Page 19 - MARAFIQ PR REPORT - SEPTEMBER 2024

9/11/24, 11:49 AM Marafiq recognised for pioneering sustainability initiatives with 2 awards at Sustainability Innovation Awards 2024 - Middle East Bu…
Marafiq recognised for pioneering

sustainability initiatives with 2 awards at

Sustainability Innovation Awards 2024

September 10, 2024 10

Reinforces Commitment to Sustainability with Green Initiatives in Duqm, Supporting Oman’s

‘Vision 2040’ and Net Zero 2050 Goals.

Company’s cutting-edge Reverse Osmosis Plant reduces Power Consumption by 57.75 per

cent, significantly reducing emissions and operational costs.

Oman,September 2024: Marafiq, an OQ company affiliated with the Oman Investment Authority,
has won the ‘Energy Efficiency Excellence Award’ while its Managing Director Abdullah Al
Hashimi was named ‘Sustainability Leader of the Year’ at the Sustainability Innovation Awards

2024. The awards, organised by BNC Publishing in Dubai, highlight Marafiq’s ongoing dedication
to advancing energy efficiency and sustainability in line with Oman Vision 2040.

The accolades underscore Marafiq’s leadership in environmental stewardship and its
comprehensive Environmental, Social, and Governance (ESG) strategy. A key component of this

strategy includes pioneering green energy initiatives, such as phasing out diesel-powered plants.
These efforts are aligned with Oman’s Net Zero 2050 goals and aim to support the country’s

transition towards a low-carbon economy while promoting sustainable development.

Marafiq has implemented several innovative energy efficiency measures, such as utilizing

pressure energy exchangers, which significantly reduces power consumption and emissions us.
By integrating solar panels and installing efficient equipment, the company has further enhanced

its sustainable development goals.

Abdullah Al Hashimi, Managing Director at Marafiq, said, “Sustainability is at the core of all our

operations at Marafiq, extending beyond just providing best-in-class integrated utility solutions.
Our success in Duqm further exemplifies Marafiq’s commitment to creating a green economy, in

line with Oman Vision 2040. As Duqm’s prominence as a global industrial and logistics hub
grows, we will continue to promote sustainable development in the region by implementing eco-
friendly practices. We are honoured to set an exemplary precedent for sustainability in the

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