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Sustainability Report 2018
Making a difference
Chairman's Welcome
DR. ABDULAZIZ SALEH ALJARBOU
Chairman
This year, we emerged as a “New SABIC” after a transformation process that strengthened our financial performance, growth, and competitiveness.
CEO AND VICE-CHAIRMAN'S STATEMENT
YOUSEF ABDULLAH AL-BENYAN
Vice-Chairman and Chief Executive Officer
This year has been a very positive one for SABIC – a year when we began benefitting from our ongoing transformation to compete at the highest level in the chemicals industry.
SABIC is a publicly traded, global leader in diversified chemicals with a Global Headquarters in Riyadh, Saudi Arabia.
THIS IS SABIC
32,000+
employees including 1,270 scientists
THIS IS SABIC
countries of operation with Global Headquarters in Saudi Arabia
THIS IS SABIC
key geographies with innovation hubs in the Middle East, the United States, Europe, Southeast Asia, and Northeast Asia
THIS IS SABIC
patent portfolio filings
IMPRESSIVE YEAR-ON-YEAR GROWTH
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NET INCOME
(US$ BN)
5.7
2017: 4.9BN
-
SALES
(US$ BN)
45
2017: 40.1BN
-
ASSETS
(US$ BN)
85
2017: 86BN
OUR CORE MARKETS
-
3rd
largest chemical company with 7 core markets
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CLEAN ENERGY
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MEDICAL DEVICES
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PACKAGING
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CONSTRUCTION
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TRANSPORTATION
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ELECTRICAL AND ELECTRONICS
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AGRI-NUTRIENTS
SABIC’s sustainability strategy is guided by materiality analysis to ensure that resources target the most important issues for our stakeholders and business success.
SABIC'S MOST MATERIAL SUSTAINABILITY ISSUES
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RESOURCE AND ENERGY EFFICIENCY
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INNOVATION AND SUSTAINABILITY SOLUTIONS
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EHSS
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HUMAN CAPITAL DEVELOPMENT
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SUPPLY CHAIN AND ENERGY EFFICIENCY
SUSTAINABILITY IN OUR VALUE CHAIN
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UPSTREAM
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OPERATIONS
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CUSTOMERS
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USE PHASE
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END OF LIFE
REPORT HIGHLIGHTS
About SABIC
Sustainability is a foundational element of our strategy to be the preferred world leader in chemicals.
Innovation and Sustainability Solutions
SABIC’s culture of innovation has helped to shape and accelerate our commitment to sustainability.
Resource and Energy Efficiency
SABIC recognizes its dependence on natural resources: the building blocks for our products.
EHSS and Product Safety
Our business is focused on the core value of protection of the environment, health, safety, and security.
Supply Chain and Procurement
Creating the most efficient and environmentally friendly supply chain in the global chemical industry.
Human Capital Development
We strive to create the ‘Chemistry that Matters™’ to help our employees succeed.
Social Impacts and Community Relationships
Serving and improving the communities in which we live and work around the world.