I am a finance coach. I help my clients understand personal finance, educating them in the best way to manage their personal finances so they feel empowered, knowledgeable and can make the best financial decisions for them. I help my clients find ways to financial freedom that works for them and their timelines and ambitions in life.
Signify is the new company name of Philips Lighting. We are the world leader in lighting and provide our customers with high-quality, energy-efficient lighting products, systems and services. We turn light sources into points of data to connect more devices, places and people through light, contributing to a safer, more productive and smarter world.
BioEnergy was founded as a direct result of a problem encountered by Egypt in 2013, due to the rising of the economic crisis and the issuing of the law that states no fuel subsidies for the Energy Intensive Industries. This lead to an increase of the cost of the production by 150%.
However, this was the start of a new adaptive strategy of the cement industry to cope up with the lack of the imported coal.
Wherever waste is generated and energy needed, BioEnergy is committed to developing profitable and affordable solutions for integrating sustainability with development needs. Moreover, BioEnergy is expanding to cover all three fields: Water, Electricity, Waste. As we are qualified to develop Waste to Energy Plants from the WMRA and Ministry of Environment, Egypt.
Culligan was founded in 1936, and is a global leader in water treatment, services and solutions for homes, offices, and industries. We are a purpose-led business, making a real difference in the health and wellness of individuals and communities by delivering clean, safe, great tasting water.
We design, engineer and manufacture water & wastewater treatment equipment and formulate & blend water treatment chemicals to create clean, safe, healthy water for every need.
We provide complete sustainable water & wastewater solutions for every industry.
Our planet is suffering from plastic littering but the issue is not about plastic as a material but how we use and dispose of it. One of the reasons is the behaviour of consumers.
ZeLoop empowers institutions and businesses to educate and incentivize consumers on eco-friendly gestures for a litter-free world.
Our solution is composed of a mobile phone application that will reward consumers for collecting plastic bottles.
The application is built on our in-house reward engine that serves as a platform where other eco-friendly applications rewarding citizens can be connected in a suite of solutions for sustainability and environment protection. The system is universal, it directs consumers to crowd sourced points of collection managed by third parties.
The only thing users have to do to get a reward is :
- Gather used plastic bottles
- Drop them at collection points
- Upload a picture of deposited bottles on the app
- Win tokens to get exciting rewards!
Amal Glass is a wearable device that enables the blind and visually impaired people to Live their daily lives independently. Using artificial intelligence and machine learning, the glass has 13 Application in Arabic and English languages As knowing current time, recognizing currency, reading text box and localizing themselves at the streets in addition to recognize products in supermarket and much more.
Aldar Properties (Aldar) has entered a clean energy agreement with Emirates Water and Electricity Company (EWEC), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE.
Through the agreement, 100 percent of Aldar’s owned and managed operating assets will be powered by EWEC’s clean energy sources for up to five years in a move that aims to promote the adoption of clean energy and support the expansion of decarbonisation in the real estate sector.
At present, scope 2 emissions, associated with the purchase of electricity from the grid, represent the largest source of greenhouse gas emissions at Aldar’s real estate assets and this agreement will reduce those emissions and support decarbonisation across the company’s portfolio. The clean energy, which will be supplied to Aldar’s assets from EWEC’s clean energy sources, will be validated via Clean Energy Certificates registered by EWEC, a scheme that was launched by the Abu Dhabi Department of Energy to enable Abu Dhabi companies to validate claims of producing and consuming renewable or clean electricity as part of their efforts to achieve sustainability goals.
EWEC is one of the key parties enabling the implementation of Abu Dhabi’s Clean Energy Certificate scheme, acting as Single Registrant and auction operator to establish a primary market for this new instrument, conducting auctions every quarter that any organisation can participate in.
Greg Fewer, Chief Financial and Sustainability Officer, commented, "There has never been a time more critical for the corporate community to acknowledge the impact that real estate assets have on the environment. Buildings account for 37 percent of today's global CO2 emissions when both operational emissions and embodied emissions of materials are taken into account. It is evident that sustainable buildings are one of the most effective means of tackling this global challenge and we are proud to make this milestone move with EWEC as our partner." Francois Brice, Commercial Executive Director at EWEC, said, "We are really excited to see key Abu Dhabi companies such as Aldar taking the lead on reaching Zero Carbon by certifying the origin of the power consumed from the grid through the clean energy certificate scheme, joining other major energy, industrial, healthcare, and commercial entities taking positive action to reduce carbon emissions. Aldar moved swiftly to participate in the scheme, becoming the first real estate development, management and investment company and one of the larger market participants."
Aldar continues to make significant progress with regards to its sustainability goals, scoring higher than all listed real estate companies in the UAE. Furthermore, Aldar was ranked third among all listed companies on Abu Dhabi Securities Exchange, and increased its ESG ratings within two major global benchmarks, the Dow Jones Sustainability Index (DJSI) and Sustainalytics, driven by a focus on minimising its environmental impact and the launch of various social impact initiatives as part of its broader ESG strategy.
Source: WAM
Masdar, one of the world’s leading renewable energy companies, announced today that TotalEnergies is adding its expertise in the energy sector to a Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF).
Senior executives from Masdar, Siemens Energy and TotalEnergies today signed a collaboration agreement on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2022, to act as co-developers for a demonstrator plant project, which will be established at Masdar City, Abu Dhabi’s flagship sustainable urban development. The agreement was signed by Francois Good, Senior Vice President, Refining and Petrochemicals Africa Middle East and Asia at TotalEnergies, Dietmar Siersdorfer, Managing Director Middle East and UAE, Siemens Energy, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
Francois Good, Senior Vice President, Refining and Petrochemicals Africa Middle East and Asia at TotalEnergies, said, “We are very pleased to partner with Masdar and Siemens Energy to meet the challenge of decarbonizing air transport through sustainable aviation fuel from green hydrogen. In this project, TotalEnergies brings its expertise in renewables energy as well as SAF manufacturing and marketing advanced sustainable fuel production with the aim of acting directly on the carbon intensity of the energy products used by our customers. This is in-line with our strategy of building a multi-energy company with the ambition to get to net zero by 2050 together with society.”
Dietmar Siersdorfer, Managing Director Middle East and UAE, Siemens Energy, said, “Green hydrogen has a vital role to play in the decarbonization of many industries, with the aviation sector presenting an excellent opportunity. With deep expertise in electrolyzers and plant integration we understand that collaboration is vital to success. We’re excited to have a longstanding and strong partner such as TotalEnergies bring its expertise to help accelerate this landmark project.”
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said, “Today’s signing and the participation of TotalEnergies as a co-developer represents a significant step forward for this exciting project. The demonstrator plant will help to establish the commercial viability of green hydrogen as an essential decarbonized fuel of the future, and will support Abu Dhabi’s development as a green hydrogen hub. While the hydrogen market is still at a comparatively early stage, we firmly believe that by working together with international partners on projects such as this, we can help the hydrogen market develop its full potential and it will really take off in the years to come.”
Masdar announced ahead of ADSW 2021 last year that it was collaborating with Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation on the demonstrator plant initiative. Having joined the initiative, the aim now is that TotalEnergies will offer its expertise in SAF production, offtake and supply the partner airlines .
Since January 2021, the partners in the initiative have completed a range of evaluations on technology suppliers, feasibility studies and conceptual designs, while working closely with regulators on compliance issues. The aim is to proceed to the front end engineering design (FEED) stage later this year.
By leveraging their respective areas of expertise across the energy spectrum, and their local and global market reach, the co-developers believe that the demonstrator project can pave the way to commercial production of SAF, helping to reduce production costs and making it commercially viable.
National Energy Services Reunited Corp. (“NESR” or “the Company”) (NASDAQ: NESR) (NASDAQ: NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, has announced that the company has secured a sustainability-linked loan (SLL) with HSBC Bank Middle East – the first SLL of its kind within the MENA Oilfield Services (“OFS”) sector.
The loan terms are linked to three key performance indicators (“KPIs”) that are tied to the following environmental, social, and governance (ESG) indicators, and will be tracked within the agreement span:
- Environmental – Wastewater Reduction: NESR has set ambitious targets to reduce water waste, which incorporates both water stewardship in traditional OFS product lines and in water treatment projects within the newly formed ESG Impact segment.
- Social – HSE Training: NESR will drive growth in employee health, safety & environment (“HSE”) training hours, which underpins the company’s strategy of MENA localization and the empowerment of talent within the region. Training growth is also expected to enhance the safety, quality, and reliability of NESR service delivery.
- Governance – Supplier Compliance: NESR will increase its network of local suppliers that qualify with the Company’s supplier governance policies. This not only aligns with MENA localization efforts but also should improve the durability and flexibility of the NESR supply chain.
In addition to the quantitative KPIs above, NESR has also pledged to establish a formal company carbon reduction strategy. As part of its inaugural ESG Report and broader decarbonization strategy, NESR is currently evaluating a Science-Based Target initiative (“SBTi”) and expects to finalize targets in the coming year.
“As the National Champion of MENA, we are proud to be the first of our MENA-centric oilfield services peers to enter into an ambitious, sustainability-linked loan of this type with our valued partner lenders,” said Sherif Foda, Chairman of the Board and Chief Executive Officer of NESR. “The loan also underscores our commitment to action, not just talk, within the broader framework of upstream decarbonization and energy transition. Our participation and conversations at the recent regions high level conferences punctuate the fact that all serious players in the energy value chain are moving quickly to drive the industry forward into a cleaner, more sustainable paradigm. These efforts not only encompass additional commercial opportunities, like we are seeing across our emerging ESG Impact segment, but also include internal efforts to bolster the Company internally across the E, S & G areas.”
Dan Howlett, Regional Head of Commercial Banking, HSBC Middle East North Africa and Turkey, said: “HSBC is delighted to work with NESR on this sustainability linked loan, the first of its kind in MENA. HSBC is prioritising financing and investment that supports the transition to a net zero global economy, and NESR’s ESG ambitions – as this transaction shows – dovetail with our financing commitments and expertise.”
HSBC globally has committed to align its financed emissions – the carbon emissions of its portfolio of customers – to the Paris Agreement goal to achieve net zero by 2050 or sooner. To support customers in their transition to lower carbon emissions, HSBC aims to provide up to US$1 trillion of financing and investment globally by 2030.
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About National Energy Services Reunited Corp.
Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 5,000 employees, representing more than 60 nationalities in over 15 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Hydraulic Fracturing, Cementing, Coiled Tubing, Filtration, Completions, Stimulation, Pumping and Nitrogen Services. The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services.
Source: Zawya
