Climate Change Data

Sidi Kerir Petrochemicals Company (SIDPEC)

Climate Impact & Sustainability Data (2017, 2020-11 to 2021-12, 2022)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:10,000 t CO2eq.
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Employee Development
  • Safety
  • Energy Efficiency
  • Environmental Protection
  • Social Initiatives
  • Governance
  • Ethics
  • Human Rights

Environmental Achievements

  • Reduced electrical consumption by 0.61% and annual mixed fuel consumption of ethylene plant by 1.0%
  • Energy saving of about 20,000 MWh, equivalent to 4,500 t CO2 and EGP 7 Million
  • Successfully transitioned its EMS to comply with the new version of ISO 140001:2015

Social Achievements

  • Approximately 251 students attended summer training course
  • Provided health care for individual cases not covered by insurance; established a treatment fund with EGP 300,000
  • Provided technical support to ELAB to upgrade its quality management system to ISO 9001:2015

Governance Achievements

  • Established a system of governance for the implementation of its sustainability strategy
  • Implemented policies and practices to counter corruption
  • Developed a code of conduct emphasizing anti-corruption rules

Climate Goals & Targets

Long-term Goals:
  • Zero liquid discharge, zero pollutants emission and zero wasted energy company
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Business Excellence Certificate 2017 from WORLDCOB

Reporting Period: 2020-11 to 2021-12

Environmental Metrics

Total Energy Consumption:765,000 MWh/year (electricity saving since 2015: 13.2 MWh)
Water Consumption:0.9 million m3/year (treated wastewater)
Waste Generated:200 tons/year (disposed waste)

ESG Focus Areas

  • Climate Change
  • Energy Efficiency
  • Waste Management
  • Water Management
  • Human Rights
  • Workforce Development
  • Community Investment
  • Governance

Environmental Achievements

  • Reduced energy consumption in line with strategic objectives of maximizing profitability (specific quantification not provided, but mentioned in relation to a Strategic Energy Review resulting in 170 million EGP annual savings).
  • Reduced GHG emissions (specific quantification not provided, but mentioned in relation to energy efficiency improvements and the Strategic Energy Review).

Social Achievements

  • Provided training programs to employees on software and specialized programs from international experts (KBC, UNIDO, ESLSCA University).
  • Formed a “Change Catalyst Team” to support communication and change through the organization.
  • Conducted a COVID-19 vaccination campaign for employees, their families, and contract workers (around 3,000 people vaccinated).
  • Provided medical treatment protocols, donations, and contributions through partnerships with several governmental institutions and bodies.
  • Supported scientific research by participating in many scientific conferences.

Governance Achievements

  • Implemented Enterprise Resource Planning (ERP) system.
  • Prepared performance dashboards.
  • Implemented Process Safety Management (PSM) to change the organizational culture.
  • Increased issued capital from 1,050 billion EGP to 1,260 billion EGP.
  • Amended company’s statute to include importing gases, establishing and owning an electrical power plant, selling, marketing and importing various types of polymers.
  • Contributed 5% of capital to the Red Sea National Refining and Petrochemical Company.

Climate Goals & Targets

Short-term Goals:
  • Reduce energy consumption by 10% from Energy Baseline by the end of 2025

Environmental Challenges

  • Negative impact of COVID-19 pandemic on the global and national economy and supply chains.
  • Increasing global trend towards a green economy and reducing polluting industries.
  • Emergence of new competitors and expected surplus of products in the Egyptian market.
  • Losses in the last quarter of 2019 due to decline in product price and increase in global production.
Mitigation Strategies
  • Increased issued capital.
  • Amendments to company’s statute.
  • Investment in Red Sea Complex.
  • Implementation of ERP System.
  • Participation in SDG Ambition.
  • Conducting Strategic Energy Review.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, SDG

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001

UN Sustainable Development Goals

  • SDG 4
  • SDG 7
  • SDG 8
  • SDG 12
  • SDG 13
  • SDG 17

The report mentions alignment with SDGs throughout, but lacks specific details on how initiatives contribute to each goal.

Sustainable Products & Innovation

  • Polylactic acid (future plans)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:559,456 tCO2e/year
Scope 1 Emissions:145,757 tCO2e/year
Scope 2 Emissions:100,874 tCO2e/year
Scope 3 Emissions:312,825 tCO2e/year
Total Energy Consumption:2,476,322 MWh/year
Water Consumption:5,678,000 m3/year
Waste Generated:18 tons/year
Carbon Intensity:1.09 tCO2/ton PE

ESG Focus Areas

  • Climate Change
  • Energy Efficiency
  • Water Management
  • Waste Management
  • Biodiversity
  • Occupational Health and Safety
  • Employment and Labor Rights
  • Community Development
  • Governance
  • Human Rights
  • Anti-corruption

Environmental Achievements

  • 9.9 kt CO2 GHG Reduction
  • 4.8% Energy Improvement
  • 52,000 m2 Total Green Area
  • 1,100 Ficus trees planted

Social Achievements

  • 2.1 million man-hours with no injuries
  • 14.4 million EGP social contributions
  • 274 students participated in summer training
  • Homes renovation and furnishing for 29 homes
  • Food and blanket distribution to local communities
  • Sponsorship of medical operations and examinations

Governance Achievements

  • Knowledge Management System certified with ISO 30401:2018
  • Active participation in COP27
  • Exploring acquisition of Ethydco

Climate Goals & Targets

Short-term Goals:
  • Reduce absolute Scope 1&2&3 GHG emissions by 16.53% by 2027 from a 2022 base year

Environmental Challenges

  • Fluctuations in raw material costs and availability
  • Supply and demand changes
  • Increase in US Dollar exchange rate
Mitigation Strategies
  • Informed marketing and pricing policies
  • Energy efficiency improvements
  • Collaboration with UNIDO and EPAP III for financing

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, UN Global Compact, SDGs

Certifications: ISO 50001, ISO 30401:2018

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 17

The report details how various initiatives contribute to these goals.

Sustainable Products & Innovation

  • Exploring production of Poly Lactic Acid (PLA)