+(968) 2444 3100
info@omancables.com
Muscat, Sultanate of oman
Sustainability at Oman Cables Industry
Sustainability at our Core, Impact in our DNA
- We have reduced hundred tons of carbon emissions in our Operations through our Energy Efficiency projects
- We have recycled and re-used more than hundred metric tons of PVC contributing to the Green Circular Economy
- We have moved energy through more than 5,700 kms of Innovative products
- We have supported each Employee with 22 hours of training in average in Professional Development
- We have launched 9 programs supporting our local communities
Our Sustainability Vision
Sustainability stands as the cornerstone foundation of our strategy and vision, embedding Sustainability across all levels of our business operations, reflecting our dedication to a responsible and forward-looking approach within the Country.
Our Sustainability Journey
We are committed to proactively managing risk stemming from economic, environmental and social factors, ensuring a sustainable approach for the long term. This involves safeguarding the lands on which we operate in, developing talent and contributing to the well-being and professional development of our People, aspiring to create an environment where diversity can flourish by offering equal opportunities to our Stakeholders and enumerating solutions for the needs of societies while providing concrete contributions to the local community.
Our Four Ambitions:
- Climate Change Ambition
- Social Ambition
- Innovation Ambition
- Role Model Ambition
Our ESG Priorities
ENVIRONMENT
GOVERNANCE
SOCIAL
INNOVATION
ESG Reporting
We voluntarily disclosed our results of the MSX ESG Disclosures 2023. This initiative reflects our transparency as well as our alignment with the global best practices and standards.
By disclosing our Environmental, Social and Governance Performance, we aim to enhance our Stakeholder Engagement, improve our Risk Management and create long-term value for our Employees, Customers, Distributors, Suppliers, and Local Communities.
Our ESG Results are disclosed in the MSX Platform which is accessible to all our Stakeholders.
Our first Sustainability Report is a representation of our sustainability performance in 2023 towards our targets which showcases not only our achievements but also the challenges in pursuing our Environmental, Social and Governance goals.
We are committed to driving positive change through Sustainability. We invite you to read the full report for more details.
Corporate Social Responsibility (CSR)
Our commitment extends beyond our products and services. Through our CSR program, we actively contribute to the betterment of society, particularly focusing on those who are less privileged. Here’s how we are making a difference:
Sustainability Organization
We have a robust Sustainability Organization Structure to ensure we meet our Sustainability goals and commitments. The CEO is the sponsor of our Sustainability Organization, which oversees the implementation of our Sustainability strategy and initiatives.
The Sustainability Steering Committee provides guidance and direction to the Sustainability Organization, and monitors progress and performance of our Sustainability efforts.
We have Six Working Groups that are responsible for executing projects and creating awareness related to our Sustainability Framework: Net-Zero, Circularity, Innovation, Value Chain, Sustainable Finance and Sustainable HR.
Our Sustainability Engagement
At Oman Cables, we are promoting sustainability in all aspects of our business. That is why we offer dedicated trainings related to Sustainability to our employees conducted online and in person.
Through these courses, we aim to raise awareness of the environmental and social impacts of our operations, and to equip our staff with the skills and knowledge to implement sustainable practices in their daily work.
We believe that by investing in our employees’ learning and development, we can foster a culture of sustainability that benefits our Company, our Customers, and our Planet.
Sustainability & Innovation Days
We proudly celebrate Sustainability Day and Innovation Day, an annual event dedicated to fostering collaboration and alignment among all our Stakeholders on our Sustainabiltiy journey. These days are filled with engaging activities and discussions that highlight our commitment to environmental stewardship, social responsibility and innovative practices.
Climate Change Ambition
Climate and environment aspects are considered at the core of the operations of Oman Cables. There has been a structured focus and a clear strategy at Oman Cables towards sustainability and reducing the environmental impact of its operations.
The journey started with behavioral aspects in terms of energy saving and being environmentally cautious with an elevated focus on projects and investments.
*Prysmian is committed to reducing its Scope 1 and 2 GHG emissions – in absolute terms – by 47% and Scope 3 emissions – in absolute terms – by 28%, compared to the emissions recorded in the year 2019, by 2030.
Regarding long-term targets (net zero), the Group is committed to reducing its Scope 1 and 2 GHG emissions – in absolute terms – by 90% by 2035, compared to the emissions recorded in the year 2019; it is also committed to reducing its Scope 3 emissions – in absolute terms – by 90% by 2050.
The efforts made by the company to reduce its emissions are already showing promising results. In 2023, Prysmian announced that it was ahead of its decarbonization targets, anticipating – on Capital Markets Day – as early as 2027 a -45% reduction in Scope 1 and 2 emissions, and a -23% reduction in Scope 3 emissions.
Based on this commitment and in line with the SBTi-approved net-zero trajectory, Prysmian decided in January 2024 to set a goal of achieving a percentage reduction in Scope 1 and 2 emissions of between -55% and -60% in 2030, as compared to -47% approved by SBTi. This target represents the Group’s further commitment to the process of decarbonizing its operations by implementing internal solutions and processes that further limit its impact on the environment.
Social Ambition
We are setting goals to achieve by 2030 in Social Sustainability, focusing on enhancing diversity and inclusion, promoting digital access, empowering local communities, engaging employees, and providing upskilling opportunities. Maximizing the skills and knowledge of our people is fundamental to our long-term strategy. In alignment with Prysmian and Oman Vision 2040, we are evolving as an organization that values diversity, inclusion, equitable treatment, and gender equality across all levels.
We are promoting programs to expand digital inclusion for all employees and eliminate discrimination by role or position. Our policies and actions attract talent and ensure human resource development through training, mentoring, wage policies, career plans, and well-being initiatives. We prioritize health and safety in the workplace, aiming for zero injuries, and support local communities through various projects, sponsorships, and donations to create a positive impact
SAFETY IS OUR PRIORITY
Our People
The backbone of our company our employees. Every workstation and every process follow the safety instruction. We have also set up dedicated helplines and feedback mechanisms to ensure that safety concerns, if any, are addressed promptly and effectively.
6S and Zero and Beyond
Safety, for us, is not a destination but a journey. Our 6S/Zero and Beyond initiatives are a testament to this philosophy. Zero & Beyond is a commitment to make our lives safer and guarantee safety in every single moment of everyday life, from the workplace to the community. A way to engage our employees in health & safety is our most important core values.
Zero & Beyond approach is founded on the belief that human life and health have value above all else. That is why at Oman Cables, we believe that all accidents are preventable and leading safety improvement is everyone’s responsibility. Demonstrate with real work in the factory about how we care about our people and their families by Implementing Safety in all aspects of the work. We are constantly pushing the boundaries, setting higher safety benchmarks, and ensuring that every employee, contractor, and stakeholder is safe
Safety Events
Our commitment to safety isn’t just an internal memo: it is a concrete priority. Events like our First Sustainability Day in 2022 are platforms where we not only showcase our safety milestones but also engage with the larger community and sharing best practices.
Safety Week
We participated in the annual Safety Week organized by Prysmian Group, a platform to raise awareness and the culture of Safety among all Stakeholders. The event consists of various activities such as trainings sessions, workshops, audits, inspections and campaigns that focus on different aspects of Safety. During the Safety Week, we reinforced the importance of Safety as a core value and a shared responsibility for everyone in the Organization. We have also celebrated our achievements and best practices in Safety that have been implemented throughout the year.
We were audited by Ramboll Group in 2023 and we have received a score of 4.33/5.
DIVERSITY, EQUITY AND INCLUSION
Oman Cables is a diverse company with over 10 nationalities, languages, and cultures represented. We are committed to creating a culture of belonging and respect, where everyone can thrive and contribute to our Social Ambition. By fostering a diverse and inclusive workforce, we value different perspectives and experiences, recognizing that diversity is both a moral duty and a business advantage that drives innovation and growth.
To ensure equal opportunities and access to resources, we invest in various initiatives and programs promoting Diversity, Equity, and Inclusion (DE&I). Together with Prysmian Group, we have launched the DE&I Local Partner network and established a local DE&I committee to implement actions and monitor progress. We also provide training on unconscious bias, cultural intelligence, and allyship, and encourage dialogue through surveys, focus groups, and events.
Innovation Ambition
OUR INNOVATION AMBITION
Our strategic partnership with Prysmian Group reinforces our commitment to environmental responsibility and reduction of our carbon footprint. Innovation is a key pillar of Sustainability. Our goal is to innovate and create solutions that are sustainable for our industry and the world.
Innovating in Sustainability is a critical area that holds immense potential for transforming our planet. We are making intentional changes to our products, processes and services to generate long-term social and environmental benefits.
Our Ambition drives innovation by introducing new design constraints that shape how key resources – such as energy, carbon, water, materials and waste – are used in products and processes. Integrating Sustainability into our business strategy, we enhance our profitability and brand value while positively impacting the planet.
Role Model Ambition
At Oman Cables, embedding Sustainability in our daily activities ensures we remain relevant and resilient in an ever-evolving world. Our Role Model Ambition drives us to set the highest standards in the industry, inspiring others through our commitment to excellence. We aim to positively impact the local community and environment, leading by example and fostering
At Oman Cables, embedding Sustainability in our daily activities ensures we remain relevant and resilient in an ever-evolving world. Our Role Model Ambition drives us to set the highest standards in the industry, inspiring others through our commitment to excellence. We aim to positively impact the local community and environment, leading by example and fostering a culture of Sustainability that permeates every aspect of our operations.
By doing so, we not only contribute to a sustainable future but also uphold our responsibility to the society and ecosystems we serve.
Planet, People, Product and Community
Sustainability is reflected in our contributions to the Planet, People, Products and Community.
We strive to minimize our environmental impact by reducing energy consumption, greenhouse gas emissions, and waste generation, while increasing the use of recycled materials.
Our focus on people involves ensuring the health, safety, and well-being of our employees, fostering professional development, and promoting equitable treatment.
Through innovative product development, we deliver high-quality, sustainable solutions that meet the evolving needs of our customers and the market.
Additionally, we actively support local communities by engaging in social initiatives, empowering community development, and enhancing the overall quality of life. Together, these efforts underscore our dedication to creating a sustainable and prosperous future for all.