Qatar Steel delivers on its commitment to sustainability by launching its third annual sustainability report.
The report that re-emphasizes Qatar Steel’s commitment and approach to sustainability, captures the company’s sustainability framework, stakeholder map, key 2013 achievements, and includes several commitments that serve as catalyst for Qatar towards improving its sustainability performance.
Qatar Steel’s sustainability efforts are well aligned to the national priorities as defined by the Qatar National Vision 2030 and the National Development Strategy.
“At the sector level, we will continue to be actively engaged in Qatar’s Sustainable Development Industry Reporting (SDIR) Programme, which aims for advancing the Qatar energy and industry sector’s performance and leadership on sustainable development.”, Mr. Ali Bin Hassan Al-Muraikhi, Managing Director and General Manager said.
As Qatar Steel’s first priority is to satisfy the demands of the Qatar market. Qatar Steel brought online its fifth Electric Arc Furnace (EAF5) in 2013, with a production capacity of 1.1 million tons per annum, which was commissioned in December 2013.
2013 was another excellent year for Qatar Steel with high productivity across all operating units and achieved high operational and financial performances. In 2013, Qatar Steel successfully reduced its energy consumption by 2.4% and its total greenhouse gas emissions (GHGs) by 3.3%, while increasing its overall productivity by 2.5%. The company also introduced a number of waste management initiatives such as recycling by-products generated during production and through collaboration with some concerned bodies.
Qatar Steel also improved its safety performance with 31% reduction in reportable injury rate for employees and zero fatalities among its employees and contractors. It was another year of low employee attrition rate of 3.6%.
“We acknowledge that challenges remain, and there will always be room for improvement. But we hope to address them in an open and transparent manner, and together with our stakeholders. As we continue to grow and serve the ambitious infrastructure expansion plans of Qatar, we are committed to making sustainability a part of everyone’s work culture.” Mr. Ali Bin Hassan Al-Muraikhi, Managing Director and General Manager said.