SABIC has released its 2020 sustainability report, which reflects on the successes of its sustainability journey and the profound changes arising from a challenging yet remarkable year. Now in its 10th year and titled “Thriving Responsibly,” the report outlines how the company’s actions are advancing the circular economy, addressing climate change, and embedding environmental, social and governance (ESG) principles into every aspect of the business.
Centering ESG is an important piece of SABIC’s sustainability strategy and journey of transformation and this year, SABIC created a new ESG steering committee, led by SABIC’s CFO. By embedding ESG inclusively and holistically, SABIC can weigh ESG factors alongside financial considerations in its decisions.