Governance

Governance

As a leading oil and gas company, we recognize the importance of good governance, which is integral to fostering transparency, accountability, and ethical conduct across all facets of our business. Our commitment to sound governance practices not only safeguards the interests of our stakeholders, but also enhances our operational efficiency and long-term sustainability.

Sustainability governance framework

Aramco's sustainability governance model strives to align its sustainability aspirations and targets with its corporate business strategy and goals. At the Board level, we have the Sustainability, Risk, and HSE (Health, Safety, and Environment) Committee, which provides oversights over Aramco’s plans and performance, and oversees Aramco's sustainability, risk, and HSE policies and practices. The Board’s Audit Committee, among other tasks, monitors Aramco's compliance with legal, regulatory, and assurance requirements.

At the Company level, we have the Group Health, Safety, Security, and Environment Committee (GHSSE), which establishes the Company's health, safety, security, and environmental policies and reviews key issues, and the Sustainability Steering Committee (SSC), which identifies and guides sustainability-related issues to help Aramco assess potential impacts on long-term value creation for stakeholders and the business.