July 07, 2012 Abu Dhabi, United Arab Emirates
Abu Dhabi, United Arab Emirates, July 8th, 2012 – Abu Dhabi Oil Corporation Limited today released details of its third sustainability report, ‘Creating Sustainable Results with Positive Energy’.
The report has been prepared in conjunction with the Global Reporting Initiative (GRI), which has developed comprehensive international guidelines for sustainability reporting. GRI has classified the report as ‘A/GRI Checked’, indicating high levels of transparency and disclosure.
Commenting on the company’s 2011 performance, Abu Dhabi Oil Corporation ’s CEO, Mr Ahmed Ali Al Sayegh said: “We continue to make improvements in our overall sustainability performance and we are working hard to drive sustainability principles to support the economies of the UAE, Qatar and Oman.
“Our focus is on how we can maximize positive economic, social and environmental impacts that help us in our quest to be an effective and responsible partner, neighbour and employer.”
The 2011 report focuses on performance split across four important areas that comprise Abu Dhabi Oil Corporation ’s sustainability framework – sustainability management, economic sustainability, social sustainability and environmental sustainability. The framework captures sixteen ‘sustainability issues’ upon which the company’s performance has been measured.
Highlights from the year include:
“We have a responsibility to being a transparent corporate citizen and ask that our stakeholders continue to make us accountable for our actions so that we maintain our support for sustainable development in the countries in which we operate,” Mr. Al Sayegh added.