The non-profit organization’s financial resources development forum held at the Art Rotana Hotel in the Kingdom of Bahrain, from October 05, 2019 to October 06, 2019. The participants from various nationalities attended the forum from non-profit organizations, their work mechanism and modern investment strategies, and the development of resources for non-profit organizations.
The forum included workshops and discussion sessions, in addition to a presentation of the practical experiences of non-profit organizations, as well as seven different scientific papers for the non-profit sector. The event has significant importance as it discussed the current situation of non-profit organizations across the globe.
The proposed strategy presented by Alkadi Capital was based on the diversity in the distribution of investments among various investment instruments and the diversity of investment mechanism, as well as appropriate geographical diversity, similar to the best modern mechanisms of investment, which suit different sizes of endowments, especially medium and small ones.
Alkadi Capital has been honoured to participate in the forum, based on its long-standing investment experience spanning over more than 10 years in Kingdom of Saudi Arabia, and its excellence in providing investment and advisory solutions to several endowments in the Kingdom of Saudi Arabia. Alkadi Capital is pleased to provide several advisory services to these organizations in order to achieve the noble community goals based on the corporate social responsibility of Alkadi Capital towards the community.
Water Conservation and Reuse
Water scarcity is a critical global concern, with resource-intensive sectors like steel production playing a central role in exacerbating water consumption. Fabrik has taken decisive action to address this issue by prioritizing water conservation. The company has acknowledged the imperative to curtail its reliance on freshwater sources and safeguard the integrity of local water resources.
Fabrik has embarked on a path of innovation by deploying cutting-edge water treatment technologies that enable the recycling and reuse of water throughout its manufacturing operations. This forward-thinking strategy has substantially reduced water consumption and has concurrently diminished effluent discharge. As a result, the company has made significant strides in preserving nearby water bodies and ecosystems.
Community Engagement and Social Initiatives
Fabrik’s commitment to sustainability extends beyond its environmental initiatives, as the company actively engages with local communities to address their unique needs and concerns. This engagement takes the form of various social initiatives encompassing education, healthcare, and skill development programs aimed at benefiting the neighboring communities. By empowering the local population, Fabrik substantially contributes to the overall socio-economic development of the regions in which it operates.
Fabrik’s sustainability efforts exemplify its dedication to reducing its environmental impact while consistently delivering high-quality steel products at competitive prices for metal sheet roofing and hot rolled coils in India. The company establishes an admirable benchmark for the steel industry and other manufacturing sectors to emulate through initiatives focused on energy efficiency, water conservation, waste reduction, and biodiversity preservation.
In a world grappling with pressing environmental challenges, enterprises like Fabrik Steel serve as a reminder that adopting sustainable practices is not only possible but also economically viable. It’s worth noting that Fabrik NeoSteel has achieved GreenPro Certification, indicating their commitment to choosing sustainable products, materials, and technologies for the construction, operation, and maintenance of their buildings and factories. By integrating environmental stewardship into their business models, corporations can play a pivotal role in forging a more sustainable and resilient future for future generations. We can effectively address environmental issues and work together to create a better planet for all through collective efforts.
“For over 120 years, we have been at the forefront of steel industry innovation. Today, our dedication lies in spearheading the path to a sustainable future for steel and steel manufacturing. Together, we forge a greener and more sustainable tomorrow.”
Water Conservation and Reuse
Water scarcity is an urgent global concern, and industries with high resource demands, like steel production, significantly contribute to water consumption. Fabrik has taken proactive steps to prioritize water conservation, acknowledging the imperative to minimize its reliance on freshwater sources and safeguard local water resources.
Fabrik has embraced cutting-edge water treatment technologies to recycle and reuse water within its manufacturing processes. This innovative approach has yielded substantial reductions in water consumption and a simultaneous decrease in effluent discharge. As a result, the company has made commendable strides in preserving nearby water bodies and the ecosystems they support.
What do you think?
The amount of funding they secured is impressive, and it’s great to see that they have the support of investors to help them bring their vision to life. This financing will surely help them to accelerate the development of Big River 2 and make it a success.