Oriental Weavers Carpets Co SAE 2023 AR2

The report highlights Oriental Weavers' financial and operational resilience during 2023, achieving record-breaking revenues of EGP 17.6 billion despite global economic challenges. The company advanced its sustainability agenda by investing USD 3 million in energy-saving projects, saving 9,000 MWh of electricity and reducing carbon emissions by 3,000 tons. Additionally, Oriental Weavers expanded its water conservation efforts, recycling 22,000 cubic meters of water, and transitioned 95% of EFCO's raw materials to recycled polyester. On the social front, the company sponsored the Top 100 Students program and provided 53,000 HSE training hours to its personnel.

Company: Oriental Weavers Carpets Co SAE

Sector: Consumer Discretionary

Country: Egypt

Year: 2023

Type: AR2

Pages: 50

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Oriental Weavers Carpets Co SAE

Oriental Weavers Carpets Co SAE 2023 Annual Report

Annual Report

The report highlights Oriental Weavers' financial and operational resilience during 2023, achieving record-breaking revenues of EGP 17.6 billion despite global economic challenges. The company advanced its sustainability agenda by investing USD 3 million in energy-saving projects, saving 9,000 MWh of electricity and reducing carbon emissions by 3,000 tons. Additionally, Oriental Weavers expanded its water conservation efforts, recycling 22,000 cubic meters of water, and transitioned 95% of EFCO's raw materials to recycled polyester. On the social front, the company sponsored the Top 100 Students program and provided 53,000 HSE training hours to its personnel.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

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

Water Consumption

Total Waste

Women on Board

Women in Management

Employees