Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy
• Cement
• Agrifoods
• Transportation & Logistics
• Mining
• Microfinance
• Education
• Community Development
• Human Capital Development

Environmental Achievements

• 93,000 tons of sulfur emissions prevented by the Egyptian Refining Company (ERC), representing a 29.1% reduction in SO2 emissions in Egypt.
• 318,000 tons of agricultural waste collected and processed by Tawazon in FY14.
• 20% of energy used in the cement sector will rely on alternative fuel by 2016.

Social Achievements

• 138 scholarships donated annually to Egyptian students for graduate studies abroad by Qalaa Holdings Scholarship Foundation.
• EGP 400 million in funding across a spectrum of projects since inception.
• 6,000 jobs created as a result of Rift Valley Railways’ “Transforming Lives in Africa with Every Move” management trainee project in Kenya.
• 13,000 community members positively impacted in Kenya as a result of Rift Valley Railways’ management and skills training program.
• 915 welders, electricians, and pipe-fitters trained by the Egyptian Refining Company as part of a vocational education initiative.
• Microfinance loans provided to small businesses in Egypt by Tanmeyah, offering financial solutions to previously underserved populations.

Governance Achievements

• Established an Audit Committee to oversee the work of Qalaa Holdings and its subsidiaries.
• Developed an Insider Trading Policy and Anti-Fraud Policy to ensure compliance and ethical behavior.
• Implemented a whistle-blowing system to protect employees reporting fraud.

Climate Goals & Targets

Environmental Challenges

• Constantly changing and growing geographic area.
• Frequent market fluctuations and political shifts.
• Difficult regulatory frameworks and law enforcement strategies in emerging markets.
• Political instability.
• Inefficient and outdated infrastructure.

Mitigation Strategies

• Investing in sectors with high demand (energy, infrastructure, services).
• Working with new governments more open to private sector collaboration.
• Using alternative fuels to mitigate the environmental impact of coal in cement production.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3.1 (Application Level A)

Certifications: ISO 14001 (Ascom)

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance Excellence
• Economic Growth

Environmental Achievements

• Reduced carbon footprint through investments in renewable energy and waste management solutions
• Developed a comprehensive climate policy framework covering all operational sectors and supply chains
• Implemented environmentally friendly solutions and initiatives across subsidiaries, including waste-to-energy projects and sustainable insulation solutions

Social Achievements

• Launched Qalaa Holdings Scholarship Foundation (QHSF), providing scholarships to Egyptian youth
• Implemented community development programs focusing on education, youth empowerment, and women's empowerment
• Maintained a zero-fatality record for occupational accidents in 2023

Governance Achievements

• Established an integrated sustainability governance system focusing on corporate responsibility, transparency, and ethical practices
• Aligned strategy with UN Sustainable Development Goals (UNSDGs) and UN Global Compact (UNGC) principles
• Implemented a system for reporting corruption (whistleblowing)

Climate Goals & Targets

Environmental Challenges

• Balancing sustainability practices with business requirements in a volatile business climate
• Managing climate-related risks and opportunities across investments
• Ensuring consistent ESG implementation across all subsidiaries

Mitigation Strategies

• Developed comprehensive climate policy framework
• Integrated climate risk management into governance systems
• Established standardized approach for ESG reporting across subsidiaries

Supply Chain Management

Responsible Procurement

• Integrating environmental policies into production and supply chain
• Building relationships with companies with positive environmental impact

Climate-Related Risks & Opportunities

Opportunities

• Investing in renewable energy
• Developing green solutions and technologies

Reporting Standards

Frameworks Used: GRI, UNGC, UNSDGs, TCFD, SBTI, GIIN, IFC Performance Standards

UN Sustainable Development Goals

• 4
• 5
• 7
• 8
• 9
• 10
• 11
• 12
• 13
• 16
• 17

Initiatives contribute to these goals through investments in education, gender equality, renewable energy, economic growth, sustainable cities, responsible consumption, climate action, justice, and partnerships

Sustainable Products & Innovation

• Renewable energy solutions
• Waste-to-energy solutions
• Sustainable insulation solutions

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Responsible Investment
• Sustainable Governance

Social Achievements

• Prioritizing employee well-being, diversity, equity, and inclusion; supporting initiatives that enhance education, healthcare, and social welfare; forging impactful partnerships for community development.

Governance Achievements

• Appointed a Chief Sustainability Officer and established a Sustainability Committee at the board level; implemented robust accountability reporting and self-regulation.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Ensuring entire supply chain is sustainable and increasingly diverse

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTI, GRI, GIIN, TCFD