Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, announced on Tuesday, November 24, that it topped the Environmental, Social and Governance (ESG) ratings list by ESG Invest yet again for the second consecutive year in Bahrain.
ESG Invest ratings quantify the ESG performance of companies in the Arab world against 200-plus ESG quantitative and qualitative Performance Indicators and more than 40 ESG criteria derived from International Standards and National Visions.
Commenting on this milestone, Alba’s Chief Executive Officer, Ali Al Baqali, said: “Ranking number ONE by ESG Invest in Bahrain endorses Alba’s sound corporate transparency and stakeholder accountability. We believe that ESG should be the Forward Focus especially as COVID-19 has accelerated the shift towards civic society with a major emphasis on social cohesion, community support and volunteering for the public good. Being one of the blue-chip assets in Bahrain, we remain committed to translate the Kingdom’s Economic Vision 2030 and lead the change in ESG.”
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This year, Alba’s environmentally friendly aluminium smelter was also acknowledged by the Aluminium Stewardship Initiative with its Performance Certification. It also received ‘Bronze Medal’ 2020 from the international rating platform EcoVadis in recognition of commitment and performance in Corporate Social Responsibility (CSR).
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