Alba developing road map to realise ESG goals

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Aluminium Bahrain (Alba) announced collaborating with a top-class sustainability consultant to develop a fully-fledged roadmap to realise its ESG goals in line with Bahrain’s commitment for ‘Net Zero Emissions’ by 2060.

Alba said its roadmap would lay out quick wins, short-term and long-term goals in line with the Company’s Mission to inspire change and boost its status as an Aluminium Stewardship Initiative certified aluminium producer.

Alba recently issued a Public Tender for installing solar panels at its Solar Farm to diversify energy sources and adopt clean energy.

The move, Alba said, is in line with the Kingdom of Bahrain’s Economic Vision 2030 and Green/Renewable Energy Targets led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

The Solar Farm project will have a capacity of more than 5 MW and cover an approximate surface area of 37,000 sq. meters spread over operational areas, car parks and Alba Club.

Speaking about Alba’s ESG approach, Chief Executive Officer, Ali Al Baqali, said: “We can’t delegate our ESG transformation, we collectively must own it and embrace it.

ESG is not a destination but a journey.

What we have is agility, and today I call upon each one to embrace our nation’s objectives, under the leadership of HRH the Crown Prince and Prime Minister of Bahrain, to reach net-zero by 2060.”

Alba also recently signed an MoU with Bahrain’s Sustainable Energy Authority (SEA) to seek opportunities that will help it leverage SEA’s expertise to find sustainable energy solutions.

Alba said it will use its resources under the leadership of its Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa to play a leading role across its supply-chain to make a difference in “what matters the most – be the ESG change we want to see in the world.”