This significant accomplishment reflects the company’s dedication to sustainability and corporate responsibility while highlighting its firm commitment to conducting business in an environmentally and socially responsible way.
The Lebanon ESG Stewardship Program was launched with the support of the Trade and Investment Facilitation (TIF) project, funded by the United States Agency for International Development (USAID), to help Lebanese companies adopt international business standards, hence giving them a competitive edge and making them more attractive to investors.
During an event held at the company’s headquarters in Beirut, the ESG certificate was presented to ALLCHEM’s CEO, Mrs. Hadia Minkara Safieddine, by Mr. Yasser Akkaoui, CEO of Capital Concept, and Mr. Mark Rostal, TIF project’s Chief of Party, in the presence of ALLCHEM’s staff and directors.
In her speech, Mrs. Safieddine stated, “We are thrilled to have achieved our ESG certification, which honors the hard work and dedication of our entire team, the true driving force of our ESG policies.” She further added, “This certification marks a significant milestone for ALLCHEM and a proud step in our sustainability journey.” Mrs. Safieddine stressed the “high value of this certification, as it will allow ALLCHEM to enhance its performance in terms of carbon footprint, employee engagement, and ethical business practices, while building a sustainable future for all.” She concluded by saying that “ALLCHEM will continue its efforts to drive positive change in its industry and beyond, consolidating its positioning as a leader in sustainability and corporate responsibility.”
The ESG certification is based on strict standards and criteria, evaluating a company’s performance in environmental stewardship, social responsibility, and corporate governance. By earning this certification, ALLCHEM demonstrates its adherence to high standards of transparency, accountability, and ethical behavior in these areas.
To achieve ESG certification, ALLCHEM was guided through the process of creating and implementing structured ESG policies by Capital Concept, with the support of USAID’s TIF. These policies included a health and safety policy covering working conditions, emergency plans for all departments, protection from hazards, as well as a waste management policy encompassing plastic recycling, hazardous waste disposal, and finally a responsible purchasing policy, among others.
About the company: ALLCHEM is a global supplier and technical distributor of chemicals for various industries such as paints, detergents, cosmetics, plastics, and more. The company provides a wide range of services, including logistical support, premium quality products, and technical services. It is based in Lebanon and operates in various markets such as West and Central Africa as well as in France.