Conares strengthens ESG commitment; aligns with UAE’s sustainability drive

Conares strengthens ESG commitment; aligns with UAE’s sustainability drive

Dubai: Conares, the second largest private steel manufacturer in the UAE, has demonstrated its dedication to Environmental, Social, and Governance (ESG) initiatives by making significant progress. Strengthening its commitment to sustainability, the company has recently appointed three distinguished non-executive directors to its board. This strategic move further solidifies Conares' alignment with the UAE government's push towards sustainability.

In line with its expansion plans and the development of green steel, which also aligns with the Comprehensive Economic Partnership Agreement (CEPA), Conares recognizes the importance of establishing a robust corporate governance framework. The newly appointed non-executive board members bring a wealth of expertise in ESG practices, making them valuable assets in driving Conares' sustainable initiatives and integrating responsible practices into the core operations.

Mr. Bharat Bhatia, CEO, Conares, emphasized the company's strong belief in aligning its mission and vision with ESG principles as they pursue ambitious goals in the steelmaking sector. Embracing diversity and expertise from different regions, Conares fosters a culture of continuous improvement and social responsibility. The company's focus on sustainability activities, social obligations, and internal corporate governance has been met with positive reception and validation from the esteemed non-executive board members.

Mr. Massimo Falcioni, a dynamic leader in the financial sector exhibiting