Aluminium Bahrain B.S.C. (Alba) has agreed upon a roadmap to achieve its environment, social, and governance (ESG) goals this week that it says will lead the firm to net-zero emissions by 2060.
Per the firm, the plan outlines several quick wins as well as short- and long-term goals, all of which dovetail with its mission statement. Alba says the plan will also enhance its stature as a Aluminium Stewardship Initiative (ASI) certified aluminium producer.
“We can’t delegate our ESG transformation, we collectively must own it and embrace it,” said Chief Executive Officer Ali Al Baqali in a related press release. “ESG is not a destination but a journey. What we have is agility and today I call upon each one to embrace our nation’s objectives under the leadership of HRH the Crown Prince and Prime Minister of Bahrain to reach net zero by 2060.”
“Alba also recently signed an MoU with Bahrain’s Sustainable Energy Authority (SEA) to seek opportunities that will help it leverage SEA’s expertise to find sustainable energy solutions. With more actionable plans in the pipeline to address Climate Change such as clean energy, environment protection, waste management, responsible sourcing, etc., Alba will be using its resources under the leadership of its Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa to play a leading role across its supply-chain to make a difference in what really matters the most – be the ESG change we want to see in the world.”
“I also take the opportunity to extend my thanks towards Alba’s Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa for inspiring us to go above and beyond and for supporting in our pursuit to realise our ESG objectives in line with Bahrain’s Economic Vision 2030,” concluded Al Baqali.
Alba is one of the largest industrial companies in the Middle East and is the world’s biggest aluminium smelter outside the People’s Republic of China. Originally incorporated in 1968, the company is based in Bahrain and 84% of its total workforce are Bahraini nationals. It began operations in 1971 with a 120,000 metric ton annual capacity. Modernization bumped the output up to 450,000 metric tons in 1992. In the spring of 2005, Alba opened Line 5, raising output by 860,000 metric tons per year. In 2020 Alba’s smelter produced 1,548,500 metric tons of primary aluminium.