June 02, 2014 Abu Dhabi, United Arab Emirates
Abu Dhabi, United Arab Emirates, June 02, 2014 – Abu Dhabi Oil Corporation Limited today released details of its fifth sustainability report, ‘Powered by Performance’, highlighting the company’s commitment to the economy, the environment and society.
Once again, the report has been classified ‘A/GRI Checked’ by the Global Reporting Initiative, indicating high levels of transparency and disclosure, the fifth year running that the report has been graded in this manner.
Commenting on the company’s performance, Abu Dhabi Oil Corporation ’s CEO, Mr. Ibrahim Ahmed Al Ansaari, said: “Last year emphasized the role we played in meeting the requirements of our customers, it highlighted our continued commitment to environmental stewardship and illustrated our commitment to fulfilling a responsibility to supporting the communities in which we operate.”
Notable achievements for the year saw positive developments in the company’s economic, environmental and societal performance. This included the successful negotiation of a gas agreement to help meet customer requirements over the summer months – a period of high demand, secured zero interruption in supply to customers and recorded 99.997% plant availability throughout the year. In addition, the company achieved just under 23 million man hours without a lost time incident (LTI).
Environmental commitments saw the company register a 20% reduction in flaring, a four per cent reduction in total GHG emissions, a 51% reduction in SO2 emissions and a 12% reduction in water consumption.
Community investment contributions crossed the US$4 million mark in 2013 and included the inaugural Abu Dhabi Oil Corporation Doha Dash, a mass community fun run held to mark Qatar National Sport Day and the first of its kind in the country. In addition, the company registered 52% Emiratization and 29% Qatarization levels.
Abu Dhabi Oil Corporation accepted more awards in 2013 including the Crystal Award in the field of ‘Training and Development’ at the QP Qatarization Annual Review Meeting and 2nd Runner Up in the Corporate-NGO Collaboration Category at the Arabia CSR Awards.
In 2013, the company further incorporated the principles of sustainability into its management system with the development of a sustainability management plan and policy.
“The policy sets out five strategic objectives to focus our approach – we strive to put our people first, operate with excellence, create value, protect the environment and become a better corporate citizen. This will drive our performance in 2014 and in the years ahead,” Mr. Al Ansaari concluded.
Copies of the 2013 report are available on