Climate Change Data

Riyadh Cables Group (RCGC)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:116,896 tCO2e/year
Scope 1 Emissions:36,828 tCO2e/year
Scope 2 Emissions:80,005 tCO2e/year
Scope 3 Emissions:62 tCO2e/year

ESG Focus Areas

  • Climate Action
  • Corporate Stewardship
  • Inclusive Meritocracy

Environmental Achievements

  • Adopted ISO 50001 for energy management
  • Upgraded equipment to improve energy efficiency
  • Implemented water recycling systems
  • Established robust waste management framework including waste segregation and partnerships with certified waste management firms
  • Deployed advanced emission control technologies
  • Developed eco-friendly metal sheaths as an alternative to lead-based materials
  • Reduced GHG emissions (Specific numbers not provided in easily extractable format)

Social Achievements

  • Increased investment in community-focused initiatives by 25%
  • Launched innovative training programs for employees and local communities
  • Implemented employee long-term incentive plan
  • Provided comprehensive medical insurance coverage and robust protocols for managing work-related injuries
  • Offered various leave options including maternity and paternity leave
  • Organized sporting events to encourage health and teamwork
  • Conducted numerous training initiatives across multiple disciplines

Governance Achievements

  • Reinforced corporate governance framework to ensure transparency, accountability, and ethical conduct
  • Implemented a comprehensive Conflict of Interest Policy
  • Trained 66 management-level employees in business ethics
  • Established a robust risk management framework
  • Implemented a rigorous Anti-Corruption Policy
  • Established a structured grievance and appeals mechanism

Climate Goals & Targets

Medium-term Goals:
  • Significant reductions in greenhouse gas emissions and energy consumption by the end of the decade

Environmental Challenges

  • Reducing greenhouse gas emissions
  • Transitioning to renewable energy
  • Minimising waste
  • Water treeing in cables due to soil salts
Mitigation Strategies
  • Integrating energy-efficient technologies and processes
  • Adopting renewable energy solutions
  • Innovative recycling initiatives
  • Developing materials and strategies to withstand harsh environmental conditions

Supply Chain Management

Responsible Procurement
  • Vendor Approval Process based on technical, quality, and commercial requirements
  • QHSE questionnaire
  • On-site audits

Climate-Related Risks & Opportunities

Opportunities
  • Opportunities in Clean Tech

Reporting Standards

Frameworks Used: GRI, SASB, Saudi Tadawul guidelines

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001

Sustainable Products & Innovation

  • Eco-friendly metal sheaths
  • Fully recyclable cables
  • High-Temperature Low Sag (HTLS) conductors
  • Low-smoke, zero-halogen cables