PIC wins Social Responsibility Award
ADIPEC to reinforce GCC oil cooperation: Dr Ja’faar
KUWAIT CITY, Nov 11, (KUNA): Petrochemicals Industries Company (PIC) announced on Wednesday winning the Arab Award for Social Responsibility 2015 for medium-sized enterprise, offered by Dubai-based Arabia Corporate Social Responsibility (CSR) Network.
PIC said in a press release that the Director of PIC engineering and comprehensive safety, Hassan Hisham, received the award on behalf of the company in Dubai, at the end of the 8th session of the award activities — organized by the CSR Network under the Arab League sponsorship.
Hisham presented during the session a work paper titled “sustainability beyond expectations” in which he showed continuous attempts of the PIC for improving its operations to limit negative impact on the environment, besides tackling forecast future risk sustainability.
PIC launched its sustainability tar- gets for year 2017, a total of six goals related to operational excellence, namely limiting operations’ accidents, rate of physical injuries among employees, greenhouse gas emissions, consumption of water, leakages and consumption of energy, he affirmed.
In 2014-2015, the PIC gained more than USD 20 million after executing 53 projects related to sustainability, while in 2014 the sustainability process was comprehensively applied according to risk management followed in projects, he added.
Hisham hailed the initiatives launched by PIC to enhance the quality of life including “Kuwait green wall,” and development of future leaders, besides joining the Charter of the United Nations (UN) in 2013.
Also: ABU DHABI: The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will reinforce cooperation within oil and gas indus- tries amongst GCC nations, Deputy Chief Executive Officer, Planning and Commercial at Kuwait Oil Company (KOC) Dr. Jamal Ja’faar said here Wednesday.
Speaking to KUNA on the sideline of the 18th ADIPEC conference, the official said that the event was a chance for regional petroleum and natural gas entities to converse with their international counterparts.
The rapid development of the industry required from all parties involved to be updated on the recent innovations in the industry, affirmed Dr. Ja’faar who stressed that KOC, as a subsidiary of Kuwait Petroleum Corporation (KPC), was keen on following the latest global data and statistics.
KOC involvement in ADIPEC was to promote its projects and investments to global partners, said the official, indicating that the company was amongst the few entities to offer new ventures despite the shaky status of the oil price.