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GFG Alliance has appointed the board following the consolidation of its businesses into three industry brands; LIBERTY Steel Group, ALVANCE Aluminium Group and SIMEC Energy Group, as it continues its drive to improve governance, transparency and independent advisory structures across the group.
Seventeen experts across industry, politics, economics and law have been appointed to the board and will help shape GFG Alliance’s strategy to transform industrial manufacturing and become carbon neutral by 2030 (CN30).
The board will be divided into five regional sub-groups – reflecting GFG Alliance’s key markets in Australia, India, continental Europe, the UK and the Americas – which will meet four times a year. The full board will meet annually under the Presidency of Mark Elborne, former CEO and president, GE UK and Ireland, and hold informal group discussions each month.
“The Global Advisory Board’s depth and breadth of expertise will be enormously valuable to GFG Alliance’s future by providing independent strategic advice and guidance particularly as we reinforce our commitment to environment, social and governance [ESG] and continue to improve transparency across the group," said GFG Alliance''s executive chairman, Sanjeev Gupta.
“We’re delighted to have made a great start in securing high-quality members who will guide us on best practice and in meeting our industry-leading target of becoming carbon neutral by 2030. We will be building out the Board’s expertise further and look forward to welcoming new members,” Gupta added.
Mark Elborne, president of the Global Advisory Board, said that the GFG Alliance’s vision of modernising manufacturing processes with low carbon technologies and renewable power was ''enormously exciting''.
"The members of the Global Advisory Board are committed to help the company set a strong ESG framework, deliver on its strategic goals, and achieve its ambition to be carbon neutral by 2030.”
For details of those who make up the Global Advisory Board, visit www.gfgalliance.com and search for ''Global Advisory Board''.
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