The world’s largest smelter ex-China Aluminium Bahrain B.S.C. (Alba) continues to lead in Sustainability as it has been recognised as the top Company in Bahrain on the Environmental, Social and Governance (ESG) ratings list by ESG Invest - the investment research arm of ‘Sustainability Excellence’, which provides comprehensive ratings that quantify ESG performance of companies in the Arab World.
Commenting on this occasion, Alba’s Chief Executive Officer, Ali Al Baqali said:
“We view ESG as central to Alba’s mission -- ‘being a responsible corporate citizen, we want to create value for all our stakeholders and society’.
We are pleased to be selected as the Number One Company for ESG in Bahrain, for the third year in a row, which speaks volumes about our adopted approach when it comes to ESG.
We believe that ESG knows no borders and with the roll-out of our ESG roadmap, we are on course to create a better community impact.”
ESG Invest ranked Alba on the merit of its ESG reporting in line with the Global Reporting Initiatives (GRI): Core Option as published in the Company’s Sustainability Report 2020. Detailed insights can be found in Alba’s 2020 Sustainability Report as published on its website www.albasmelter.com.
About Aluminium Bahrain B.S.C. (Alba)
Starting as a 120,000 tonnes per annum smelter in 1971, Alba, today, is the world’s largest aluminium smelter ex-China with a production of more than 1.561 million metric tonnes per annum (2021). Its diverse product portfolio of Standard and Value-Added Products (VAP)s are exported to more than 240 global customers through its sales offices in Europe (Zurich), Asia (Hong Kong & Singapore) and subsidiary office in the U.S. Alba is dual listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), SABIC Industrial Investments Company (SIIC) (20.62%) and General Public (10%).
Over the last five decades, Alba has been a major contributor to the social, industrial, and economic development of the Kingdom of Bahrain. The Company is at the heart of a thriving Bahrain’s aluminium sector, which accounts for approximately 12% of the country's GDP. Renowned for being an employer of choice, Alba is a model in Employee Training and Development and employs over 3,100 people across its operations (2021), of which 84% are Bahraini nationals. It is noteworthy that in 2021, Alba achieved more than 581,000 training- hours despite the challenges of COVID-19.
Alba is recognised as one of the top industrial companies in the world with high standards in Environment practices, Social contribution and Corporate Governance. Over 50 years, the Company has invested into projects that had a positive impact on the society in which it operates. More recently, Alba’s US$37.5 million zero-waste Spent Pot Lining Treatment Plant, the upcoming 5-plus MW Solar Farm Project and strategic role in the future Aluminium Downstream Park are a testimony of Alba’s Sustainability Roadmap that will meet the goals of Bahrain’s Economic Vision 2030 as well as the Net Zero Carbon targets led by HRH the Crown Prince and Prime Minister of Bahrain in COP26 summit. In addition, globally-recognised certifications such as ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016 and ASI Performance Standard Certification and Ecovadis attest to Alba’s actions to produce aluminium responsibly and sustainably.
Safety of its employees and contractors’ workforce remains Alba’s top priority. Over the years, the Company has maintained an excellent track record in Safety and Health for which it has won prestigious international awards such as the RoSPA Gold Award (9 years in a row) and International Safety Award with Merit from British Safety Council in 2020. Alba stayed strong on its journey of Safety Excellence by topping more than 25 million safe working-hours without any Lost Time Injury (LTI) by XX 2022.
Alba has also been recognised internationally for its strong values and operating excellence, with the most recent ones being top ESG performer in Bahrain by ESG Invest; Safeguard Label from Bureau Veritas; and Best Corporate Governance Award by Ethical Boardroom. For more information on Alba, please visit www.albasmelter.com
Alba External Grievance Mechanism
Alba’s External Grievance Mechanism receives and facilitates the resolution of any affected communities’ concerns and grievances about Alba’s Environment and Social (E&S) performance. External grievances about Alba’s E&S performance can be logged via the Alba Integrity Line - an independently operated confidential reporting hotline in multiple languages - via a toll-free phone system or via the intranet 24 hours a day.
Alba Response to COVID-19 Pandemic
Alba’s response strategy to COVID-19 was initiated back to January 2020 in line with the guidelines of Bahrain National Taskforce for Combating Coronavirus (COVID-19). The Company was able to maintain safe operations throughout 2021 thanks to its nimble workforce – employees and contractors’ personnel.
For further details, please contact:
Director, Investor Relations, Insurance & Corporate Secretary
Investor Relations Department
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