MSCI’s assessment highlights EMSTEEL’s outstanding efforts in reducing carbon emissions and enhancing occupational health and safety. The company scored nearly double the global average in these categories, demonstrating its commitment to environmental and social responsibility.
This rating follows the company’s announcement of its Green Finance Framework in May 2025—an integral part of EMSTEEL’s long-term ESG strategy. MSCI’s evaluation acknowledges the Group’s innovative initiatives to minimize environmental impact and prioritize the health, safety, and well-being of its workforce.
MSCI ESG Ratings evaluate over 9,000 companies globally, categorizing them based on their management of industry-specific ESG risks into three tiers: “Leader” (AAA, AA), “Average” (A, BBB, BB), and “Laggard” (B, CCC). EMSTEEL’s “AA” rating further reinforces its leading position and strong performance in sustainability on a global scale.
Commenting on the recognition, EMSTEEL Group CEO Eng. Saeed Ghumran Al Remeithi emphasized:
“Our inaugural ‘AA’ ESG rating from MSCI is a powerful testament to EMSTEEL’s commitment to sustainable industrial leadership. This achievement reflects the strength of our governance, the resilience of our people, and our deep-rooted responsibility to the environment and the communities we serve. Aligned with the UAE’s Net Zero 2050 vision, we remain dedicated to delivering long-term value for our shareholders, society, and future generations.”
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