Home / Knowledge / News / Textiles / SABIC Sustainability Report 2013 focuses on value creation
SABIC Sustainability Report 2013 focuses on value creation
03
Jul '14
SABIC released its 2013 Sustainability Report, 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.
 
Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of the Royal Commission for Jubail and Yanbu and Chairman of SABIC said, “This is our third report and it reflects the company’s ongoing journey toward achieving the highest level of sustainable performance possible. Our mission is to become more efficient in reducing our consumption of finite materials and our environmental footprint while, at the same time, aggressively pursuing our strategy of enabling others to operate in a more sustainable manner through our innovative product portfolios.”
 
Commenting on the report, Mohamed Al-Mady, SABIC Vice Chairman and CEO, said that the sustainability process is a never ending process for SABIC, saying “We have moved forward in many areas, but we still have much to do.  We will continue to be transparent in providing a yearly review of our actions, comparing our results against stated goals and utilizing globally accepted criteria to provide uniform measurement of our performance.
 
"Our commitment to sustainability is shared across all divisions of the company – it is focused on making a positive impact at every stage of the product life cycle. Our responsibility starts with supply chain decisions and continues through our production processes, distribution, customer applications and product end-of-life.”
 
On the sustainable role played by SABIC products, Al-Mady said: “Our mandate and goal has always been to ensure the betterment of the communities in which we operate. We are constantly working on finding ways to innovate across the lifecycle for the benefit of our customers and stakeholders. We look at human capital development and organizational relationship development as high priority areas for improvement in every business function.”
 

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search