Emirates Steel Arkan to utilize IBM ESG software to harness the transformative power of technology

Emirates Steel Arkan to utilize IBM ESG software to harness the transformative power of technology

DUBAI, UAE – Emirates Steel Arkan and IBM announced today on the sidelines of COP28 that the Group will be leveraging the advanced capabilities of IBM Envizi ESG Suite software to streamline the sustainability reporting process through revolutionized data utilization and insights as part of its digitization strategy to capture value and increase productivity and efficiencies. Collaborating seamlessly with IBM's business partner, Gulf Business Machines (GBM), this strategic implementation of Envizi marks a pivotal moment for Emirates Steel Arkan do drive its digital infrastructure modernization efforts forward using the power of digital capabilities to make data-driven decisions and reporting.

Aligned with the UN Climate Change Conference (COP 28) and the UAE's "Year of Sustainability," this initiative underscores Emirates Steel Arkan's commitment to operationalizing sustainability, advancing environmental goals, and realizing its decarbonization ambitions in line with UAE’s net zero by 2050 strategic initiative. The IBM Envizi ESG Suite software establishes a robust data foundation, simplifying greenhouse gas (GHG) emission calculation and reporting while significantly reducing reporting time.

Saeed Alghafri, CEO of Emirates Steel, an Emirates Steel Arkan company, said: “As one of the region’s leading steel and building materials groups, we have always emphasized and remained committed to innovation and sustainability. We are