competitive
- Creating an open-door policy for employee communication
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UNGC
Awards & Recognition
- Cairo University Appreciation Award
- Misr El Kheir Foundation award for CSR Department
Reporting Period: 2017
Environmental Metrics
Total Energy Consumption:10,740,480 KWH
ESG Focus Areas
- Customer Satisfaction
- Employee Engagement
- Environmental Sustainability
- Social Contribution
- Corporate Governance
Environmental Achievements
- Developed a wastewater discharge management plan and an industrial wastewater treatment unit.
- Reduced energy consumption by 34.5% to a total of 10,740,480 KWH
Social Achievements
- Established the Ghabbour Foundation for Development, launching the Imbaba Automotive Vocational Training Center.
- Expanded and re-branded the Potential Leader Program into GB Stars, a new professional development program.
- Established a new mandatory pension plan with 5% employer contribution.
Governance Achievements
- Continued to review the rigor of internally developed policies and ensured strict adherence to these policies and laws and regulations.
Climate Goals & Targets
Medium-term Goals:
- Install a solar powered lighting system.
Environmental Challenges
- Maintaining customer satisfaction in a changing market.
- Providing employees with a more meaningful work experience.
- Reducing the environmental footprint of operations.
- Further integrating sustainability into business strategy and operations.
- Expanding the Ghabbour Foundation's impact.
Mitigation Strategies
- Being attentive and responsive to customer needs; using technology for communication and service; improving product and business sustainability.
- Offering new professional development opportunities; creating a culture of open communication and accountability.
- Doubling down on recycling efforts; transitioning to a paperless workplace; embracing a Green IT strategy.
- Creating a Sustainability Committee; offering anti-corruption and risk compliance courses.
- Supporting the Imbaba School; expanding curriculum scope and number of schools; exploring partnerships with other schools.