Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Occupational safety
• Sustainability
• Social Responsibility
• Human Resources

Environmental Achievements

• Dust emissions did not exceed 10 mg/cubic meter, significantly lower than the General Authority for Meteorology and Environmental Protection limit of 150 mg/cubic meter.
• Implemented systems and programs (including SICK) to comply with emission standards and monitor emissions.

Social Achievements

• Contributions to various community initiatives, including the Cooperative Office for Advocacy and Guidance in Duba, World Civil Defense Day, donations for Duba traffic, the Health Endowment Fund, Future Association for Orphan Care, Prince Fahd Bin Sultan Social Society, King Abdul-Aziz Charitable Society, and Charitable Association in Duba.
• Coast Cleanup Campaign.
• Increased Saudization, with 51.56% of the workforce being Saudi citizens.

Governance Achievements

• Adherence to Corporate Governance Regulations issued by the Capital Market Authority and the Companies Law issued by the Ministry of Commerce and Investment.
• Implementation of a high degree of transparency and disclosure.
• Establishment of specialized committees (Executive, Audit, Nomination and Remuneration, and Governance) to assist the Board of Directors.

Climate Goals & Targets

Environmental Challenges

• Decreased demand due to the COVID-19 pandemic.
• Difficulty opening export markets and competition in foreign markets.
• Slow movement of projects leading to increased cement supply, intense competition, and decreased selling prices.
• Competition from other cement companies in the region.
• Unavailability of fuel to supply the second production line.

Mitigation Strategies

• Developed a well-thought-out strategy to seize opportunities and maintain market share.
• Implemented initiatives to improve human resources, information technology, quality systems, and occupational and environmental safety.
• Restructured and reorganized the company to adapt to market and economic developments.
• Monitored the impact of COVID-19 and cooperated with regulatory bodies.
• Implemented credit limits for clients and monitored outstanding receivables.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Corporate Governance Regulations (Capital Market Authority), Companies Law (Ministry of Commerce and Investment)

Certifications: ISO 9001

Awards & Recognition

• Best CEO award for the construction sector in the Arab world (Ali Al-Qahtani)

Environmental Metrics

ESG Focus Areas

• Environmental

Environmental Achievements

• Produced blended hydraulic cement with 30% pozzolana (a natural material), resulting in a more environmentally friendly "Green Cement"

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 14025, EN 15804:2012+A2:2019/AC:2021

Certifications: ISO 9001:2015, ISO 50001:2018

Third-party Assurance: Intertek Assuris

Sustainable Products & Innovation

• Blended Hydraulic Cement (Green Cement)

Environmental Metrics

ESG Focus Areas

• Occupational Health and Safety
• Sustainability
• Social Responsibility
• Human Resources
• Environmental Protection

Environmental Achievements

• Obtained an environmental safety certificate by applying national and international standards and criteria, using the latest technology, applying the highest environmental protection norms, and reducing harmful emissions from production lines.
• Submitted a request for the international EPD certificate (environmental impact certificate) for its pozzolana cement product.

Social Achievements

• Achieved a 52.38% Saudization rate.
• Employed approximately 5% women in the workforce.
• Provided financial and moral support for charities in the region.
• Provided cooperative training programs for university and college students.
• Actively participated in health awareness and blood donation campaigns.

Governance Achievements

• Conducted a periodic evaluation of the performance of its Board of Directors and its committees since 2018.
• Received the Excellence Award in the Corporate Governance Index for companies listed on the Saudi Stock Exchange from the Corporate Governance Center at Al-Faisal University.

Climate Goals & Targets

Environmental Challenges

• Market risks related to fluctuations in market prices (interest rate, currency, and price risks).
• Credit risks related to the inability of customers to fulfill their obligations.
• Liquidity risks related to difficulties in providing funds to meet obligations.

Mitigation Strategies

• Implemented regulatory approval procedures for credit limits granted to customers.
• Continuously monitors credit risks and sets aside provisions for doubtful debts.
• Continuously monitors liquidity and ensures the availability of sufficient financial resources.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Excellence Award in the Corporate Governance Index