INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus

INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus
INDEVCO’s CEO Advances the Race to Sustainability with Energy in Focus

Energy optimization takes center stage at GLC 2024.

INDEVCO kicked off its Group Leadership Conference (GLC) 2024 with a powerful affirmation of its race to sustainability. The goal for the year is: Energy in Focus.

In his opening speech, Chairman CEO Neemat Frem, underlined the pivotal role energy plays in achieving operational efficiency, cost-effectiveness and long-term resilience, while emphasizing the significance of geo-energy and the pressing need to align with global trends in renewables.  

Frem also set the tone for the group’s initiatives by outlining the priorities to guide INDEVCO in the coming years: Data Processing & AI, Product Development & Recyclability and Succession Planning.

Addressing the challenges of today and tomorrow, Frem stated, “We focused on energy, because truly, these days it’s clear how energy is a moving target and our race to sustainability is an ‘offense’ approach that pushes us further to optimize our operational efficiency and ensure competitiveness

We as a group, have been trained in the hardest places on Earth: in Lebanon where energy costs are extremely high. However, we thrived by thinking outside the box. By moving from traditional energy sources to alternative solutions like solar energy and biomass, we not only managed our immediate energy needs but also generated a long-term competitive edge. Leveraging our know-how, our DNA, globally will enable us to create value and stay ahead of the curve.”

Regarding global trends and future actions, our CEO indicated, “As the energy landscape continues to shift, with advancements in LNG and solar power, we should remain committed to harnessing our expertise in energy conservation. This requires us to consider energy measurement tools, kW/ton indicators, geography, and linkage between member companies and the mother ship.”

Held at Bethania, Harissa, the annual gathering spotlighted success stories from across the group showcasing innovative strategies and achievements. Speakers included INDEVCO Trading & Supply Chain Managing Director, Mr. Pierre Akl, Division Brand Development Senior Manager at Sanita, Ms. Hiba Al Darzi and R&D Director at Sanita, Mr. Youssef Fakieh (jointly), Talent Senior Manager at INDEVCO, Mrs. Carole Abdel Massih, and Phoenix Technology General Manager, Mr. Fadi El Chiti

Despite difficult times, GLC 2024 stood as a testament to INDEVCO’s purpose-driven leadership and its determination to move forward through energy. With a clear vision for 2025, the group gears up for its journey towards a more sustainable and productive future.

Watch GLC 2024 Video

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