EQUATE Releases its 2019-2020 Sustainability Report Unveiling Advancements on Sustainability Initiatives
Leading with agility to maximize growth and resilience amid the pandemic
Kuwait, October 12th , 2021 — EQUATE Group, a global producer of petrochemicals, has published its seventh sustainability report highlighting its ongoing commitment to sustainable development across the organization and in the communities in which it operates. The report is prepared in accordance with Global Reporting Initiative (GRI) standards and received the GRI Materiality disclosure stamp.
The theme of the 7th edition “Leading with agility to maximize growth and build resilience amid the Covid-19 pandemic” highlights EQUATE Group’s organizational resilience and adaptation in the face of COVID-19 pandemic, including a number of case studies on responses undertaken during the reporting period.
“We believe that commitment to sustainability in all aspects is a key to success. Therefore, we have made progress in incorporating sustainability into our core business practices not only to produce high-quality products responsibly for our customers, but also to contribute to a more sustainable future.” Said Naser Aldousari, EQUATE Group President and CEO. “As the Covid-19 pandemic impacted the lives of people around the world, we stepped up as a responsible corporate citizen to help protect health and continue to provide essential products to markets around the world. Our agility and resilience enabled our operations to continue uninterrupted whilst protecting our people.”
EQUATE Group Sustainability Committee Leader, Dr. Abeer AlOmar, commented: “We chose to raise the bar by refreshing and expanding our sustainability strategy in 2019 which is aligned with The United Nations Sustainable Development Goals (SDGs). The report highlights EQUATE Group’s performance during the period 2019-2020 against the economic, and social pillars of sustainability in four key sectors – our economic growth, environmental stewardship, health and safety priorities, and responsibility towards our people.”
The full report along with English and Arabic executive summaries is available on the EQUATE Group website, click here: https://www.equate.com/reporting/
ABOUT THE EQUATE GROUP
The EQUATE Group is a global producer of petrochemicals. The EQUATE Group owns and operates industrial complexes in Kuwait, North America and Europe that annually produce over 6 million tons of ethylene, EG, polyethylene (PE), polyethylene terephthalate (PET), styrene monomer (SM), paraxylene (PX), heavy aromatics (HA) and benzene (BZ). The EQUATE Group includes EQUATE Petrochemical Company (EQUATE), The Kuwait Olefins Company (TKOC), as well as a number of subsidiaries such as MEGlobal and Equipolymers. Their products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa. The EQUATE Group’s shareholders are Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Employing more than 1,500 people worldwide, the EQUATE Group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society. Visit www.equate.com