QALA for Financial Investments 2016 Annual Report with Sustainability Disclosures
The report highlights Qalaa Holdings' progress in aligning its core business, portfolio, and ESG practices with the United Nations Sustainable Development Goals (SDGs) during 2016. Key achievements include reaching 94% completion of the USD 3.7 billion Egyptian Refining Company (ERC) project, which is expected to significantly reduce Egypt's diesel imports and sulfur emissions. Additionally, the company celebrated the 10-year anniversary of the Qalaa Holdings Scholarship Foundation, which has awarded 163 scholarships to Egyptian students for graduate studies abroad. Qalaa Holdings was also recognized as a founding member of the UN Global Compact Network in Egypt, reflecting its commitment to sustainable and responsible business practices.
Company: QALA for Financial Investments
Sector: Finance & insurance
Country: Egypt
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 34
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QALA for Financial Investments
Annual Report
The report highlights Qalaa Holdings' progress in aligning its core business, portfolio, and ESG practices with the United Nations Sustainable Development Goals (SDGs) during 2016. Key achievements include reaching 94% completion of the USD 3.7 billion Egyptian Refining Company (ERC) project, which is expected to significantly reduce Egypt's diesel imports and sulfur emissions. Additionally, the company celebrated the 10-year anniversary of the Qalaa Holdings Scholarship Foundation, which has awarded 163 scholarships to Egyptian students for graduate studies abroad. Qalaa Holdings was also recognized as a founding member of the UN Global Compact Network in Egypt, reflecting its commitment to sustainable and responsible business practices.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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
Employees