GWC Named Sustainability Leader by Forbes Middle East

October 03, 2024

Abdulla Bin Fahad: Commitment to sustainability strengthens our brand power and impact

Integrating ESG Principles into our business model

Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – has achieved a new milestone, ranking ninth regionally in the transport and logistics category on Forbes Middle East’s Sustainability Leaders 2024. The prestigious list recognizes 105 companies leading impactful sustainability initiatives across the region.

Shaikh Abdulla Bin Fahad Bin Jassim Bin Jaber Al Thani, GWC Group Managing Director, said: “This recognition underscores GWC’s steadfast commitment to environmental, social, and governance (ESG) standards and highlights the success of our sustainability efforts. Our strategy encompasses integrating ESG principles into all aspects of operations, aligning with Qatar’s Third National Development Strategy (2024-2030), Qatar National Vision 2030, the National Environment and Climate Change Strategy, and the United Nations Sustainable Development Goals (SDGs).”

He noted: “GWC’s dedication to sustainability positively reinforces the brand power and impact, further enhancing our presence in regional markets. Being recognized among Middle East’s Sustainability Leaders serves as a testament to our unwavering commitment to providing the best logistics solutions and sustainable supply chain, in line with Qatar National Vision 2030. Key initiatives include collaboration with Biobin to convert organic waste into fertilizer, which in turn is donated locally, beach clean-ups, tree planting, recycling wooden pallets, energy and water conservation, paperless processes, vehicle route optimization, reduce-reuse-recycle initiatives, energy conservation (including natural and energy-saving lighting initiatives), and resource consumption optimization. Notably, GWC’s Regional Logistics Hub in Ras Bufontas Free Zone was developed in accordance with the GSAS standard.”

He added: “GWC is committed to sustainability, striving to foster environmental awareness within the community while integrating best practices in sustainability and social responsibility into our business model. Recently, the company joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative, aligning itself with over 23,000 companies from 166 countries worldwide committed to promoting responsible business practices and SDGs.”

The list spans 12 major corporate sectors, with rankings based on a detailed assessment of each company’s sustainability efforts. Forbes Middle East compared initiatives within each sector, factoring in ESG reporting, greenhouse gas emissions, waste management, water and energy usage, and the adoption of renewable energy and energy-efficient technologies. Only initiatives led by companies in the Middle East were considered. In the second edition of the Middle East’s Sustainability Leaders, Forbes presents companies and leaders involved in moving the region closer to achieving its sustainable agenda through promoting sustainable goals, cultivating regional collaboration, and embracing innovative initiatives, aiming to redefine the future.

In addition to its commitment to sustainability, GWC has been at the forefront of the logistics industry, offering a comprehensive range of services that include freight forwarding, contract logistics, project logistics, and supply chain solutions. Through its state-of-the-art facilities, strategic partnerships, and robust infrastructure, the company supports both economic development and provides seamless, efficient logistics solutions across various industries.

GET TO KNOW
GWC’s EGM Approves the Establishment of a QAR 2 billion Sukuk Program
December 2024
GWC’s EGM Approves the Establishment of a QAR 2 billion Sukuk Program
•Sheikh Mohammed Bin Hamad: Diversifying funding sources and boosting business agility •Sheikh Abdulla Bin Fahad: Expansion strategy is underpinned by strategic partnerships Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – announced that its Extraordinary Assembly General Meeting, held on Tuesday, 10 December 2024, approved the establishment […]
GWC Sponsors 3rd Supply Chain Management Conference
December 2024
GWC Sponsors 3rd Supply Chain Management Conference
•Sheikh Abdulla Bin Fahad: Logistics is a major element of Economic Growth •Logistics plays a key role in building a competitive, resilient, and diversified economy •Agile supply chains are essential to withstand challenges Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – has announced its participation as […]
GWC and Offshore Fabrication Company Ink MoU to Develop 100,000 Sqm at Ras Al-Khair Port in KSA
November 2024
GWC and Offshore Fabrication Company Ink MoU to Develop 100,000 Sqm at Ras Al-Khair Port in KSA
•Matthew Kearns: We aim to expand regionally through strategic partnerships •Fahhad Alharbi: Providing world-class supply chain solutions and services Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – announced that its wholly owned subsidiary, GWC Energy Services, has signed a Memorandum of Understanding (MoU) with Saudi Offshore […]
GWC Wins Best Water Recycling Initiative Award
November 2024
GWC Wins Best Water Recycling Initiative Award
•Pioneering environmental sustainability solutions with TSE Water being used to irrigate plants and trees •Recycling up to 119,197 m3 of water each year at the Sewage Treatment Plant Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – has been announced winner of the Best Water Recycling Initiative Award […]
GFH and GWC Join Forces to Expand Grade ‘A’ Logistics Infrastructure Across Key Trade Hubs in Saudi Arabia
November 2024
GFH and GWC Join Forces to Expand Grade ‘A’ Logistics Infrastructure Across Key Trade Hubs in Saudi Arabia
GFH Financial Group (GFH) B.S.C, a leading financial institution with a strong focus on the logistics sector, has signed a head of Terms with Gulf Warehousing Company (GWC), one of the GCC’s top logistics providers. The collaboration will see GFH power GWC’s expansion plans by developing 200,000 square meters of Grade ‘A’ logistics facilities across […]
GWC Reports Nine-Month Net Profit of QR147mn
October 2024
GWC Reports Nine-Month Net Profit of QR147mn
•Sheikh Mohammed Bin Hamad: We are committed to creating long-term value for clients and shareholders •Sheikh Abdulla Bin Fahad: Implementing a diversification strategy within our investment portfolio •Ranjeev Menon: Prioritizing profitability, business growth, innovation, and sustainability Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing businesses in the MENA region, announced its financial results […]
GWC Named Sustainability Leader by Forbes Middle East
October 2024
GWC Named Sustainability Leader by Forbes Middle East
• Abdulla Bin Fahad: Commitment to sustainability strengthens our brand power and impact • Integrating ESG Principles into our business model Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – has achieved a new milestone, ranking ninth regionally in the transport and logistics category on Forbes Middle […]
GWC Supports Qatar Billiard Sports Federation
October 2024
GWC Supports Qatar Billiard Sports Federation
•Matthew Kearns: Committed to solidifying Qatar’s position as a global sports leader •Mohammed Al Ramzani: A shining example of private sector companies stepping up to support sport Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has officially signed a one-year sponsorship agreement with the Qatar Billiard Sports […]
GWC Wins ‘Industrial Project of the Year’ for Al Wukair Logistics Park
September 2024
GWC Wins ‘Industrial Project of the Year’ for Al Wukair Logistics Park
• Abdulla Bin Fahad: A successful public-private partnership model aligned with the National Development Strategy. • Ranjeev Menon: A prestigious international recognition that reinforces our leadership in logistics and drives us to continue delivering         excellence. Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has […]
GWC Receives Recognition from the General Authority of Customs
September 2024
GWC Receives Recognition from the General Authority of Customs
•Ranjeev Menon: A testament to our leadership in the logistics industry and a driving force for superior service. •A comprehensive strategy to enhance performance with top supply chain standards implemented locally and internationally. Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has been honoured by the General […]