Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Health and Safety
• Human Capital Development
• Community Impact
• Responsible Business

Environmental Achievements

• Reduced scope 1 emissions by 7% at Petchem and 40% at AMIC compared to 2020.
• Reduced direct material loss by 63.32 MT.
• Energy saving of 400,000MMBTU through process optimization.
• Energy saving of around 1,030,000 MMBTU Through Enhanced Energy Efficiency.
• Water use intensity decreased for Petchem, Downstream, and AMIC by 4%, 10% and 6% respectively compared to 2020.
• Total energy use decreased by 6% at Petchem compared to 2020.
• Total waste recycled in Downstream increased by 305% compared to 2020.

Social Achievements

• Increased the number of female national staff by 18%
• Saudization rate stood at 50% overall and 70% amongst senior staff.
• Number of training hours for the total workforce increased by 47% compared to 2020.
• Provided 744 food baskets for the Saudi Food Bank “Eta’am”.
• Contributed SR 1 M to support the National Charity Campaign.

Governance Achievements

• 100% of staff were trained in anti-corruption measures.
• 100% of our operations were assessed for risks relating to corruption.
• 100% of planned internal audits were executed in 2021.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacts
• Geo-political tensions and economic woes
• Increasingly visible impacts of climate change
• Increased waste disposal due to increased production at Rasass and inclusion of TTLSP waste.

Mitigation Strategies

• Implemented alternative sourcing strategies for raw materials (TTLSP).
• Implemented various preventive measures, policies, and strategies to promote health and safety, wellbeing, and emergency preparedness and responses.
• Implemented a Waste Electrical and Electronic Equipment campaign.
• Worked with third parties and obtained Royal Commission approval for waste disposal solutions, saving SR 2,244,443.

Supply Chain Management

Responsible Procurement

• Code of conduct
• Supplier sustainability requirements
• Social and environmental criterion added to supplier pre-qualification format

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO/IEC 17025:2017, RC 14001:2015, SASO, NSF-14 & 61, FM -1813, WRAS

Sustainable Products & Innovation

• Dibal (eco-friendly, biodegradable soil enhancer)

Awards & Recognition

• Forbes Top 100 companies in the Middle East
• Royal Commission in Jubail (RCJ) Award for Best Company Sponsoring Environmental Activities

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Health and Safety
• Human Capital Development
• Responsible Business
• Community Impact

Environmental Achievements

• Total waste recycled in Petchem increased by 49%, while waste sent to landfill fell by 36%
• Water use intensity decreased by 14% compared to 2021
• Energy consumption reduction equivalent to 300,000 MMBTU, a saving of SAR 1.4 million
• Tasnee Petrochemical gets certified with ISO 50001 Energy Management accreditation
• Tasnee Petrochemical gets certified with ISO 55001 Asset Management System Certification

Social Achievements

• 41% increase in the number of female employees
• Community investment increased by 25% to almost SAR 1.8 million
• An average of 31 hours of training per employee with 20% increase compared to 2021
• Launched a well-being campaign specifically for Tasnee Ladies HRBP Downstream and Metallurgy.

Governance Achievements

• No incidents of corruption or fines arose
• Tasnee received the EIPM Excellence in procurement transformation award
• 100% of suppliers were screened using social and environmental criteria

Climate Goals & Targets

Environmental Challenges

• Global downturn, economic meltdown in neighboring countries, fluctuation in raw material prices
• Climate-related risks
• High diesel consumption at BOPP plant due to diesel-powered generators
• Technical problems in low-density polyethylene production affecting productivity and energy efficiency
• Recurring process safety incidents due to non-compliance or ineffective system implementation

Mitigation Strategies

• Developed a decarbonization roadmap aiming for net zero carbon gas emissions by 2060
• Implemented multiple projects to maximize fuel efficiency of generators at BOPP plant
• Replaced reactor pipes and introduced innovative purging procedure in low-density polyethylene production
• Implemented multiple measures to reduce average lead in blood level among B&L employees
• Thorough incident investigations to identify causes and develop new procedures to prevent reoccurrence

Supply Chain Management

Supplier Audits: 100% of suppliers screened

Responsible Procurement

• Business Ethics Policy
• General Procurement & Contract Terms and Conditions
• Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 55001, Responsible Care® 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Tasnee’s sustainability program is aligned with the UN SDGs

Sustainable Products & Innovation

• Dibal (eco-friendly, biodegradable soil enhancer)

Awards & Recognition

• Royal Commission in Jubail (RCJ) Award for the Best Company Sponsoring Environmental Activities
• Project Finance Award
• Best Work Environment Award
• The Best ME Operational Excellence Strategy Award
• Arab Social Responsibility Award
• Empowering Local Suppliers Award
• British International Safety Award
• Social Responsibility Award
• The Golden Excellence Award
• Technology Center Award
• Among the Top 3 of the Best Environmental Performance
• Among the Top 100 Companies in the Middle East
• EIPM Excellence in Procurement Transformation Award
• Peter Kraljic Award for Excellence
• Platinum-level certification from EIPM

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Health and Safety
• Human Capital Development
• Responsible Business
• Community Impact

Environmental Achievements

• Overall GHG emissions intensity decrease by 4%
• 57% of generated waste is recycled at Petchem
• 15% Percentage of slag waste created in 2023 compared to 17% in 2022
• 9% decrease in material loss intensity compared to 2022
• Zero spills in 2023
• 11% decrease in flaring level at Petchem in 2023
• 9% reduction in water consumption in 2023 at Petchem

Social Achievements

• 26% increase in female employees compared to last year
• 50% increase in female Saudi employees compared to the previous year
• 30% increase in training hours for employees
• 85% of employees received performance and career reviews
• 100% return-to-work rate from parental leaves

Governance Achievements

• 100% of our operations assessed for corruption-related risks
• 82% of our employees received training on anti-corruption
• 100% of planned audits completed
• Zero incidents related to human rights

Climate Goals & Targets

Environmental Challenges

• Recurring process safety incidents due to non-compliance with Process Safety Management System requirements or ineffective system implementation
• Challenges to workplace safety and the integrity of operating systems and processes that handle hazardous substances.
• Fluctuation in prices of petrochemical and industrial products

Mitigation Strategies

• implemented several measures, including the adoption of an Anti-Corruption and Bribery Policy along with Antitrust and Competition Policy
• operating an integrated risk identification and mitigation system
• continually work on reducing the risk of price fluctuations of petrochemical and industrial products by lowering production costs without compromising on quality and safety, and increasing the quantities produced, thus increasing sales volumes and revenues.

Supply Chain Management

Supplier Audits: 100% of new suppliers screened using social and environmental criteria

Responsible Procurement

• Code of Conduct
• Supplier sustainability requirements
• Rigorous multi-stage prequalification process

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 55001, ISO/IEC 17025, Responsible Care®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Recyclable plastic pellets (PP, LDPE, HDPE)
• Super absorbent polymer (Dibal)

Awards & Recognition

• GPCA Women in Supply Chain Award
• Global EIPM Peter Kraljic Award for Excellence
• CIPS Procurement Pioneers Awards
• Occupational Safety and Health Pioneers Award
• King Khalid Foundation Award for Best in Governance Category
• Forbes Middle East Top 100 Sustainability Leaders