GlobalData offers a comprehensive analysis of Almarai, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Almarai‘s ESG performance. GlobalData’s company profile on Almarai offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Almarai, a leading food and beverage company, has set sustainability targets to reduce its greenhouse gas (GHG) emissions and achieve the goals by 2025. In 2022, the company reported scope 1 emissions amounted to 938,126 metric tonnes of CO2e, scope 2 emissions amounted to 836,020 metric tonnes of CO2e, and scope 3 emissions amounted to 864,525 metric tommes of CO2e. Net-zero refers to balancing the amount of GHG emissions produced with the amount removed from the atmosphere, effectively resulting in no net emissions.
The company is taking steps to monitor and reduce its emissions. These steps include implementing energy-efficient practices, investing in renewable energy sources, and optimizing transportation and logistics operations. In 2022, Almarai took significant steps towards sustainability by publishing their Energy Policy and Climate Change Position Statement, emphasizing transparency in their approach to energy stewardship and emissions reduction. Their commitment extends to managing refrigerant gases, actively limiting, reducing, and substituting gases like CFCs with more environmentally friendly alternatives such as HCFCs and HFCs. Almarai's 'Energy Roadmap,' initiated in 2020, aligns with their energy strategy, focusing on reducing energy consumption, monitoring, and transitioning to renewable energy sources, particularly solar power. To ensure everyone in the organization plays a role in reducing energy usage, Almarai conducts training, awareness campaigns, and energy-saving competitions.
Almarai has proactively initiated emission reduction measures and intends to sustain these efforts in the future, potentially investing in eco-friendly technologies and infrastructure. With a focus on sustainability across its value chain, Almarai aims to meet its sustainability objectives and play a part in combating climate change. Setting specific targets for GHG emission reduction by 2025, Almarai endeavors to implement sustainable practices and invest in measures dedicated to emission reduction, furthering its commitment to a greener future.