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Our sustainability governance
We seek to integrate sustainability into all levels of governance1, risk management2, and decision-making. To that end, we have established a comprehensive structure to govern sustainability matters within the Company, with clear roles and responsibilities.
The Board of Directors is responsible for the Company's governance, risk, and compliance regime, including those related to sustainability matters. In performing this oversight duty, the Board is assisted by its Sustainability, Risk and HSE Committee.
Responsibility for implementing and monitoring sustainability activities at the management level rests with the President and CEO, supported by the Group Executive Committee (GEC), Group Strategy Committee (GSC), and the Group Health, Safety, Security and Environment Committee (GHSSE). The GEC approves major sustainability initiatives and targets, while the GSC reviews and approves functional strategies including those pertaining to human resources, technology, and sustainability. The GHSSE Committee guides Aramco’s health, safety, security, and environmental policies, evaluating material issues, such as safety initiatives, environmental and safety performance, compliance reviews, insurance survey results, major incidents, and cybersecurity.
At the business level, the Sustainability Steering Committee (SSC), comprising Aramco Senior Vice Presidents representing business lines and administrative areas across the Company, reviews and guides decisions and strategies related to sustainability, and enables the Company to assess potential impacts on long-term value creation for stakeholders and the business. The committee is chaired by the Executive Vice President of Strategy and Corporate Development, with the Senior Vice President of Strategy and Market Analysis, heading risk and sustainability, serving as the Secretary.
Responsibility for implementing and monitoring sustainability activities at the management level rests with the President and CEO, supported by the Group Executive Committee (GEC), Group Strategy Committee (GSC), and the Group Health, Safety, Security and Environment Committee (GHSSE). The GEC approves major sustainability initiatives and targets, while the GSC reviews and approves functional strategies including those pertaining to human resources, technology, and sustainability. The GHSSE Committee guides Aramco’s health, safety, security, and environmental policies, evaluating material issues, such as safety initiatives, environmental and safety performance, compliance reviews, insurance survey results, major incidents, and cybersecurity.
At the business level, the Sustainability Steering Committee (SSC), comprising Aramco Senior Vice Presidents representing business lines and administrative areas across the Company, reviews and guides decisions and strategies related to sustainability, and enables the Company to assess potential impacts on long-term value creation for stakeholders and the business. The committee is chaired by the Executive Vice President of Strategy and Corporate Development, with the Senior Vice President of Strategy and Market Analysis, heading risk and sustainability, serving as the Secretary.
1. For more information on our governance, relevant material topics, and our governance metrics, please refer to page 86 in the Aramco Annual Report 2024 and page 112 in the Aramco Sustainability Report 2024.
2. For more information on Aramco’s risk management framework, please refer to page 70 in the Aramco Annual Report 2024.
2. For more information on Aramco’s risk management framework, please refer to page 70 in the Aramco Annual Report 2024.
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