Annual Report

Overview

The report highlights the company's resilient 2024 performance, including AED 8.3 billion in revenue despite challenging steel-market conditions. It describes the successful green-hydrogen pilot with Masdar and progress on low-carbon steel initiatives. The report also highlights the launch of ESG and decarbonisation strategies and recognition as the 2024 Steel Sustainability Champion for decarbonisation efforts.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 11 March 2025
Language: English
Pages
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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Ratings

CDP score

Materiality

Assessment
Basis

Assurance

Statement included

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