Good governance is at the core of how Saudi Aramco operates and is fundamental to sustainable success.
Saudi Aramco has had the opportunity to leverage shared knowledge, expertise and experience since its earliest days, and continues to advance its operating platforms and governance mechanisms.
The Company’s approach to managing sustainability considerations builds upon this foundation and has continued to mature in parallel with an evolving business context. The Company has established Board and Company committees, processes and procedures, and Environment, Social and Governance (ESG) is integrated into its Risk Register and Enterprise Risk Management (ERM) systems.
Sustainability is a priority for Saudi Aramco at the Senior Executive and Board levels. Established committees, systems, procedures and programs are in place to manage ESG matters and provide the Company with the ability to respond in an orderly manner.
Sustainability-related initiatives and performance have historically been managed by a variety of operational functions and overseen by governing bodies across the Company, in alignment with its corporate strategies, and monitored by the Board and associated committees.