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
Gulf Cables and Electrical Industries Group Co KPSC
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