Summary of Oman-Based Marafiq Recognized For Pioneering Sustainability Initiatives With Two Awards At Sustainability Innovation Awards 2024 | Entrepreneur

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    Marafiq's Sustainability Success in Oman

    Marafiq, an OQ company affiliated with the Oman Investment Authority, has been recognized for its exceptional commitment to sustainability and energy efficiency in Oman. The company has won the Energy Efficiency Excellence Award at the Sustainability Innovation Awards 2024, while its Managing Director, Abdullah Al Hashimi, was named Sustainability Leader of the Year. These accolades highlight Marafiq's significant contributions towards advancing sustainable practices and achieving Oman Vision 2040 goals.

    Leading the Way in Oman's Green Transition

    Marafiq's sustainability efforts are aligned with Oman's Net Zero 2050 ambitions, aiming to promote sustainable development and transition towards a low-carbon economy. The company has implemented innovative green energy initiatives, such as:

    • Phasing out diesel-powered plants
    • Integrating solar panels
    • Installing efficient equipment
    • Utilizing pressure energy exchangers for significant power consumption and emissions reduction

    Focus on Energy Efficiency and ESG in Duqm

    Marafiq's commitment to sustainability is particularly evident in its operations at the Special Economic Zone at Duqm (SEZAD), a key industrial and logistics hub in Oman. The company has implemented several energy-efficient measures, including:

    • Pressure energy exchangers at the Marafiq RO Plant in Duqm, reducing power consumption by 57.75% and lowering the specific energy required for water production.
    • Efficient electrical equipment and solar panel installations at the DPC Plant.

    These initiatives are crucial for supporting Duqm's sustainable development, especially considering its arid climate and limited rainfall.

    Marafiq's Commitment to Oman Vision 2040

    Marafiq's success in Duqm exemplifies its dedication to creating a green economy that aligns with Oman Vision 2040. As Duqm grows in prominence as a global industrial hub, Marafiq is committed to promoting sustainable development in the region.

    Abdullah Al Hashimi's Sustainability Leadership

    Abdullah Al Hashimi, Managing Director at Marafiq, has been recognized for his outstanding leadership in promoting sustainability practices and driving Marafiq's commitment to reducing carbon footprints. His leadership has been instrumental in the company's strategic growth and operational efficiency, ensuring that Marafiq's operations are both efficient and sustainable, in alignment with Oman Vision 2040.

    Marafiq's Role in Duqm's Sustainable Future

    Marafiq's efforts in Duqm demonstrate the company's dedication to supporting Oman's sustainable development goals. The company's water and energy conservation initiatives are crucial for ensuring the long-term sustainability of this vital industrial hub.

    Key Takeaways

    Marafiq's success in Oman underscores the importance of sustainability and energy efficiency in achieving national development goals. The company's commitment to implementing green energy initiatives, adopting ESG principles, and supporting community initiatives sets a strong example for other companies in Oman and beyond.

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