Qatari Investors Group Q.P.S.C.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Employee well-being
- Community investment
- Sustainable development
- UN Sustainable Development Goals
Environmental Achievements
- Planted 520 new trees
- Collected 5 tons of waste and tires
- Installed 12 waste bins
- Initiated agreement with Electronics Recycling Factory (ERF) for e-waste recycling
- Recycled 500 KG paper waste
- Recycled 20 scrap tires
- Recycled toners and electric items
- 24 colleagues participated in cleanup of Singing Sand Dunes
Social Achievements
- Organized three “Get Fit Challenge” seasons for employees
- Organized MSC Challenge Trophy Football Tournament
- Organized a Women’s International Day event
- Supported October Breast Cancer Awareness Month
- Supported International Men’s Day
- Participated in a blood donation campaign
- Held an Iftar event for Customers and staff during Ramadan
- Arranged meal boxes for local laborers during Ramadan
- Welcomed 30 students from a Military school for a factory tour at AKCC
Governance Achievements
- Continuous compliance with QFMA regulations and Corporate Governance Code
- Established a Whistle-blowing Policy
- Developed a Conflict of Interest Policy
- Established a Protection of Shareholders Policy
- Established a Remuneration Policy
- Implemented a company-wide monitoring system to promote positive contribution to UN SDGs
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic disruptions
- Legal cases filed against the Group
Mitigation Strategies
- Crisis management task force to mitigate risks and ensure business continuity
- Risk management plans to manage potential disruptions
- Monitoring and mitigation measures remain in place
- Promoting employee vaccination and booster doses
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: International Financial Reporting Standards (IFRSs), Qatar Financial Markets Authority (QFMA) regulations and Corporate Governance Code
Certifications: ISO 9001, ISO 14001, ISO 45001 (Al Khalij Cement Company), ISO 27001:2013 (Al Khalij Cement Company and QIG Marine Services)
Third-party Assurance: Deloitte & Touche - Qatar Branch
UN Sustainable Development Goals
- Good Health & Wellbeing
- Quality education
- Decent work & Economic Growth
- Responsible consumption and production
- Peace, Justice and strong institutions
Company-wide monitoring systems to promote positive contribution to UN SDGs
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Community Development
- Employee Well-being
- Good Governance
Environmental Achievements
- Recycled 3.65 tons of electronic waste.
- Planted more than 600 trees in a Mangrove Planting Initiative.
- Al Khalij Cement Company (AKCC) adopted energy-efficient technologies to reduce carbon emissions and implemented waste management practices.
- Europcar Company provides customers with electric vehicles and hybrid options.
Social Achievements
- Organized a Medical Health Checkup campaign for all staff.
- Supported the “October Breast Cancer Awareness Month” through awareness campaigns.
- Celebrated Women’s International Day, Mother’s Day, and Father’s Day with employee events.
- QIG Marine Services won first place in The Shipping Agents Cricket League Tournament.
- Participated in a blood donation campaign.
Governance Achievements
- Continuous compliance with the implementation of sound governance through the application of best practices.
- No financial penalties or sanctions were imposed by Qatar Financial Markets Authority (QFMA).
- Implemented a Conflict of Interest Policy.
- Established a Whistle-blowing Policy.
Climate Goals & Targets
Environmental Challenges
- Numerous economic challenges due to global, regional, and local economic uncertainty.
Mitigation Strategies
- Diversified investment sources.
- Maintained focus on core values and strategic objectives.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: International Financial Reporting Standards (IFRS)
Certifications: ISO 9001, ISO 14001, ISO 45001 (AKCC), ISO 27001:2013 (AKCC and QIG Marine Services)
Third-party Assurance: Deloitte & Touche - Qatar Branch
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 8: Decent Work and Economic Growth
- Goal 12: Responsible Consumption and Production
- Goal 16: Peace, Justice and Strong Institutions
QIG's sustainability drive focuses on these SDGs through various initiatives.
Sustainable Products & Innovation
- Electric vehicles and hybrid options (Europcar)