The ‘SABIC Sustainable Development Roadmap 2019’, which forms both part of the company’s 2025 strategy and supports its overall sustainability programme, spans the organisation’s entire value chain from sourcing more sustainable feedstock, improving energy efficiency across operations, increased focus on sustainable product and process innovation, to advocacy and fostering collaborations to mobilise multi-stakeholder action. The roadmap not only articulates SABIC’s holistic approach to sustainability, but outlines the company’s inspiring new initiatives that will make significant contributions to the UN’s SDG targets, as well as providing growth opportunities for the business.
“As one of the world’s leading and most forward-thinking petrochemical companies, SABIC has already embedded many environmental, social and economic dimensions of sustainability into its DNA, so we welcome the opportunity to strategically align our business with the UN’s SDGs,” said Bob Maughon, executive vice president, sustainability, technology and innovation, and chief technology and sustainability officer, SABIC.
“With the SDGs enabling a framework to translate the world’s most urgent challenges into actionable solutions, those organisations that put advanced product design and innovation at the forefront of their business strategy can not only help achieve these vitally important goals, but they can also benefit from the significant opportunities created by new and changing market demands.”
The petrochemical sector plays a fundamental role in industry and society. It is diverse, complex and far-reaching, touching virtually every aspect of human lives through the creation of intermediates to support a vast array of industrial and consumer-based products. Spanning the automotive, transportation, packaging, healthcare, personal care, agriculture and construction industries – among many others – companies such as SABIC are uniquely placed to make exceptional and wide-ranging contributions to many SDGs.