Home > OUR NEWS & MEDIA> Press Releases> 2018> PIC delegation visits GPIC
21 October 2018

A delegation from the Petrochemical Industries Company of Kuwait visited the Gulf Petrochemical Industries Company (GPIC) to learn about its experience in preparing institutional sustainability reports in line with the Global Reporting Initiative (GRI).

In his comments, GPIC President Dr. Abdulrahman Jawahery said the Management is adopting a new approach to submit its sustainability reports to facilitate progress in achieving the UN goals of sustainable development.

He said the Company is ready to offer its expertise to other Gulf companies so that they can benefit from its experience. He said the Company provides unlimited support for the 17 United Nations Sustainable Development Goals and is seeking to achieve new heights.

Dr. Jawahery spoke of the importance of the fertilizer industry as one of the main sources of soil nutrition and increasing agricultural yields as well as the various initiatives undertaken by this vital sector.

He said the visit of the Kuwaiti delegation is a good initiative especially because it clarifies to the shareholders, partners and customers the role it can play in relation to several core issues.

He praised the Millennium Development Goals and said they are interlinked elements of sustainable development, such as economic growth, social integration and environmental protection.

He said the Company is adopting the UN goals of sustainability as a comprehensive framework for the formation, direction and reporting of its strategies, objectives and activities. This, he said, would enable the Company to benefit from its advantages available, such as identifying future business opportunities and enhancing the sustainability of companies.

Dr. Jawahery said the goals are global agenda for development in local communities and allows leading companies such as GPIC to demonstrate their ability to support sustainable development issues and ensure their positive impact on people and planet.

Dr. Jawahery stressed the need to move ahead with such meetings and focus on prioritizing and progressing towards sustainable business-related development goals.

GPIC, the leading petrochemical and fertilizer producer in the Arab region, has taken its first steps towards integrating these goals into its business strategy. The Company has been keen to demonstrate its commitment to sustainable development practices, which have become an integral part of the it's philosophy and strategy.

The Sustainability Report provides all updates in a single reference, and with the launch of the recent report, the link between the UN's sustainable development goals and the Company's sustainability performance is achieved. The Company has prepared its latest sustainability report, "Leadership, Innovation and Cooperation" to be in line with the GRI framework.