EMSTEEL Building Materials PJSC 2021 IR
The report highlights the strategic merger between Arkan Building Materials Company and Emirates Steel in 2021, creating the UAE's largest steel and building materials company. Financially, the Group recorded revenues of AED 3,022.2 million, though it faced a net loss of AED 744.6 million due to impairment provisions. On the ESG front, the company achieved zero fatalities across its workforce, increased its Emiratisation rate to 19%, and expanded its female board representation to 29%. Additionally, the Group focused on environmental stewardship by consuming 48,857,630 GJ of natural gas to aid in decarbonisation.
Company: EMSTEEL Building Materials PJSC
Sector: Manufacturing
Country: United Arab Emirates
Year: 2021
Type: IR
Pages: 155
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EMSTEEL Building Materials PJSC
Integrated Annual Report
The report highlights the strategic merger between Arkan Building Materials Company and Emirates Steel in 2021, creating the UAE's largest steel and building materials company. Financially, the Group recorded revenues of AED 3,022.2 million, though it faced a net loss of AED 744.6 million due to impairment provisions. On the ESG front, the company achieved zero fatalities across its workforce, increased its Emiratisation rate to 19%, and expanded its female board representation to 29%. Additionally, the Group focused on environmental stewardship by consuming 48,857,630 GJ of natural gas to aid in decarbonisation.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees