Environmental, Social, and Governance (ESG)
ESG at GIS OMAN: Our Commitment to a Sustainable Future
At GIS OMAN, our commitment to Environmental, Social, and Governance (ESG) principles is integral to our mission of providing high-quality magnesium solutions. We recognize that responsible production is not just an obligation but a critical driver of innovation, resilience, and long-term value for our stakeholders and the planet.
We are dedicated to leading our industry by minimizing our environmental footprint, ensuring the highest standards of social responsibility, and maintaining transparent and ethical governance.
Environmental Stewardship
Reducing Carbon Emissions:
We are actively investing in and transitioning towards more energy-efficient production methods. While traditional magnesium production is energy-intensive, we are committed to innovating our processes and integrating renewable energy sources to significantly reduce our greenhouse gas emissions.
Promoting a Circular Economy:
Magnesium is 100% recyclable. Our secondary production from post-consumer scrap uses only 5-10% of the energy required for primary production. We are building a robust recycling ecosystem, partnering with end-of-life vehicle and aerospace sectors to close the loop and drastically lower the industry's overall carbon footprint.
Enabling Lightweighting Solutions:
The primary environmental benefit of our products is realized by our customers. By enabling significant weight reduction in automobiles and aircraft, magnesium components are pivotal in improving fuel efficiency and reducing carbon emissions throughout the entire use-phase of these vehicles.
Social Responsibility
Worker Health & Safety:
The well-being of our employees is our non-negotiable top priority. We maintain a relentless focus on creating a zero-harm culture through continuous training, strict safety protocols, and advanced protective measures in all our facilities.
Positive Community Impact:
We strive to be a good neighbor. This means proactively managing our operational impacts, such as air quality and noise, while also contributing positively to local economies through job creation, community engagement, and strategic local investment.
Ethical & Transparent Supply Chains:
In a global market, we hold ourselves and our partners to the highest ethical standards. We conduct rigorous due diligence to ensure transparency and responsibility throughout our supply chain, guaranteeing that our materials are sourced in a manner that respects human rights and the environment.
Corporate Governance
Ethics & Compliance:
We adhere to the strictest ethical standards and maintain full compliance with all local and international regulations. Our code of conduct is embedded across the organization, guiding every business decision we make.
Stakeholder Engagement & Transparency:
We believe in open and honest communication with our investors, customers, employees, and communities. We are committed to clearly reporting our ESG performance, goals, and challenges.
ESG Integration:
ESG factors are formally integrated into our corporate strategy, risk management frameworks, and investment decisions. This structured approach ensures we identify potential issues early and seize opportunities to create sustainable value.