Qatar Petrochemical Company (Qapco) has launched its 2012 Sustainability Report, which highlighted Qapco’s environmental, economic and social activities and its efforts at meeting the needs of current and future generations.
The report, Qapco said, contributes to the sustainable development efforts of the country’s oil and gas industry through the sector’s sustainable development industry reporting (SDIR) programme.
Qapco’s 2012 Sustainability Report was launched yesterday at a function attended by vice-chairman and CEO, Dr Mohamed Yousef al-Mulla, QP director (HSE regulation and enforcement directorate) Saif al-Naimi and Qapco chief operations officer, Yousef al-Rabeeh.
Al-Mulla presented some of the highlights of the sustainability report, such as the zero loss time incident (LTI) of 13.4mn man-hours for the company employees. Qapco’s strong safety record is the result of the company’s safety first attitude, comprehensive training programme, and proven operations management systems.
Through the report, Qapco also focused on its contribution to capacity building and its support to developing the leaders of tomorrow.
Nationals are the driving force of Qapco’s leadership. Qatarisation stands at 28% and Qapco is more than ever committed to increasing Qatarisation to support Qatar National Vision 2030.
In an effort to support the sustainable growth of the local economy, Qapco also mentioned that local sourcing is a priority, using local suppliers and contractors. As such, out of the total purchases of Qapco, 75% is spent locally.
Al-Mulla said: “We are delighted to share with the public our 2012 Sustainability Report, capturing our tangible contributions to the ambitions of QNV 2030 and the National Development Strategy. For us at Qapco, sustainability is not a marketing formula or a fashionable trend to follow.
“At Qapco, sustainability and transparency are measured via clear KPIs, assessing our impact on all our stakeholders, from our shareholders to employees, from environment to our suppliers or contractors, from our customers to the society at large. The aim of our report is to understand and optimise the environmental, economic and social impact of our operations, to meet the needs of current and future generations. Sustainability is embedded in our strategy, from our daily operations to our products.”
 Al-Naimi said: “SDIR is a unique initiative, not just in Qatar, but also in the region. As per the instructions of HE the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada it is mandatory for all the companies of Qatar’s energy and industry to participate in it. For 2012, the SDIR programme provides a set of 33 well-defined and relevant sustainable development indicators that companies have to report on, allowing clear year-on-year monitoring and benchmarking, in an attempt to raise awareness about the actions and operations of companies on their communities and the environment. Some of the indicators include energy and water consumption, GHG emissions, CSR investment, Qatarisation rate, female participation, percentage of local spending or employee LTI rate just to mention a few.”