Aluminium Bahrain (Alba) and the Bahrain Center for Strategic, International and Energy Studies (Derasat) have signed a MoU with a view to advancing environmental, social and governance (ESG) initiatives in support of the Kingdom’s sustainability goals.
The agreement outlines joint efforts to enhance energy efficiency, reduce carbon emissions and balance economic and environmental priorities. Key initiatives include a specialised research study to identify the optimal energy mix for Alba’s operations and the development of a unified ESG framework. A joint task force of experts from both organisations will lead these efforts.
The agreement was signed on 27 August at Derasat’s Awali headquarters by Alba CEO Ali Al Baqali and Derasat CEO Abdulla Mohamed Alahmed, in the presence of senior representatives from both organisations.
Ali Al Baqali commented, “This MoU with Derasat is a testament to Alba’s unwavering commitment to sustainability and innovation. By combining our industrial expertise with Derasat’s research capabilities, we are laying the groundwork for transformative ESG initiatives that will not only benefit Alba but also contribute to Bahrain’s national goals”.
“Together, we aim to pioneer solutions in renewable energy and carbon reduction that are both economically viable and environmentally responsible,” he added.
Abdulla Mohamed Alahmed concluded, “Through advanced mathematical modelling and scenario analysis conducted by our Artificial Intelligence and Renewable Energy Lab (AIRE Lab), we aim to deliver practical, data-driven solutions that support Bahrain’s long-term economic competitiveness and environmental goals.”
Alba and Derasat sign MoU to advance ESG initiatives Middle East Construction News.
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