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Sustainability

Sustainability at Gulf Cables

At Gulf Cables & Electrical Industries Group Co. K.S.C.P., sustainability is embedded in how we operate, not just how we report. Each year, we share our progress on environmental, social, and governance (ESG) performance, offering stakeholders a transparent view of our ongoing sustainability journey.

Our reporting follows the Global Reporting Initiative (GRI) Sustainability Reporting Standards 2021, giving a clear picture of how we manage our most significant impacts on the economy, environment, and society, including human rights. It also reflects our alignment with the United Nations Sustainable Development Goals (UN SDGs) and our contribution to Kuwait Vision 2035, through the initiatives, practices, and long-term value we build for the future.

Sustainability Reports

2024
2023
2022
2021

Sustainability Report 0 bytes

Annual Report Cover 2024

Highlights

Environmental

119,223 GJ

Total energy consumption

2.74 GJ/t

Energy intensity (per ton cable produced)

~9%

Reduction in electricity consumption vs. 2022

~753 tCO2e

Scope 1 GHG emissions

~19,620 tCO2e

Scope 2 GHG emissions

~3%

Reduction in water consumption

~573 tons

Total waste generated

~504 tons

Waste diverted from disposal (recycled)

88%

Waste recycling rate

Governance

8

Board members (all non-executive)

2

Independent Board members

~99%

Average Board meeting attendance rate

10/11

Board meetings convened in 2022

0

Confirmed corruption incidents

98.7%

Shareholder approval on remuneration

100%

Employees covered by Anti-Corruption Policy communication

24/7

Confidential ethics & anti-corruption hotline available to employees

3rd year

Consecutive GRI-aligned Sustainability Report