Oriental Weavers Carpets Co SAE 2020 AR2
The report highlights Oriental Weavers' performance and strategic initiatives for the fiscal year 2020, during which the company navigated the challenges of the COVID-19 pandemic to achieve revenues of EGP 9,485 million. The company expanded its local presence by opening five new showrooms and accelerated its e-commerce strategy, with online sales growing significantly. In terms of sustainability, Oriental Weavers achieved energy savings of 26,000 MWh, representing 13% of its energy consumption, and reduced CO2 emissions by 12,000 tons. Additionally, the company implemented waste management practices, recycling up to 30% of its solid waste internally, and donated EGP 24 million to various social, educational, and healthcare initiatives in Egypt.
Company: Oriental Weavers Carpets Co SAE
Sector: Consumer Discretionary
Country: Egypt
Year: 2020
Type: AR2
Pages: 56
Oriental Weavers Carpets Co SAE
Annual Report
The report highlights Oriental Weavers' performance and strategic initiatives for the fiscal year 2020, during which the company navigated the challenges of the COVID-19 pandemic to achieve revenues of EGP 9,485 million. The company expanded its local presence by opening five new showrooms and accelerated its e-commerce strategy, with online sales growing significantly. In terms of sustainability, Oriental Weavers achieved energy savings of 26,000 MWh, representing 13% of its energy consumption, and reduced CO2 emissions by 12,000 tons. Additionally, the company implemented waste management practices, recycling up to 30% of its solid waste internally, and donated EGP 24 million to various social, educational, and healthcare initiatives in Egypt.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees