Gulf Cement Co PSC 2024 IR
The report outlines Gulf Cement Company's financial and sustainability performance for the fiscal year 2024. Despite facing local and global market challenges, the company achieved a 100% increase in EBITDA compared to the previous year. Key environmental achievements include an 8.24% reduction in greenhouse gas emissions per ton of cement compared to 2022, and a 25.12% reduction in water consumption. The company also successfully initiated the use of alternative fuels, achieving a 2.24% thermal substitution rate, and generated 187,532,451 kWh of green power through its waste heat recovery systems.
Company: Gulf Cement Co PSC
Sector: Manufacturing
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 156
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Gulf Cement Co PSC
Integrated Report
The report outlines Gulf Cement Company's financial and sustainability performance for the fiscal year 2024. Despite facing local and global market challenges, the company achieved a 100% increase in EBITDA compared to the previous year. Key environmental achievements include an 8.24% reduction in greenhouse gas emissions per ton of cement compared to 2022, and a 25.12% reduction in water consumption. The company also successfully initiated the use of alternative fuels, achieving a 2.24% thermal substitution rate, and generated 187,532,451 kWh of green power through its waste heat recovery systems.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees