Saudi Lime Industries Company
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Safety
- Human Capital
- Sustainability
- Corporate Governance
Environmental Achievements
- Implemented an integrated policy to preserve the environment, including installing filters on production lines and periodic maintenance to reduce harmful emissions.
- Gradual measures to reduce carbon dioxide emissions through a long-term plan to reduce fuel consumption and replace traditional fuels with alternatives.
Social Achievements
- Achieved an 85.4% employee retention rate through employee development initiatives.
- Implemented the “Spark Lime” strategy to enhance work culture and employee engagement.
- Saudization of 29% of qualified national specializations.
- Training sessions for more than 500 hours.
Governance Achievements
- Successfully listed the Company’s shares in the Parallel Market “Nomu”.
- Adherence to the highest standards of corporate governance and all provisions of the Corporate Governance Regulation issued by the Capital Market Authority.
- Established a governance framework promoting transparency, accountability, and competence.
Climate Goals & Targets
Long-term Goals:
- Achieve the Company’s vision and optimize shareholder returns and customer value.
Medium-term Goals:
- Increase Saudization rates for all professional specializations.
- Implement the Company’s strategic plan 2022-2025.
Short-term Goals:
- Complete remaining works on a new brick piston in Riyadh (pilot operation by end of September 2023).
- Begin operation of Mill No. 7 of the firefighting unit at site No. 2 (April 1, 2023).
Environmental Challenges
- Drastic rise in production inputs.
- Impact on global supply chains.
- Explosive increase in transportation costs.
- Rise in diesel and other fuel prices negatively affecting operational costs.
Mitigation Strategies
- Adjusted prices in harmony with the Company’s policy to maintain the continuity of supplies and market share.
- Maintained customers’ trust by adapting to changes and emergency developments.
- Implemented a new ERP system to digitize operations and improve efficiency.
Supply Chain Management
Responsible Procurement
- Company’s supply chain management for procurement of warehouse services, transportation, and delivery of spare parts.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: International Accounting Standards
Certifications: ISO 9001, ISO 14001, ISO 45001
Sustainable Products & Innovation
- Hydrated dololime
Awards & Recognition
- Best company in their field from the Saudi Companies Summit