{"id":96029,"date":"2020-01-23T14:17:35","date_gmt":"2020-01-23T12:17:35","guid":{"rendered":"https:\/\/powernews.cc\/?p=96029"},"modified":"2020-01-23T14:17:35","modified_gmt":"2020-01-23T12:17:35","slug":"%d8%a7%d9%84%d9%82%d9%84%d8%b9%d8%a9-%d8%aa%d8%b9%d9%84%d9%86-%d9%85%d8%b4%d8%a7%d8%b1%d9%83%d8%aa%d9%87%d8%a7-%d8%b6%d9%85%d9%86-%d8%a3%d9%88%d9%84-177-%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d9%86-36-%d8%af","status":"publish","type":"post","link":"https:\/\/powernews.cc\/?p=96029","title":{"rendered":"\u0627\u0644\u0642\u0644\u0639\u0629 \u062a\u0639\u0644\u0646 \u0645\u0634\u0627\u0631\u0643\u062a\u0647\u0627 \u0636\u0645\u0646 \u0623\u0648\u0644 177 \u0634\u0631\u0643\u0629 \u0645\u0646 36 \u062f\u0648\u0644\u0629 \u0641\u064a \u062d\u0645\u0644\u0629 “\u0637\u0645\u0648\u062d \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0644\u062e\u0641\u0636 \u062d\u0631\u0627\u0631\u0629 \u0627\u0644\u0643\u0648\u0643\u0628 \u0644\u0645\u0648\u0627\u062c\u0647\u0629 \u0645\u0634\u0643\u0644\u0629 \u0627\u0644\u062a\u063a\u064a\u0631 \u0627\u0644\u0645\u0646\u0627\u062e\u064a"},"content":{"rendered":"

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\nQalaa Announces Joining 177 early Corporate Movers from 36 Countries in the \u201cBusiness Ambition for 1.5\u00b0C\u201d Campaign for Climate Action – SDG#13<\/strong><\/span><\/p>\n

On the sidelines of Davos 2020 \u201cStakeholders For a Cohesive and Sustainable World\u201d and in continuation of its pioneering sustainability practices, Qalaa Holdings is pledging to set climate targets that align with limiting global temperature rise to 1.5\u00b0C above pre-industrial levels<\/strong><\/span><\/p>\n

On the sidelines of Davos 2020, Qalaa Holdings is proud to announce that it has signed a pledge that will see the company commit to 1.5\u00b0C science-based emissions reduction targets aligned with a net-zero future in response to the latest climate science recommendation to limit the worst impacts of climate change. Qalaa became one of 177 pioneering early adopters of the campaign to address climate change in a more urgent and quantifiable manner. <\/strong><\/span>
\n\u201cQalaa Holdings has already adopted a multifaceted strategy throughout our operations that has sustainability, innovation and value creation at its core. Since inception 15 years ago, we have strived to ensure that our investments and practices are responsible across economic, environmental, and social parameters,\u201d said Qalaa Chairman and Founder Ahmed Heikal. \u201cNow I think we are ready to take things to the next level and thus I am extremely proud to be among the first companies worldwide to take part in this ambitious corporate initiative that promotes collective action towards achieving sustainable emissions targets.\u201d<\/strong><\/span><\/p>\n

\nThe campaign was originally announced in Madrid, Spain at the 25th annual United Nations Climate Change Conference COP 25 and in a joint press release from the United Nations Global Compact, the Science Based Targets initiative (SBTi) and the We Mean Business coalition. Link to UN Climate Change News: https:\/\/unfccc.int\/news\/at-cop-25-corporate-climate-movement-grows-as-new-companies-announce-plans-to-align-with-a-15degc<\/strong><\/span><\/p>\n

\u201cWe believe that businesses have a vital role to play in helping limit the effects of global warming and building the net-zero carbon economy of the future. We are very proud of the fact that our investments in solar, biofuels, recycling, river transportation, and environmentally-friendly building materials are already making a positive impact. As signatories of the 1.5\u00b0C Pledge we will be able to measure, quantify and accordingly reduce our greenhouse gas emissions at a pace and scale that is necessary to limit global warming,\u201d said Heikal. <\/strong><\/span><\/p>\n

\n\u201cThe scale of the climate crisis is more visible than ever and the need for climate action becomes more pressing with each passing day. By signing this important pledge, we are underscoring our accountability, responsibility and leadership towards carbon neutrality and achieving a more sustainable future for generations to come,\u201d said Hisham El-Khazindar, Co-Founder and Managing Director at Qalaa Holdings. \u201cIt is a continuation of a responsible ESG program that has always made us the investor of choice for DFIs, multilateral development banks and export credit agencies looking for opportunities in African megaprojects. As we build businesses in addition to looking for financial returns commensurate with risks, we are always looking to make a positive and measurable impact on the communities and environments in which we operate. Large corporations should follow suit and step up to their role as major stakeholders in our common future, collaborate to achieve the 1.5 campaign goals, and convert their investment portfolios to net-zero emissions by 2050.\u201d <\/strong><\/span><\/p>\n

\nAs part of its focus and commitment to responsible investing and sustainability, Qalaa is the first Egyptian company to appoint a Chief Sustainability Officer, Ms Ghada Hammouda, and the first to establish a Sustainability Committee at the corporate board level as it continually works to ensure responsible health, safety, labor, governance and environmental practices across its subsidiaries. <\/strong><\/span><\/p>\n

\n\u201cA confluence of changes, disrupters and paradigm shifts in policy, public perception and the environment have created a new climate for business. We are at an inflection point in the history of capitalism as we know it. As we enter what is termed the \u201cdecisive decade\u201d, we need to redefine the role of businesses in society, establish a clear purpose that goes beyond financial returns to include the 3 P\u2019s \u201cProfit\u201d, \u201cPeople\u201d, \u201cPlanet\u201d and deliver on shared prosperity that respects the planet and the environment and takes the interests of all stakeholders into account,\u201d said Ghada Hammouda, Chief Sustainability and Marketing Officer at Qalaa Holdings. \u201cThe 1.5\u00b0C climate pledge is in line with the company\u2019s triple bottom line strategy that aims to promote long-term economic, social and environmental development and supports the achievement of Egypt\u2019s Vision 2030 and the UN Sustainable Development Goals (SDGs), including SDG#13 Climate Action, where Qalaa has been leading by example.\u201d <\/strong><\/span><\/p>\n

\nLike all signatories to the 1.5\u00b0C pledge, Qalaa will be asked to set verifiable science-based targets through the Science Based Targets initiative (SBTi), which independently assesses corporate emissions reduction targets against scientific best practice. Companies that align their business strategies with climate science are best-placed to thrive as the global economy transitions to a net-zero future by 2050.<\/strong><\/span><\/p>\n

\nQalaa Holdings has contributed to achieving sustainable growth by investing in strategic sectors such as energy, waste-to-energy circular solutions, energy-efficient river transportation, infrastructure, and industrial facilities equipped with the latest environmentally responsible technologies.<\/strong><\/span><\/p>\n

\nTo date, Qalaa has founded and developed more than 50 companies and created well over 40,000 jobs. In terms of impact on the planet and environment, Qalaa has worked tirelessly to balance and reduce its carbon footprint, which includes making investments in affordable and clean energy solutions (SDG #7) \u2014 one of its primary operational objectives. Among Qalaa\u2019s investments in affordable and clean energy are the Egyptian Refining Company (ERC), a USD c.4.4 billion refinery in Greater Cairo which will seek to eliminate 186,000 tons of Egypt\u2019s Sulphur dioxide emissions; Nile Logistics, a transportation, port management and logistics platform that utilizes environmentally friendly river barges as an alternative to trucking, and TAQA Arabia, Egypt\u2019s leading private sector energy distribution company with investments in the world\u2019s largest solar park in Benban Aswan, which is expected to eliminate c.78 thousand tons of emission annually.<\/strong><\/span>
\n\u2014Ends\u2014<\/strong><\/span><\/p>\n

\n