RasGas honoured for sustainability management feat

RasGas Company Limited (RasGas) received the award for “Excellence in Sustainability Management” at the Ministry of Energy and Industry’s “2013 Report on Sustainability in the Qatar Energy and Industry Sector” ceremony held on June 19.

The award, presented by HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada, recognises RasGas’ “rigorous and mature approach” and “strong grasp of sustainability governance.”

RasGas acting chief executive officer Nafez Bseiso said the award recognises the company’s “fully integrated approach” to sustainability management.

“We truly believe that business success and sustainable practices are inseparable and this award reflects our deep-rooted commitment towards adhering to the highest standards of governance, integrity, and transparency across all our business operations,” Bseiso said.

In 2009, RasGas became the first Qatari energy company to publish a sustainability report. Since then, RasGas has been the recipient of two consecutive awards from Qatar Petroleum (QP) for excellence in “Sustainability Reporting for Large Scale Organisations.”

The RasGas 2013 Sustainability Report was designed to provide a comprehensive review of the company’s environmental, social, and economic performance.

The report follows QP guidelines on sustainability reporting and also adopts guidance specific to the oil and gas industry prepared by the International Petroleum Industry Environmental Conservation Association (IPIECA) and multi-sector guidelines from the Global Reporting Initiative (GRI).

Aside from RasGas, 36 other companies from the energy sector set up exhibition booths that showcased their sustainability projects and case studies during the ceremony.