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Time of India
6 days ago
- Business
- Time of India
New global alliances, commitments for a sustainable future at Hamburg Sustainability Conference
BATHINDA: The Hamburg Sustainability Conference (HSC) concluded its second edition, reinforcing its position as a vital global platform for advancing sustainable development. Around 1,600 participants from all across the world—including a notable number of high-level representatives from politics, international organizations, business, academia, and civil society—convened in Hamburg on June 2 and 3 to forge new alliances and accelerate progress toward the United Nations 2030 Agenda. HSC 2025 marked the launch of important initiatives and the achievement of new consensus, such as the agreement on the Hamburg Declaration on Responsible AI for the SDGs. German Minister for Economic Cooperation and Development Reem Alabali-Radovan: 'At a time when nationalist tendencies are jeopardising international cooperation, the Hamburg Sustainability Conference stands for the spirit of cooperation that binds the world together. Hamburg sends out a strong signal for solidarity and cooperation, an encouragement to us all. The conference has made progress on concrete solutions for some of the key challenges that we must face in the future: for cities of the future that will be liveable places for more and more people despite climate change, for the common fight against inequality or for artificial intelligence that benefits all people. First Mayor of the Free and Hanseatic City of Hamburg Peter Tschentscher: 'The 17 Sustainable Development Goals aim to give 8 billion people worldwide a good life and a secure future, with access to education, health, participation, peace, security, and prosperity. Implementing this is a mandate and a great responsibility for the international community, because global developments can only be achieved through cooperation and joint efforts. ' UNDP Administrator Achim Steiner: 'The Hamburg Sustainability Conference is a moment to challenge conventional wisdom, redefine possibilities, and craft a new narrative—not one of division and decline, but of unity, cooperation, and collective progress. The Hamburg Declaration on Responsible AI for the Sustainable Development Goals marks an important milestone in this journey. Initiated at this conference in 2024, this landmark declaration has just been endorsed by representatives from over 40 governments, private sector organizations, civil society, and leading research institutions. This outcome represents a crucial commitment to harnessing AI responsibly, ensuring it promotes equity, connect communities and addresses global inequalities. This collaboration does not end here. Our task now is to work together to ensure AI's extraordinary capabilities drive sustainable development, benefiting everyone, everywhere, equally.' Honorary Chairman of the Supervisory Board of the Oto Group Michael Oto: 'Everyone has a role to play in tackling global challenges. At the same time, it is crucial that policymakers establish enabling frameworks and the scientific community drives innovation. The initiatives built upon since last year, together with the new alliances forged at HSC 2025, show that the conference brings the right stakeholders to the table—and that it's driving real impact. ' Hamburg Declaration on Responsible AI for the SDGs: On Monday, UNDP and the Federal Ministry for Economic Cooperation and Development endorsed the Hamburg Declaration on Responsible AI for the Sustainable Development Goals, together with over 40 governments, private sector organizations, civil society, and leading research institutions. The landmark initiative – the first global declaration focused specifically on AI in international development – outlines shared principles and commitments to promote the equitable, inclusive, and sustainable development and deployment of artificial intelligence worldwide, with particular emphasis on empowering developing countries. SCALED: Unlocking Private Investment for Sustainable Development: The members of the Hamburg Sustainability Platform (HSP) signed a joint declaration of intent, reaffirming their commitment to removing barriers to large-scale sustainable investment. Rebranded as 'SCALED – Scaling Capital for Sustainable Development,' the initiative brings together public and private institutions to enhance coordination. By the end of 2025, SCALED plans to launch a dedicated company to mobilize private capital more efficiently for projects such as solar farms or entrepreneurship support. It aims to help close financing gaps in developing countries and could unlock several billion USD in private capital over the coming years. Launch of the Global Alliance against Inequality: The Global Alliance against inequality, was officially launched. The coalition unites governments and partners in a bold effort to tackle the systemic roots of inequality undermining social cohesion and democratic governance worldwide. Germany and Sierra Leone, alongside the Pathfinders Initiative, signed the declaration of intent committing to evidence based policies that address economic and social disparities. The Alliance emphasizes crossregional collaboration, dialogue, and policy innovation to rebuild trust in public institutions and foster peaceful, just societies. Among the other notable agreements, signings, and announcements during HSC 2025 are the Memorandum of Understanding between the Deutsche Gesellschaf für Internationale Zusammenarbeit (GIZ) and Euler Hermes to strengthen support for German exports and investments in developing and emerging countries within the framework of sustainable development; the new Biodiversity Fund of the Aid by Trade Foundation (AbTF), with an initial capital of €500,000 aimed at supporting biodiversity conservation projects particularly within global textile supply chains; The addition of one new signatory to the Hamburg Declaration on Green Aviation, and two new signatories to the Hamburg Declaration on the Decarbonisation of Global Shipping — both initiated at HSC 2024; The Joint Statement of stakeholders across sectors on Enhancing Municipalities' Access to Private Capital; and the presentation of the concept for the 'Institute for Sustainability Arbitration' (ISA), which is envisioned as a specialized body dedicated to ensuring legal certainty in sustainability-related disputes through expert arbitration.
Zawya
29-01-2025
- Business
- Zawya
JSIS advocates steel slag to drive sustainable construction practices
Jindal Shadeed Iron and Steel (JSIS), a leading force in the region's industrial sector, recently hosted an exclusive event at its Liwa facility in North Al Batinah to advocate for the use of steel slag as a sustainable alternative in commercial construction. The gathering, attended by the Governor of North Al Batinah, other senior dignitaries from the region and Muscat Governorate, as well as industry experts and key decision-makers, highlighted JSIS's dedication to advancing environmentally responsible practices. In line with Oman Vision 2040's focus on sustainability and resource efficiency, the event showcased steel slag, a by-product of steel production, as an innovative and eco-friendly solution for road construction and infrastructure projects. By promoting its adoption, JSIS seeks to reduce dependency on natural stone aggregates, safeguard Oman's natural reserves, and drive the nation's transition toward a circular economy. Notably, the steel slag roads have been effectively implemented in countries like the USA, Germany, and Japan, showcasing its environmental and economic benefits while preserving ecosystems in mining regions. It has been tried, tested and approved for use commercially for some decades. Some advantages of using Steel Slag Aggregates over Natural aggregates in Road construction: Commenting on the initiative, HE Sheikh Mohammed bin Sulaiman Al Kindi, Governor of North Al Batinah, said, 'Environmental sustainability is one of Oman's top priorities and serves as a fundamental pillar of Oman Vision 2040. Implementing strategic environmental programs is among the most vital means to achieve various developmental objectives, particularly in the industrial sectors. The Sultanate reaffirms its commitment to strengthening responsible environmental practices in alignment with global sustainability goals and the United Nations 2030 Agenda.' His Excellency further emphasized the importance of adopting innovative solutions to minimize environmental impact, stating: 'For instance, utilizing steel slag not only helps in reducing long-term environmental impact but also accelerates the transition towards more efficient and sustainable resource utilization.' Highlighting global trends in this field, he added: 'Many regions worldwide are increasingly adopting steel slag as a sustainable and resource-efficient option. As an ambitious nation with a forward-looking vision, Oman is keen to keep pace with these advancements. By incorporating steel slag into industrial processes, we have a significant opportunity to curb emissions, reduce waste, and contribute to the development of a cleaner and more sustainable circular economy.' Mr. Harssha Shetty, CEO of JSIS, emphasized the role of steel slag in supporting Oman's environmental objectives, stating, "With growing global environmental concerns, it is imperative for industries to embrace sustainable practices in resource management and production. The construction sector, in particular, must prioritize eco-friendly solutions to address the environmental impact of traditional methods. At JSIS, we are at the forefront of these developments, leveraging innovative approaches to optimize resource utilization while delivering high-quality products that support greener practices. Through initiatives like these, JSIS is proud to contribute to building a cleaner future for Oman while driving sustainability across varied sectors." Echoing Mr. Shetty's sentiments, Mr. Prakash Chaudhari, COO of JSIS, added, 'Steel slag offers a viable and environmentally sound alternative to natural aggregates while providing a steady supply of high-quality materials for infrastructure projects. Globally, steel slag has been proven effective in preserving ecosystems and reducing the environmental footprint of construction. By championing such innovative solutions, JSIS not only addresses critical environmental challenges but also strengthens its position as a forward-thinking contributor to Oman's sustainable development goals.' By hosting such events, JSIS actively encourages local companies to explore the untapped potential of steel slag and advocate for its broader adoption in future projects. The event featured comprehensive presentations that highlighted the various advantages of steel slag, particularly its role in ecosystem protection. Repurposing this by-product significantly reduces the need for mining natural aggregates, which is often linked to environmental degradation, including deforestation, habitat loss, and soil erosion. Additionally, using steel slag helps mitigate dust pollution, improving air quality and fostering a healthier ecological balance. The event also introduced innovative applications, such as using steel slag to fill open-pit mines in the North Al Batinah Governorate, providing a proactive solution to prevent acid mine drainage, and further reinforcing JSIS's commitment to environmental stewardship. With its unwavering focus on innovation and sustainability, JSIS continues to shape a progressive industrial landscape, fostering partnerships and solutions that contribute to a resilient, environmentally conscious future for Oman. About Jindal Shadeed Iron and Steel: Jindal Shadeed Iron & Steel (JSIS) is a premier steel manufacturing company based in the Sultanate of Oman. As a key player in the region's industrial sector, JSIS is dedicated to supporting Oman Vision 2040 by fostering local economic growth and driving sustainable development. With state-of-the-art facilities at SOHAR Port and Freezone, JSIS specializes in producing high-quality steel products, including rebars, billets, and wire rods, catering to both domestic and international markets. Since its establishment in 2010, the company has achieved significant milestones, such as commissioning advanced Direct Reduction, Steel Melt Shop, and Rolling Mill plants. JSIS also champions sustainability through innovative circular economy projects like slag recycling for brick production. Committed to operational efficiency, safety, and environmental stewardship, JSIS continues to strengthen Oman's non-oil GDP while maintaining strong partnerships with local stakeholders and creating lasting value for its employees, customers, and community.
Observer
28-01-2025
- Business
- Observer
Jindal Shadeed highlights steel slag in road construction
BUSINESS REPORTER MUSCAT, JAN 28 Jindal Shadeed Iron and Steel (JSIS) hosted an event at its Sohar Port facility on Tuesday showcasing the potential use of steel slag as a sustainable alternative in commercial construction, notably road construction and infrastructure projects. The event, attended by a number of local dignitaries, highlighted the use of steel slag – a byproduct of steel production – as an eco-friendly alternative to natural stone aggregates, thereby driving the nation's transition toward a circular economy. Notably, steel slag roads have been implemented in countries like the USA, Germany, and Japan, where the technology has been tested and approved for use commercially. Using steel slag aggregates in place of natural aggregates in road construction has a number of environmental and cost benefits. It contributes to savings in water use per kilometre of road construction, reduction of CO2 emissions, and high compressive stress. Commenting on the initiative, Shaikh Mohammed bin Sulaiman al Kindi, Governor of North Al Batinah, said, 'Environmental sustainability is one of Oman's top priorities and serves as a fundamental pillar of Oman Vision 2040. Implementing strategic environmental programs is among the most vital means to achieve various developmental objectives, particularly in the industrial sectors. The Sultanate reaffirms its commitment to strengthening responsible environmental practices in alignment with global sustainability goals and the United Nations 2030 Agenda.' Al Kindi further emphasized the importance of adopting innovative solutions to minimize environmental impact, stating: 'For instance, utilizing steel slag not only helps in reducing long-term environmental impact but also accelerates the transition towards more efficient and sustainable resource utilization.' Harssha Shetty, CEO of JSIS, emphasized the role of steel slag in supporting Oman's environmental objectives, stating, "With growing global environmental concerns, it is imperative for industries to embrace sustainable practices in resource management and production. The construction sector, in particular, must prioritize eco-friendly solutions to address the environmental impact of traditional methods. At JSIS, we are at the forefront of these developments, leveraging innovative approaches to optimize resource utilization while delivering high-quality products that support greener practices. Through initiatives like these, JSIS is proud to contribute to building a cleaner future for Oman while driving sustainability across varied sectors." Prakash Chaudhari, COO of JSIS, added, 'Steel slag offers a viable and environmentally sound alternative to natural aggregates while providing a steady supply of high-quality materials for infrastructure projects. Globally, steel slag has been proven effective in preserving ecosystems and reducing the environmental footprint of construction. By championing such innovative solutions, JSIS not only addresses critical environmental challenges but also strengthens its position as a forward-thinking contributor to Oman's sustainable development goals.'
