Sustainability Report 2021 slide image

Sustainability Report 2021

QatarEnergy Introduction Sustainability at Qatar Energy Climate Change & Environmental Action Operational Responsibility Social & Economic Development Appendices 2021 Highlights Corporate Developments QatarEnergy announces its new sustainability strategy. Successful completion of QatarEnergy's new corporate headquarters which is designed in accordance with GSAS (Global Sustainability Assessment System) and envisaged to become a true icon of Qatar's architectural landscape. Successful completion of a new Main Fire a new Main Fire & Rescue Station and Satellite Fire Station in Mesaieed Industrial City (MIC). Climate Change & • Environmental Action QatarEnergy takes the final investment decision for developing the North Field East Project (NFE), the world's largest LNG project, which will raise Qatar's LNG production capacity from 77 to 110 million tons per annum (MTPA) (more than 40% increase). Through Carbon Capture and Storage (CCS) QatarEnergy has successfully captured 3.8 million tons of Carbon Dioxide since the inception of various CCS projects. Qatar Energy and Shell signed an agreement to pursue joint investments in blue and green hydrogen projects in the United Kingdom. QatarEnergy and Korea's Hydrogen Convergence Alliance (H2Korea) signed an agreement for cooperation in the field of hydrogen energy. Jointly with Pavilion Energy Trading & Supply Pte. Ltd. and Chevron U.S.A. Inc (Singapore branch), QatarEnergy published a quantification and reporting methodology, the SGE Methodology, to produce a statement of greenhouse gas emissions for delivered LNG cargoes. Monitored and conserved Qatar's Hawksbill turtles in eight sites, resulting in 268 nests which is the highest recorded number in the last seven years. Operational Responsibility Successfully introduced "In Vehicle Monitoring System" (IVMS) to all QatarEnergy company vehicles enabling detailed visibility and understanding of driving performance to enhance our ability to positively influence drivers' behavior across our entire fleet. Collaborations & Partnerships QatarEnergy joined the Oil & Gas Methane Partnership (OGMP 2.0). QatarEnergy joined the World Bank-led Global Gas Flaring Reduction Partnership (GGFR). QatarEnergy teamed up with FIFA as an official partner for the FIFA Arab Cup Qatar 2021™. Social & Economic Development • • • • Enabling virtual learning through the delivery of more than 200 thousand training hours, reaching pre-Covid levels of an average of 24 hours of training per employee. A five-year workforce plan in place dedicated towards recruitment and development for Qatari nationals. As part of our efforts to integrate human rights requirements into our ways of working, we developed and adopted our QatarEnergy Human Rights policy. We work closely with our contractors to define, establish, and maintain a working environment where all workers are respected and governance is ensured. Majority of our employees strongly agreed that QatarEnergy is committed to doing business ethically and in accordance with our Code of Conduct (CoC). We continued to promote the local economy directly through a 5% increase in local procurement spending. To enhance the resilience and competitiveness of the energy sector, we worked with our partners in Qatar to implement a dedicated supplier development program and incentivize In-Country Value (ICV) investments. Key milestones include creation of 46 new investment opportunities, 20 Energy Companies monitoring ICV and 800 suppliers becoming ICV certified. Our social investment of more than QAR 20 million made a positive contribution to local communities and Qatar society. Sustainability Report 2021
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