Q8 issues first sustainability report
Kuwait City, September 4, 2013
Kuwait Petroleum International (Q8), the international marketing arm of the Kuwait Petroleum Corporation, has issued its first sustainability report for the year 2012-2013.
The Q8 Corporate Sustainability Report (CSR) was prepared using the Global Reporting Initiative's (GRIs) International Guidelines and officially certifies Q8 against the internationally recognised GRI Application Level Check, said a statement.
The Report has now been added to the official database within GRI's online portal and has been published within the Corporate Sustainability section of Q8's corporate website.
It was prepared entirely using in-house resources, reinforcing the corporation's commitment to fully integrating its corporate social responsibility initiatives into the culture, said the statement.
CEO Bakheet Al-Rashidi said: "In creating this report, we want to document our ongoing progress in sustainability development to our employees, shareholders and business partners, to our external stakeholders such as governments and investors, and to the communities within which we operate.
“This first report now serves as a baseline on which to build and improve into the future,”
Adnan Al-Qallaf, manager of Q8's Stakeholder Management Department, said: "The report represents a significant achievement for our department, which has a central function in ensuring our commitment to continuously improving our operations and standards and enhancing all of our social responsibility initiatives."
Sustainability Reporting is an international practice for measuring, disclosing, and ultimately becoming accountable to internal and external stakeholders by reporting economic, environmental, social and governance performance. - TradeArabia News Service