Creating Sustainable Value
Welcome Message
Khalid Al Rumaihi
Chairman
Beyond Profit: Building a Sustainable Future for Alba
In today's business environment, a company's success depends on more than financial results; Environmental, Social, and Governance (ESG) factors are crucial for long-term growth. Alba embraces this shift, committing to sustainable and responsible practices. By integrating sustainability into our core operations, Alba has become a leader in responsible aluminium production, as evidenced by achieving ASI Performance Standard V3 recertification. Our initiatives support the Kingdom's Net Zero Emissions by 2060 goals and our ESG Roadmap, driving us toward carbon neutrality while positively impacting the environment and communities.
Ali Al Baqali
Chief Executive Officer (CEO)
Leading the Way in Sustainable Aluminium Production
Alba, a global leader in aluminium smelting, is accelerating its commitment to Environmental, Social, and Governance (ESG) practices, focusing on Decarbonisation, Green Energy & Aluminium, and Circular Economy & Secondary Aluminium. Key initiatives include the PS5 Block 4 Project to reduce GHG emissions by Q4 2024, a solar farm generating 6 MW of clean energy annually, and the use of solar-powered electric industrial vehicles. Alba also supports greenery projects like the Ras Sanad Mangrove Nursery and aims to plant 6,000 trees annually. Alba's dedication to sustainability, transparency, and social responsibility underpins its strategy, creating lasting value for all stakeholders, including the Kingdom of Bahrain.
Key achievements
Environmental
0 %
Waste recycled
0 %
increase in conservation projects spend
0 %
reduction in water withdrawal
Social
0 %
Bahraini National workforce
0 k+
hours of training delivered on Governance
Governance
0 %
supplier screening against social criteria
0 %
supplier screening against environmental criteria
About This Report
Our ESG Report covers the calendar year ending December 31, 2023, and provides an overview of Alba’s Environment, Social and Governance achievements during the 12 months. The information in this report focuses on issues that are of significance to all our stakeholders based on a materiality assessment. It has been prepared in accordance with GRI Universal Standards (2021) and in alignment with leading frameworks, including the United Nations Sustainable Development Goals (SDGs), the Kingdom of Bahrain’s Economic Vision 2030, the Central Bank of Bahrain (CBB) reporting requirements and in reference to the International Financial Reporting Standards (IFRS) on Sustainability Disclosure, we are committed to expanding our disclosures to cover more IFRS requirements in future reports.
