Future Pipe Industries Group Limited
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:40% (Gulf Eternit Industries)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:5502 tons/year (2020)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Stakeholder & Community
- Economic Innovation
- Environmental
- People & Culture
Environmental Achievements
- Gulf Eternit Industries (FPI Group member) installed a 2-Megawatt solar power generation capacity, supplying 40% of the plant’s energy and reducing 1,300 tonnes of carbon emission per year.
- Increased global waste recycling from 3541 tons in 2019 to 5502 tons in 2020.
- Implemented a 'Let's Reduce and Recycle' campaign.
Social Achievements
- Wellness campaign including WebEx sessions on COVID-19, wellness webinars, live wellness sessions, and virtual clinics for camp employees.
- Various fitness initiatives like Fitbit and Suunto step challenges, participation in the Dubai Fitness Challenge.
- On-site flu vaccination campaign for UAE employees.
- Supported the Red Crescent initiative to feed 49,000 families.
Governance Achievements
- Achieved the Dubai Chamber CSR Label for a third consecutive year.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Limitations in local fiberglass waste recycling capabilities.
- COVID-19 pandemic impacting various initiatives and operations.
- Challenges in concluding work-relatedness of COVID-19 cases for reporting purposes.
Mitigation Strategies
- Continued efforts to improve fiberglass waste recycling despite limitations.
- Implemented business continuity plans and safety precautions to mitigate COVID-19 impact.
- Progressing work on classifying and verifying potential work-relatedness for COVID-19 cases.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 11
- SDG 12
- SDG 13
- SDG 3
The company's purpose of delivering water and energy sustainably supports several SDGs.
Sustainable Products & Innovation
- Fiberstrong FRP pipes
- WavistrongTM GRE pipes
- Red Box® products
Awards & Recognition
- Dubai Chamber CSR Label
Reporting Period: 2023
Environmental Metrics
Renewable Energy Share:8%
Total Energy Consumption:41,759,607 kWh
Water Consumption:192,641 m3
Waste Generated:16,829 tons
ESG Focus Areas
- Stakeholders and Community
- Responsible Business
- Environmental
- People and Culture
Environmental Achievements
- 2 MWp solar PV installation at Dubai manufacturing site produced 3,171,686 kWh, saving AED 488,439 and reducing CO2 emissions by 1,269 tons.
- 5542 tons of CO2 saved to date through renewable energy initiatives.
- Environmental Product Declaration (EPD) published for Glass Reinforced Plastic (GRP/GRE) Pipe and Fittings.
Social Achievements
- 50+ hours of training on Code of Conduct emphasizing fair treatment.
- HSE perception survey conducted with 2,270 employees and 689 contractors.
- Inaugural HSE Leadership Conference held to create a new vision for health and safety.
- Female employees in leadership roles increased by 53% in 2023.
Governance Achievements
- Established a dedicated Global Health, Safety, and Environment (HSE) department.
- Implemented a comprehensive Environmental Management System (EMS) certified to ISO 14001 standards.
- 80% of regular suppliers signed the FPI Supplier Code of Conduct.
Climate Goals & Targets
Long-term Goals:
- Install solar panels across all factories by 2030.
Medium-term Goals:
- Install solar roofs in largest facilities by 2027.
- Increase share of renewable energy to 15% in 2024.
Short-term Goals:
- Reduce energy consumption by 2% through energy-efficiency and electrification.
- Increase renewable energy rate to 15% by integrating Solar PV in Dammam and Abu Dhabi facilities.
- Increase recycling rate to 12%.
Environmental Challenges
- Limitations in data gathering for GHG emissions across global operations.
- Limited local recycling options for glass fiber.
- Under 30% of employees are female due to the nature of the business.
Mitigation Strategies
- Implementing greenhouse gas emissions accounting.
- Exploring solutions for reducing and recycling glass fiber waste (e.g., shredding and granulating).
- Implementing recruitment strategies to attract a diverse candidate pool, including partnerships with organizations that support underrepresented groups.
Supply Chain Management
Supplier Audits: 80% of regular suppliers have signed the FPI Supplier Code of Conduct. ESG assessment of 25% of suppliers in Annual Supplier Evaluation.
Responsible Procurement
- Supplier Code of Conduct aligned with UN Global Compact and Responsible Care program.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and renewable energy adoption.
Reporting Standards
Frameworks Used: GRI Standards, UNGC Principles, S&P Hawkamah ESG Indices
Certifications: ISO 14001
Sustainable Products & Innovation
- Wavistrong Green product line for hydrogen economy and industrial decarbonization.
- FLEXSTRONG™ spoolable pipes.
Awards & Recognition
- iICE award from Pipeline Industries Guild for RTR Joints project
- Best in Design and Excellence in Water/Wastewater awards from Design-Build Institute of America