Gulf Cables and Electrical Industries Group Co KPSC 2024 SR

The report provides a comprehensive overview of Gulf Cables & Electrical Industries Group's ESG performance for 2024, aligning with the New Kuwait 2035 vision and GRI Standards. Key environmental highlights include a 17.86% reduction in water consumption and a 37% increase in recycled PVC waste. The company successfully reduced its workplace accident rate from 1.49 to 0.71 through enhanced safety protocols and delivered over 14,000 training hours to its workforce. Governance was strengthened through 100% board meeting attendance and the initiation of ISO 50001 energy management systems. Looking forward, the group has committed to achieving carbon neutrality by 2035 and increasing renewable energy integration to 20-30% of total consumption.

Company: Gulf Cables and Electrical Industries Group Co KPSC

Sector: Industrials

Country: Kuwait

Year: 2024

Type: SR

Pages: 64

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Gulf Cables and Electrical Industries Group Co KPSC

Gulf Cables and Electrical Industries Group Co KPSC 2024 Sustainability Report

Sustainability Report

The report provides a comprehensive overview of Gulf Cables & Electrical Industries Group's ESG performance for 2024, aligning with the New Kuwait 2035 vision and GRI Standards. Key environmental highlights include a 17.86% reduction in water consumption and a 37% increase in recycled PVC waste. The company successfully reduced its workplace accident rate from 1.49 to 0.71 through enhanced safety protocols and delivered over 14,000 training hours to its workforce. Governance was strengthened through 100% board meeting attendance and the initiation of ISO 50001 energy management systems. Looking forward, the group has committed to achieving carbon neutrality by 2035 and increasing renewable energy integration to 20-30% of total consumption.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Water Consumption

Women on Board

Net Zero Target

Employees