Climate Change Data

EG THE ARAB CONTRACTORS (OSMAN AHMED OSMAN & CO)

Climate Impact & Sustainability Data (2020-2022)

Reporting Period: 2020-2022

Environmental Metrics

Renewable Energy Share:20% by 2022, 42% by 2035

ESG Focus Areas

  • Sustainability
  • Safety
  • Technology Adoption
  • Economic Growth
  • Infrastructure Development

Environmental Achievements

  • Increased use of lean construction methods to reduce waste and improve efficiency.
  • Partnerships to boost green infrastructure and sustainability across Egypt’s cities.
  • Plans to increase the share of sustainable power in the nation's total energy from 3% in 2016 to 20% in 2022 and 42% by 2035.

Social Achievements

  • Involvement in mega-projects that have been prioritized by the government as key to future economic growth.
  • First integrated metro project in Egypt executed by Egyptian contractors as the sole lead EPC contractors.
  • Focus on bolstering ties with clients and consultants, which has required sustained financing.
  • The dam is set to become a symbol of cooperation between Egypt and Tanzania, with important geopolitical benefits to be gained from Egypt sharing its construction knowledge and expertise.

Governance Achievements

  • Investment in technology, human resources and high-quality inputs to ensure projects are completed in a timely manner and in line with international standards.
  • Contracts that include fair pricing adjustments to enable large-scale projects to be completed both on time and on budget.

Climate Goals & Targets

Environmental Challenges

  • Covid-19 pandemic negatively affected many of the opportunities that would have normally been present in Egypt.
  • Low price environment in some markets after the initial outbreak of the virus affected some tenders and the pipeline of projects.
  • Logistical and operational challenges have arisen, given that the project is taking place in remote locations, with the dense nature of the forest being a particular issue.
  • Raw material inflation.
Mitigation Strategies
  • Acquiring resources (such as equipment) that were available in markets where projects were halted.
  • Investing in technology, human resources and high-quality inputs.
  • Bolstering ties with clients and consultants.
  • Contracts that include fair pricing adjustments to account for raw material inflation.

Supply Chain Management

Responsible Procurement
  • Just-in-time construction

Climate-Related Risks & Opportunities