LONDON: As businesses are now getting more concerned about becoming environment friendly, Saudi Aramco had started the journey toward sustainability long back in the 1970s, said Ashraf Al-Ghazzawi, vice president, strategy and market analysis, Aramco.
Speaking at the FII Regional Summit in London on Friday, the official said: “Aramco’s journey of ESG is not new. Everybody is talking about it now. We started it in the 1970s.”
He said Aramco is one of the first companies that tried to reduce carbon emissions and noted that the firm has had the best water practices since the 1970s.
According to Al-Ghazzawi, the journey to achieve sustainability is not a race but should be a mutual effort involving stakeholders, investors and policymakers.
