Saudi Basic Industries Corporation
Saudi Basic Industries Corporation (Sabic) is recognized globally as one of the leading players in the chemical industry. We are the world’s fourth-largest chemical company based on market capitalization and the largest public company in the Middle East. Founded in 1976, Sabic has gone from strength to strength in emissions and sustainability. As the largest non-oil based contributor to Gross Domestic Product (GDP) and the largest non-oil exporter, Sabic has closely aligned its objectives with the Kingdom’s Vision 2030 and has a major role to play supporting the economic transformation of the country.
We appreciate that a key part of our global mission and legacy is to drive positive social, economic and environmental change, and today more than ever, we realize that our global customer base is more attuned to the importance of sustainability. We understand that this requires global actions of the highest standards across the entire value chain, and are committed to the principles of sustainable development and to creating positive outcomes for all stakeholders.
We have taken a number of key actions to reduce our ecological footprint, including:
• Reducing our carbon footprint globally by investing in clean energy technologies, including solar, geothermal, and hydrogen
• Developing innovative processes to optimize air and water quality, reduce waste and increase reuse and recycling capabilities
• Utilizing the latest technology to reduce the environmental footprint of our processes, including utilizing the latest data software to optimize energy and resource consumption
• Establishing long-term sustainability goals, including establishing energy and waste reduction targets for our operations in the Middle East
• Supporting community engagement through comprehensive social investment initiatives and supporting programs for sustainable development
In addition to a commitment to reducing our environmental impact, Sabic is a strong proponent of workplace safety. We are committed to creating a safe and healthy workplace for all employees and highly value our employees’ contributions and well-being. We have implemented programs and initiatives to ensure the safe operation of our sites, including compliance with rigorous safety protocols, regular training and education programs, reporting and analysis systems, and risk management activities.
We firmly believe that the success of Sabic relies on maintaining a culture of sustainability throughout our operations, both in terms of our operations and our people. We are committed to continuously improving our efforts in sustainability and believe that it will be key to Sabic’s long-term success.