ISLAMABAD, March 1, 2024: The Oil and Gas Development Company Limited (OGDCL) has taken a significant stride towards sustainability by announcing its Environmental, Social, and Governance (ESG) policy. In response to the growing demand from investors and stakeholders for transparency and accountability in ESG factors, OGDCL’s Board of Directors released its comprehensive ESG policy statement on February 27, 2024.
The OGDCL ESG policy underscores the company’s commitment to environmental stewardship, social responsibility, and effective corporate governance practices. By embracing these principles, OGDCL aims to create shared value for sustainable development. The policy outlines OGDCL’s strategic approach to managing environmental impacts, fostering social inclusivity, and upholding high standards of corporate governance.
OGDCL view the ESG Policy as a crucial first step in embracing more sustainability practices and becoming a responsible, adaptable, and resilient organization. The OGDCL ESG policy is aligned with international best practices and reflects the company’s commitment to transparency, integrity, and ethical conduct.
Related posts
-
Research Highlights Fire Risks in Building-Integrated PV Facades
A Danish-Norwegian research team has shed light on critical... -
Global Lithium-Ion Battery Demand Surpasses 1 TWh in 2024
For the first time in history, annual global demand... -
Power Ministry Urgently Seeks Rs400 Billion to Meet IMF Circular Debt Target
ISLAMABAD: The Ministry of Power has issued an urgent...