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Friday, December 05, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "Forbes Middle East" (2 articles)

GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani
Business

GWC named among Forbes Middle East 'Sustainability Leaders 2025'

Gulf Warehousing Company (GWC) has been ranked ninth regionally in the transport and logistics category on Forbes Middle East’s Sustainability Leaders 2025 list, which features 126 companies and institutions.This recognition highlights GWC’s role in promoting sustainable development practices and supporting environmental, social, and governance (ESG) initiatives across the region.GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani said: “We are proud to be recognised by Forbes Middle East for the third year in a row. This honour reflects our steadfast commitment to integrating ESG principles into our business model and highlights our ongoing efforts to provide sustainable logistics and supply chain solutions to our diverse clientele, in line with Qatar’s Third National Development Strategy, Qatar National Vision 2030, the National Environment and Climate Change Strategy, and the UN Sustainable Development Goals (SDGs).”GWC’s Group Acting CEO Matthew Kearns stated: “Sustainability is a cornerstone for driving positive change, promoting responsible practices, and contributing to development. We achieve this by leveraging our capabilities, investing in the communities where we operate, strengthening governance, protecting the environment, and managing risks effectively.”He added: “This recognition reaffirms our commitment to adopting responsible initiatives and taking a proactive approach to sustainability. It further strengthens GWC’s position as a leader in ESG practices, demonstrated through a wide range of initiatives such as beach clean-ups, tree planting, wastewater treatment, energy conservation and emissions reduction, paperless processes, vehicle route optimisation, reduce-reuse-recycle initiatives, and resource consumption optimisation.”GWC’s Biobin initiative processed nearly 100 tonnes of food waste from its sites last year, transforming close to 40 tonnes into premium, nutrient-rich compost – enough to cover the equivalent of 14 FIFA football pitches.As part of the initiative, the recycled compost is donated to local agricultural projects including Education City Micro Farm, a community garden run by agriculture company Hadiqa that offers educational workshops for children in Doha, teaching them about gardening to create a more self-sufficient future.Forbes Middle East highlighted that the company has reduced Scope-1 carbon emissions by 3% and Scope-2 emissions by 0.2% compared with 2023 levels in 2024 and recycled more than 162,000m³ of treated wastewater at GWC Bu Sulba Warehousing Park, achieving a 6% year-on-year reduction in water consumption in the same year.In 2024, GWC also recycled over 2,200 tons of waste, with a bold target of cutting waste by 20% by 2030. The company remains committed to minimising landfill dependency and promoting sustainable solutions.In September 2024, GWC joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative, aligning itself with over 23,000 companies from some 166 countries worldwide committed to promoting responsible business practices and SDGs.

QIB Group CEO Bassel Gamal
Business

QIB Group CEO featured among Forbes Middle East’s Sustainability Leaders 2025

QIB Group CEO Bassel Gamal has been recognised in Forbes Middle East’s ‘Sustainability Leaders 2025’, a list celebrating executives who are advancing sustainability across the region’s largest companies.The achievement underscores the bank’s dedication to environmental management, robust ESG commitments, and innovative sustainability initiatives, affirming its influential role in promoting positive environmental impact and sustainable practices.QIB’s recognition aligns with the bank’s ongoing commitment to its ESG strategy, which includes the introduction of innovative, Shariah-compliant solutions and tools that empower customers and businesses to make more sustainable choices.This year’s Forbes Middle East list features 126 leaders across 15 industries, underscoring how sustainability is shifting from pledges to measurable action across the region. In the banks category, Gamal was recognised among the Middle East’s top 10 leading executives within the banking industry, affirming QIB’s leadership in sustainable finance and responsible banking.Gamal said, “We are pleased to be recognised by Forbes Middle East as a sustainability leader, reaffirming our strong commitment to environmental and social responsibility. This distinction validates our dedication to sustainability through tangible initiatives and recent milestones.“Our core strategy integrates sustainability into our business operations, rooted in our Islamic values and heritage. Over the past year, we have accelerated the integration of ESG principles across our organisation, aligning closely with Qatar National Vision 2030, Qatar Central Bank’s ESG & Sustainability Strategy for the Financial Sector, the National Environment and Climate Change Strategy, and global best practices. This commitment strengthens our brand and enhances our financial resilience and long-term value for all stakeholders.”Recent QIB milestones include being the first bank in Qatar to adopt the Equator Principles, which has led the bank to embed a robust ESG Risk Assessment process in its credit review for all new finance requests. The bank has launched a sustainable deposit for institutional and corporate customers, which is in turn tagged to its sustainable asset portfolio. This product is aligned with QIB’s Sustainable Products Framework – guiding green and social financing.QIB has further introduced a carbon emissions tracker in the QIB Mobile App — Qatar’s first of its kind to help retail customers monitor the carbon footprint of their card transactions and encourage environmentally responsible purchasing behaviour through tailored sustainability tips. Additionally, QIB has collaborated with DHL to help lower its logistics emissions under the GoGreen Plus flagship, introduced a range of eco-friendly cards made from recycled plastic, and accelerated its shift to paperless banking through e-statements, digital onboarding, and smart printing.QIB’s current sustainability-related initiatives are aimed at embedding the assessment of climate risks within its risk management processes, leading to the evaluation of the potential impact of climate-related physical and transition risks on its wholesale banking portfolio, as per the guidelines laid down in Qatar Central Bank’s ESG Supervisory Principles for Banks.Forbes Middle East has unveiled its 2025 Sustainability Leaders list, spotlighting organisations across the Middle East that are driving measurable progress toward sustainable business goals. The evaluation considered demonstrable environmental impact, adherence to ESG principles, transparency, collaboration, initiatives delivered over the past year, and credible net-zero roadmaps. Within banking and financial services, the methodology placed particular emphasis on advancing sustainable finance.