April 23, 2020 - SABIC has released its Sustainability Report 2019, covering performance over the past year and detailing how sustainability fits into the company’s broader global business strategy. Titled “Toward a Circular Future,” the report builds on the reputation of the company as a global leader in chemicals that embeds sustainable practices not only into its own business, but also into its entire value chain.
SABIC’s 2017 Sustainability Report:Building a Better Future, its seventh such report, is an impressive achievement. It continues the company’s effort to lead in sustainability and tell this story to stakeholders through an engaging annual publication.
DAVOS, Switzerland, January 23, 2018 /3BL Media/ -- Today at the World Economic Forum (WEF) in Davos, over 30 leading companies across 16 sectors joined forces to implement the circular economy through WBCSD’s newest initiative, Factor10. Collectively responsible for USD $1.3 trillion in annual revenues, the companies in Factor10 represent a powerful business effort scale up momentum for circular economy solutions.
SABIC’s 2016 Sustainability Report, the sixth published by one of the world’s largest suppliers of chemicals, is an enormous achievement. For the first time, SABIC handed the report out alongside the Annual Report at its Annual General Meeting: an accomplishment that could only be achieved with the full support of stakeholders throughout the organization. Both its timeliness and quality prove that SABIC is dedicated to raising the bar for reporting in Saudi Arabia and across the world.
The Saudi Arabian Basic Industries Corporation (SABIC) cuts carbon emissions by recycle CO2. Miranda Ingram reports…
Global petrochemical giant SABIC is celebrating its large-scale circular economy initiative whereby waste CO2 that used to vent into the atmosphere is now being converted into feedstock for the company’s manufacturing facilities. This drastically cuts carbon emissions and reduces the purchase of natural gas. The initiative is both an environmental and a financial triumph.
SABIC announced its fifth Sustainability Report, Enabling Tomorrow’s Solutions.
The report is a summary of the successes SABIC achieved in many areas of its business in 2015 on the journey to a more sustainable future.
SABIC has always brought enormous economic, social, and environmental benefit to the many countries where it operates all over the world. Wherever SABIC goes, it brings innovation, human development, and economic prosperity. SABIC strives to protect the environment and – through social programs and volunteering – contribute to healthy communities.
Founded in 1976 by royal decree and 70% government owned, Riyadh based SABIC is already one of the world’s largest petrochemical manufacturers with over 40,000 employees working in 50 countries.
The company’s aim was to use the by-products of oil extraction to produce value added commodities such as chemicals, polymers and fertilisers in order to create new industries allowing developing Saudi Arabia to diversify and develop.
The report reflects the company's commitment to continuously create more sustainable business processes and more value for its stakeholders
July 14, 2014 /3BL Media/ - SABIC released its 2013 Sustainability Report on July 1, 2014, entitled ‘Creating Lasting Value’, reflecting the company’s commitment to continuously create more sustainable business processes and more value for its stakeholders.
The report shares the latest information on the company’s progress on various dimensions of sustainability value creation. It highlights performance in creating economic value, protecting natural capital, developing human capital and building social and community relationships.