SearchStakeholder Engagement
Our stakeholder engagement approach prioritizes feedback, aligns interests, fosters collaboration, and creates value by addressing expectations, priorities, and potential impacts.
Our approach to stakeholder engagement focuses on understanding our impact, addressing priorities and expectations, and identifying opportunities for collaboration and value creation. By regularly gathering feedback from stakeholder groups, we aim to balance diverse interests, requirements, and expectations effectively.
| Stakeholder group |
|
Most relevant material topics | Engagement channels |
|---|---|---|---|
| Shareholders and investors | • Governance and integrity • Innovation and sustainability solutions |
• Annual General Meeting • Conferences • Non-deal roadshows • Earnings calls |
|
| Customers | • Innovation and sustainability solutions • Circular economy • Climate change and energy • Product stewardship |
• Conferences and forums • Industry trade shows • Customer surveys • Customer events and visits • SABIC corporate website and e-commerce portal |
|
| Employees and their families | • EHSS • Human capital • Governance and integrity |
• Global employee survey • Annual performance reviews • Employee conversations (TALK5) • Competency assessment framework • Compliance reporting process (Speak Up) |
|
| Suppliers and alliance partners | • Governance and integrity • Climate change and energy • Supply chain |
• SABIC supplier portal • Vendor meetings • Industry conferences and exhibitions • Compliance training for suppliers and other third parties |
|
| Governments and regulatory bodies | • Governance and integrity • Climate change and energy • Corporate social responsibility • Social impacts |
• Directly engaging with governments • Participating in global forums • Participation in industry associations • Providing support and expertise for development of regulations, programs, and national projects |
|
| Community and society | • EHSS• Governance and integrity • Corporate social responsibility |
• Local employment portals • Employee and leadership engagement with the community • CSR programs • Media (social, traditional) • Compliance reporting process (Speak Up) • Regular press conferences • Meetings with local suppliers |
|
| External initiatives, collaborations, and trade associations | • Governance and integrity • Innovation and sustainability solutions • EHSS |
• Meetings • Workshops • Conferences, forums, and summits |
PARTNERSHIP ECOSYSTEM
We collaborate with diverse partners to share knowledge, promote awareness, and develop innovative solutions with the broader aim of elevating industry and resilience.
Read more about our ventures and joint ventures .
Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2024 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.