Emirates Global Aluminium PJSC (EGA) released its second-annual Sustainability Report earlier this week, detailing the progress the firm made towards its sustainability targets in 2018.
In the report, EGA notes its work in conjunction with the Aluminium Stewardship Initiative over the last calendar year. EGA join the ASI in 2017, becoming the first Middle Eastern firm to do so. Last May saw EGA’s operations at Al Taweelah become the first in the region to achieve Aluminium Stewardship Initiative’s Performance Standards, which measures the site’s sustainability practices and performance.
Abdulla Kalban, Managing Director & Chief Executive Officer of EGA, noted the importance of sustainability in aluminium production.
“The use of aluminium has enormous potential benefits, from making cars lighter and more fuel efficient to creating packaging that is infinitely recyclable. However at EGA we recognise that making products that help meet social and environmental challenges is not enough. It also matters how responsibly those products are made.”
“Transparently reporting our successes and challenges in annual Sustainability Reports is an important way for us both to demonstrate we deserve the trust of the societies in which we operate and to improve our sustainability performance,” he concluded.
The report covers sustainability performance at the firm’s operations both domestically in the United Arab Emirates and at its operations in the Republic of Guinea as well. The report is the second such made by EGA since its formation in 2014.
Based in Abu Dhabi, United Arab Emirates, Emirates Global Aluminium is an aluminium conglomerate created by the merger between Dubai Aluminium (DUBAL) and Emirates Aluminium (EMAL) in 2013. EGA had an estimated enterprise value of US$15 billion at the time the merger took place. The firm is owned equally by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai. Emirates Global Aluminium holds interests in bauxite/alumina and primary aluminium smelting.