See total ranking

Elsewedy Electric

Elsewedy Electric is an Egyptian multinational company founded in 1938 by the Elsewedy family. It operates in five key business areas: wire, cable & accessories; electrical products; engineering & construction; digital solutions and infrastructure investments. It has a strong presence in 19 countries, including Algeria, Egypt, Indonesia, Pakistan, Qatar and Tanzania, with 31 production facilities across Africa, Asia and the Middle East. Its projects include the supply, installation, testing and maintenance of energy distribution networks in Egypt, Ethiopia, Ghana, Rwanda and Sudan. In 2023, Elsewedy ranked 4th in the Forbes Top 50 Listed Companies in Egypt.

Summary

Elsewedy Electric reports on numerous sustainability topics but has potential to strengthen its performance. The company discloses its sustainability strategy, which includes action plans and targets covering greenhouse gas (GHG) emissions, water withdrawal, innovation, circular economy and diversity and inclusion. The company can further strengthen its sustainability governance by reporting progress against all its targets and linking them to executive remuneration plans to make sustainability consequential to the business.

Elsewedy Electric reports the proportion of water withdrawals from water stressed areas, and its water and wastewater management procedures, which are part of the group-wide environmental and social management system. However, the company’s reported data on other topics such as energy efficiency and GHG emissions does not cover all of its operations, making it difficult to evaluate its full impact on the environment.

In relation to social topics, Elsewedy Electric discloses its goal to reduce energy bills using new digital technology, and its commitment to respect human rights. However, it does not yet report on the affordability of its services or disclose its process to identify and mitigate salient human rights risks, showing a gap in moving from commitments to action.

Ranking position: #55 /300
Total score: 21.8 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 16.7 /100	#55
Inclusive Cities	#1 35.0 /100	#37
Healthy Cities	#1 11.7 /100	#66
Climate Proof & Resilient Cities	#1 6.7 /100	#125
Core Social Indicators	#1 38.9 /100	#19

Industries
Energy distribution	#18

See full scorecard of Elsewedy Electric

Download scorecard

More about the company

Headquarters: Egypt
Ownership structure: Private
Revenue: USD 4,810 billion (2022)
Number of employees: 18681 (2022)
Website: https://www.elsewedyelectric.com

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000