- Geopolitical conflicts, economic fluctuations, and inflation
- Overstocking in the Saudi market and new import regulations causing shipment delays
- Slowdown in the US market due to decreased consumer spending and inflation in the first half of 2023
- Marginal volume decline in the woven segment in Egypt despite revenue increase
Oriental Weavers Carpets Company (S.A.E)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Oriental Weavers Carpets Company (S.A.E) disclosed greenhouse gas emissions of 11.5K -ton CO2eq/year (OWC Scope 1 & 2). By scope: Scope 3: To be included in 2025. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
11.5K -ton CO2eq/year (OWC Scope 1 & 2)
2023
Waste
3.0K tons/year (approximately)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | To be included in 2025 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 9K MWh total energy saved in 2023
- 3K tons reduction in carbon emissions in 2023
- USD 3 million invested across energy-saving projects in 2023
- 10k m3 decrease in water consumption in 2023
- 22k m3 of water recycled in 2023
- Received the Green Collection Award at the Domotex exhibition in Hanover, Germany
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas and carbon emissions by 30% by 2025
- Reduce water consumption by 20% by 2025
- Plant 556k trees by 2025
📅 Medium-term
- Invest in solar power stations with capacities up to 20 MW in the next 5 years
- Fully transition to Ferron R410 air conditioning variant over the next five years (EFCO)
🌱 ESG Focus Areas
SustainabilityEnvironmental ResponsibilitySocial ImpactGovernance