Sustainability Report 2017 Crescent Petroleum

CEO FOREWORD

At Crescent Petroleum, we believe that, for a more prosperous tomorrow, businesses need to act in harmony with governments, people and the environment.

Throughout our existence, we have leveraged our understanding of the Middle East to promote energy and social sustainability.

In a region that holds over 42 per cent of the world’s proven gas reserves, we have advocated the use of natural gas as a source of fuel. In addition to being a more economical alternative to diesel or gasoline, natural gas is the world’s cleanest fossil fuel, emitting less greenhouse gas and nitrogen oxides than coal, oil or petroleum…

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OUR APPROACH
TO SUSTAINABILITY

Our Approach at Crescent Petroleum

To create lasting value for all stakeholders, Crescent Petroleum embeds sustainability in its strategic planning, departmental objectives and daily operations. Despite the political and economic challenges of 2016, the company continued to support the UN Sustainable Development Goals.

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CREATING
SHARED PROSPERITY

Shared Prosperity at Crescent Petroleum

Crescent Petroleum strives to create shared prosperity across the countries it serves. Its joint ventures with governments throughout the Middle East and north Africa enrich national economies while its public-private partnership revitalise infrastructure, promote sound public policy and address youth unemployment in the region.

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EMPOWERING COMMUNITIES

Empowering Communities at Crescent Petroleum

In addition to responding to the energy needs of the communities it serves, Crescent Petroleum is committed to raising their standards of living by improving healthcare access, promoting business events and organisational dialogue and supporting various educational programmes.

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SAFEGUARDING
OUR PEOPLE

Safeguarding our people at Crescent Petroleum

As Crescent Petroleum’s core focus area is the health and safety of its employees and neighbouring communities, it has developed a comprehensive risk management approach and continuously monitors key safety indicators.

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OPERATING
RESPONSIBLY

Operating Responsibly at Crescent Petroleum

To help mitigate climate change and water scarcity, Crescent Petroleum endeavours to minimise its environmental footprint by promoting recycling across its facilities, reducing water and electricity consumption, and holding awareness events for its employees and stakeholders.

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BUILDING A
RESILIENT WORK CULTURE

Work Culture at Crescent Petroleum

To help employees reach their full potential, Crescent Petroleum seeks to create and maintain a healthy, safe and empowering work environment. It notably provides job security, celebrates long service and regularly introduces corporate policies that promote self-fulfilment and well-being.

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