Takween Advanced Industries 2024 AR2
The report highlights Takween Advanced Industries' financial and operational performance for the fiscal year 2024, during which the company successfully reduced its net losses to SAR 76 million. Key achievements include the establishment of a Center of Excellence for Preform and Closure Manufacturing to drive innovation and sustainable practices, such as the use of recycled PET (rPET). On the environmental front, the company focused on resource efficiency, waste recycling, and carbon footprint reduction in alignment with Saudi Vision 2030. Socially, Takween maintained a 46.15% localization rate, supported employees with disabilities, and recorded zero work-related injuries. Additionally, the company enhanced its capital structure through a SAR 300 million capital increase.
Company: Takween Advanced Industries
Sector: Manufacturing
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 120
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Takween Advanced Industries
Annual Report
The report highlights Takween Advanced Industries' financial and operational performance for the fiscal year 2024, during which the company successfully reduced its net losses to SAR 76 million. Key achievements include the establishment of a Center of Excellence for Preform and Closure Manufacturing to drive innovation and sustainable practices, such as the use of recycled PET (rPET). On the environmental front, the company focused on resource efficiency, waste recycling, and carbon footprint reduction in alignment with Saudi Vision 2030. Socially, Takween maintained a 46.15% localization rate, supported employees with disabilities, and recorded zero work-related injuries. Additionally, the company enhanced its capital structure through a SAR 300 million capital increase.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees