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“Aluminium Bahrain B.S.C (Alba), an Atmosphere, Social and Governance (ESG) company activist, is charting its journey to fulfill Bahrain’s Web Zero Emissions by 2060,” as acknowledged by Alba’s CEO Ali Al Baqali throughout a gathering with the Bahrain Affiliation of Banks (BAB) at Alba’s Oasis Corridor on 12 June 2022.
Current on the assembly had been Alba’s Govt Administration workforce, BAB’s Chief Govt Officer Dr. Waheed Al Qassim in addition to prime C-suite executives of greater than 20 nationwide and worldwide banks working in Bahrain.
Throughout the assembly, Ali Al Baqali offered the ESG Roadmap’s 6 precedence areas and initiatives — (1) Decarbonisation, (2) Inexperienced Power & Aluminium, (3) Round Financial system & Secondary Aluminium, (4) Worker Welfare, (5) Collaboration, Partnership and (6) Transparency, Communications & Due Diligence.
Addressing the BAB delegation, Al Baqali acknowledged:
“We consider that small acts, when multiplied by tens of millions of stakeholders, can have larger impression.
Working collectively collectively is the Solely Proper Alternative to grasp our nation’s targets underneath the management of HRH the Crown Prince and Prime Minister of Bahrain and we consider that Bahrain Affiliation of Banks will play an essential function in Alba’s ESG journey.”
Dr. Waheed Al Qassim, the CEO of BAB, mentioned:
“This go to is a part of the affiliation’s dedication to offering an efficient hyperlink between its members from monetary and banking establishments and the varied financial establishments. On the identical time, BAB appreciates the function performed by Alba in contributing considerably to GDP and creating rewarding job alternatives for residents, whereas additionally supporting the economic system and improvement within the Kingdom of Bahrain.”
Including additional, Dr. Al Qassim acknowledged: “When it comes to making use of one of the best environmental and governance fashions, Bahrain’s monetary and banking establishments have a number of pioneering experiences that may be shared with Alba which embrace sustainable improvement, inexperienced finance, and different targets which have been clearly outlined within the Central Financial institution of Bahrain’s Monetary Providers Sector Growth Technique 2022-2026.This high-level assembly with Alba enhances the 2 sides’ strong cooperation in ESG and different areas of joint cooperation.”
After rolling-out the ESG Roadmap to the Firm’s workers and banks, Alba may even attain out to different stakeholder teams who would affect the sustainability of its operations.
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