Latest news with #ResponsibleSteel
ME Construction
4 days ago
- Business
- ME Construction
EMSTEEL becomes first company in MENA to receive ResponsibleSteel certification
Sustainability EMSTEEL becomes first company in MENA to receive ResponsibleSteel certification By By addressing critical challenges like responsible sourcing, climate change, diversity, human rights, and environmental stewardship, ResponsibleSteel aims to foster a more responsible and environmentally conscious steel industry EMSTEEL has said its steel business unit, Emirates Steel Industries has achieved a significant milestone. It has officially become the first company in the Middle East and North Africa (MENA) region to receive ResponsibleSteel Core Site Certification. The recognition marks a transformative step for both the company and the region, as it paves the way for sustainable, transparent, and low-carbon steel production in line with global standards, according to a statement from the firm. The ResponsibleSteel certification was awarded after an extensive audit conducted by CARES, an internationally recognised certification body. The rigorous assessment evaluated Emirates Steel Industries, part of EMSTEEL Group's performance, against a set of environmental, social, and governance (ESG) criteria. This certification reflects the standards of ethical business conduct and environmental responsibility. This achievement is further solidified by another recognition – EMSTEEL was recently named a 2025 Steel Sustainability Champion by the World Steel Association (worldsteel), becoming the sole company in the MENA region to earn this for the second consecutive year. Engineer Saeed Ghumran Al Remeithi, Group Chief Executive Officer, EMSTEEL said, 'Achieving the ResponsibleSteel certification is a proud milestone for us and is a testament to our relentless commitment to sustainability, innovation and responsible growth. As the first company in the MENA region to meet this global benchmark, we're proud to continue driving national advanced manufacturing goals, while setting industry benchmarks for decarbonising the steel value chain.' Annie Heaton, Chief Executive Officer of ResponsibleSteel added, 'The certification of EMSTEEL marks the arrival of ResponsibleSteel certification in the MENA region and sets an important benchmark for the region's steel industry. The site certification recognises EMSTEEL's established governance systems, as well as transparent engagement with a wide range of stakeholders. As a region that plays a growing role in the global steel supply chain, the MENA region is poised to become an important piece of the puzzle in the industry's transition.' 'This certification not only shows that sustainability standards can be applied effectively across different regions but also reflects the sustained progress being made by companies like EMSTEEL. We look forward to continuing our work with EMSTEEL and other regional leaders on the journey to a more responsible steel value chain,' Heaton added. Lee Brankley, Chief Executives Officer of CARES commented, 'EMSTEEL has demonstrated exceptional leadership in meeting ResponsibleSteel's rigorous ESG standards. We commend their proactive approach and commitment to continuous improvement. As the first MENA-based company to receive ResponsibleSteel certification, EMSTEEL is setting a new benchmark for the region and reaffirming its role as a leader in responsible industry transformation. This achievement not only strengthens EMSTEEL's position on the global stage but also contributes to the UAE's broader vision for sustainable economic development and climate action.' ResponsibleSteel, the steel industry's global multi-stakeholder standard and certification initiative, collaborates with steel producers, consumers, and intermediaries to establish a sustainable steel industry. By addressing critical challenges like responsible sourcing, climate change, diversity, human rights, and environmental stewardship, ResponsibleSteel aims to foster a more responsible and environmentally conscious steel industry, the statement concluded.
Gulf Today
7 days ago
- Business
- Gulf Today
EMSTEEL earns ResponsibleSteel certification
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, announced today its steel business unit (Emirates Steel Industries, part of EMSTEEL Group) has officially become the first company in the Middle East and North Africa (Mena) region to receive ResponsibleSteel Core Site certification. The ResponsibleSteel certification was awarded following an extensive audit conducted by CARES, an internationally recognised certification body. The assessment rigorously evaluated Emirates Steel Industries part of EMSTEEL Group's performance, against a comprehensive set of environmental, social, and governance (ESG) criteria, reflecting the highest standards of ethical business conduct and environmental responsibility. This certification follows another major recognition, as EMSTEEL was recently named a 2025 Steel Sustainability Champion by the World Steel Association (worldsteel), becoming the only company in the Mena region to earn this prestigious distinction for the second consecutive year. Together, these accolades reflect EMSTEEL's consistent leadership and concrete action in advancing sustainable steel practices. Engineer Saeed Ghumran Al Remeithi, Group Chief Executive Officer of EMSTEEL, said, 'Achieving the ResponsibleSteel certification is a proud milestone for us and is a testament to our relentless commitment to sustainability, innovation and responsible growth.' 'As the first company in the Mena region to meet this global benchmark, we're proud to continue driving national advanced manufacturing goals, while setting industry benchmarks for decarbonising the steel value chain.' Annie Heaton, Chief Executive Officer of ResponsibleSteel, said, 'The certification of EMSTEEL marks the arrival of ResponsibleSteel certification in the Mena region and sets an important benchmark for the region's steel industry. WAM
Zawya
7 days ago
- Business
- Zawya
EMSTEEL becomes first company in MENA to earn global ResponsibleSteel™ Certification
ResponsibleSteel™ is the steel industry's first global multi-stakeholder standard and certification initiative Abu Dhabi, United Arab Emirates: EMSTEEL (ADX: EMSTEEL) ('the Group'), one of the largest publicly traded steel and building materials manufacturers in the region, announced today its steel business unit (Emirates Steel Industries, part of EMSTEEL Group) has officially become the first company in the Middle East and North Africa (MENA) region to receive ResponsibleSteel™ Core Site Certification. This milestone marks a transformative step for both the company and the region in advancing sustainable, transparent, and low-carbon steel production in line with global standards. The ResponsibleSteel certification was awarded following an extensive audit conducted by CARES, an internationally recognised certification body. The assessment rigorously evaluated Emirates Steel Industries, part of EMSTEEL Group's performance, against a comprehensive set of environmental, social, and governance (ESG) criteria, reflecting the highest standards of ethical business conduct and environmental responsibility. This achievement highlights EMSTEEL's industry leadership and reinforces its role as a catalyst for positive change in the global steel sector. This certification follows another major recognition, as EMSTEEL was recently named a 2025 Steel Sustainability Champion by the World Steel Association (worldsteel), becoming the only company in the MENA region to earn this prestigious distinction for the second consecutive year. Together, these accolades reflect EMSTEEL's consistent leadership and concrete action in advancing sustainable steel practices. Engineer Saeed Ghumran Al Remeithi, Group Chief Executive Officer, EMSTEEL, said: 'Achieving the ResponsibleSteel certification is a proud milestone for us and is a testament to our relentless commitment to sustainability, innovation and responsible growth. As the first company in the MENA region to meet this global benchmark, we're proud to continue driving national advanced manufacturing goals, while setting industry benchmarks for decarbonising the steel value chain.' Annie Heaton, Chief Executive Officer of ResponsibleSteel, said: 'The certification of EMSTEEL marks the arrival of ResponsibleSteel certification in the MENA region and sets an important benchmark for the region's steel industry. The site certification recognises EMSTEEL's established governance systems, as well as transparent engagement with a wide range of stakeholders. As a region that plays a growing role in the global steel supply chain, the MENA region is poised to become an important piece of the puzzle in the industry's transition. This certification not only shows that sustainability standards can be applied effectively across different regions but also reflects the sustained progress being made by companies like EMSTEEL. We look forward to continuing our work with EMSTEEL and other regional leaders on the journey to a more responsible steel value chain.' Lee Brankley, Chief Executives Officer of CARES, said: 'EMSTEEL has demonstrated exceptional leadership in meeting ResponsibleSteel's rigorous ESG standards. We commend their proactive approach and commitment to continuous improvement. As the first MENA-based company to receive ResponsibleSteel™ certification, EMSTEEL is setting a new benchmark for the region and reaffirming its role as a leader in responsible industry transformation. This achievement not only strengthens EMSTEEL's position on the global stage but also contributes to the UAE's broader vision for sustainable economic development and climate action.' ResponsibleSteel is the steel industry's first global multi-stakeholder standard and certification initiative. It works with steel producers, consumers, and intermediaries to build a sustainable steel industry by addressing key challenges such as responsible sourcing, climate change, diversity, human rights, and environmental stewardship, among other critical initiatives. About EMSTEEL EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE's largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors. EMSTEEL is committed to contributing to the UAE's industrial strategy 'Operation 300 billion' by delivering market-leading products to support local industries, creating job opportunities for UAE Nationals, and enhancing its sustainable practices. The Group is a global leader in low-carbon steel production and is aligned with the UAE's Net Zero by 2050 Strategic Initiative. Headquartered in Abu Dhabi, EMSTEEL operates 16 state-of-the-art plants, with a production capacity of 3.5 million tonnes of steel and 4.6 million tonnes of cement annually, fuelling the nation's most iconic projects. EMSTEEL is majority owned by ADQ, an active sovereign investor with a focus on critical infrastructure and supply chains.
Al Etihad
7 days ago
- Business
- Al Etihad
EMSTEEL becomes first company in MENA to earn global ResponsibleSteel™ certification
12 Aug 2025 14:00 ABU DHABI (WAM) EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, announced on Tuesday its steel business unit (Emirates Steel Industries, part of EMSTEEL Group) has officially become the first company in the Middle East and North Africa (MENA) region to receive ResponsibleSteel™ Core Site ResponsibleSteel certification was awarded following an extensive audit conducted by CARES, an internationally recognised certification assessment rigorously evaluated Emirates Steel Industries, part of EMSTEEL Group's performance against a comprehensive set of environmental, social, and governance (ESG) criteria, reflecting the highest standards of ethical business conduct and environmental certification follows another major recognition, as EMSTEEL was recently named a 2025 Steel Sustainability Champion by the World Steel Association (Worldsteel), becoming the only company in the MENA region to earn this prestigious distinction for the second consecutive these accolades reflect EMSTEEL's consistent leadership and concrete action in advancing sustainable steel Chief Executive Officer of EMSTEEL, Engineer Saeed Ghumran Al Remeithi, said, 'Achieving the ResponsibleSteel certification is a proud milestone for us and is a testament to our relentless commitment to sustainability, innovation and responsible growth. As the first company in the MENA region to meet this global benchmark, we're proud to continue driving national advanced manufacturing goals, while setting industry benchmarks for decarbonising the steel value chain."Chief Executive Officer of ResponsibleSteel, Annie Heaton, said, 'The certification of EMSTEEL marks the arrival of ResponsibleSteel certification in the MENA region and sets an important benchmark for the region's steel industry. The site certification recognises EMSTEEL's established governance systems, as well as transparent engagement with a wide range of stakeholders."She added that this achievement demonstrates the global applicability of sustainability standards and highlights the continued progress of leading companies such as Executive Officer of CARES, Lee Brankley, said, 'EMSTEEL has demonstrated exceptional leadership in meeting ResponsibleSteel's rigorous ESG standards. We commend their proactive approach and commitment to continuous improvement. This achievement not only strengthens EMSTEEL's position on the global stage but also contributes to the UAE's broader vision for sustainable economic development and climate action.'ResponsibleSteel is the steel industry's first global multi-stakeholder standard and certification initiative. It works with steel producers, consumers, and intermediaries to build a sustainable steel industry by addressing key challenges such as responsible sourcing, climate change, diversity, human rights, and environmental stewardship, among other critical initiatives.
Yahoo
02-04-2025
- Automotive
- Yahoo
Ford asks investors to vote down supply chain emissions proposal
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Ford Motor Co.'s board of directors is asking investors to reject a shareholder proposal requiring the company to report whether its efforts to curb supply chain greenhouse gas emissions align with its net-zero goals, according to a 2025 proxy statement. Shareholder Green Century Capital Management, which raised the proposal, claims the automaker will struggle to achieve its target of global carbon neutrality by 2050 without a strategy to reduce supply chain emissions, particularly when it comes to incorporating low-carbon steel. Ford's board thinks the additional report is unnecessary, noting that the company's annual Integrated Sustainability and Financial Report includes information about its supply chain sustainability progress. As part of its Supplier Code of Conduct, Ford requires its suppliers to report on all scope emissions to better gauge its collective environmental impact. In 2024, the automaker reported it received greenhouse gas emissions data from 377 of its suppliers, a 20% increase over 2022. 'When supplier policies are not aligned with the requirements and expectations outlined in the Supplier Code, the supplier must undertake corrective actions to demonstrate continuous improvements with a deadline for compliance,' Ford said in the 2025 proxy statement. Additionally, Ford has agreed to purchase 10% low-carbon aluminum and near-zero steel by 2030, as noted in its sustainability report. It also signed non-binding contracts with strategic steel suppliers and is working on a multi-material partnership to source aluminum, lithium and copper. Green Century Capital Management argues that despite the automaker's pledges, Ford has not outlined how it will incorporate those steel-related efforts into its strategy to lessen supply chain emissions, which represent 11% of its emissions overall. 'To appropriately respond to climate-related risks and opportunities, Ford should address supply chain emissions with the same ambition as its existing climate risk mitigation efforts,' the Boston-based shareholder states in the proposal. Green Century Capital Management also claims Ford is lagging behind its peers, namely Volvo and Mercedes-Benz, that have joined ResponsibleSteel, a global standards and certification initiative. Recommended Reading GM shareholders deny 3 ethical supply chain proposals
