Alfardan Group has signed a memorandum of understanding (MoU) with Electronics Recycling Factory (ERF) to promote environmental sustainability and the recycling of waste electrical and electronic equipment – widely known as W-EEE, or e-waste.
The MoU was formalised in a meeting between Omar Hussain Alfardan, president and CEO of Alfardan Group; Sheikh Hamad bin Abdulaziz bin Nasser al-Thani, chairman of ERF; Hatem Alhamayda, CEO ERF, and other officials from both organisations, at Alfardan Towers recently.
This initiative comes as part of Alfardan Group’s ESG strategy to reduce its carbon footprint. Under the MoU, the two entities will work closely to ensure the safe and proper disposal and recycling of e-waste in a way that achieves the goals of a sustainable environment and protect it from the risks it faces because of the wrong disposal of hazardous waste.
Omar Hussain Alfardan said, “At Alfardan, we are committed to embedding sustainable practices at the core of our operations and business strategy across the group and making necessary changes to develop sustainable waste management culture that will help reduce our environmental footprint.
“In this regard, we are pleased to collaborate with Electronics Recycling Factory to combine our efforts to shape a brighter, cleaner, and greener Qatar and contribute towards the sustainable development of our beloved country.”
ERF is the first certified ethical recycler of e-waste in the GCC with the capacity to recycle all kinds of WEEE with no selectiveness.
Sheikh Hamad said, “We are pleased to sign this MoU with Alfardan Group to work collectively to strengthen Qatar’s position as one of the most progressive countries to address the world’s fastest environmental problems.
“e-waste recycling is one of the most important issues because of its ability to reduce environmental risks, pollution, the preservation of human life and the health of other living organisms. With a capacity to recycle 45,000 tonnes of e-waste annually, we produce multiple raw materials that are reused again in local industries.”
In line with its commitment to being socially responsible, Alfardan Group is an active participant in the UN Global Compact (UNGC) and is working to integrate the 17 Sustainable Development Goals (SDGs) across its businesses, contributing to the group’s ESG vision.
The MoU was formalised in a meeting between Omar Hussain Alfardan, president and CEO of Alfardan Group; Sheikh Hamad bin Abdulaziz bin Nasser al-Thani, chairman of ERF; Hatem Alhamayda, CEO ERF, and other officials from both organisations, at Alfardan Towers recently.
