Mubasher: As part of its undergoing mission to support promising sustainable startups, Agility Public Warehousing has invested $18 million in green supply chain technologies through its venture arm Agility Ventures, according to a press release on Tuesday.
The new deal came in light of Agility’s new success to keep record of science-based targets for reducing greenhouse gas emissions, according to the press release. By 2025,
Agility plans to cut 25% of its emissions, hence, implementing renewable energy pilots worldwide and building facilities as per green standards. The said new implementations will further strengthen Agility’s warehousing and light industrial facilities blueprint across the Middle East and Africa.
As a successful enterprise, Agility adequately incorporates sustainability into business, while Agility Ventures has further added green technologies to its four core investment areas.
Agility’s Chairwoman Henadi Al Saleh commented, “Green technology is a major focus of our investment strategy, and we’re always on the lookout for dynamic new businesses that can revolutionize the supply chain to help protect the planet.”
Meanwhile, the CEO of the dual-listed company Tarek Sultan remarked, “Our community outreach program has helped more than 1.6 million people in need and we’ve supported the education of over 36,000 students around the world in the last three years.”
He further added, “In partnership with the humanitarian community, Agility has donated logistics expertise and services to more than 45 major humanitarian operations in countries ranging from Indonesia to Peru. Agility’s investments in the environment are the company’s new frontier.”
It is worth noting that Agility is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).
