The report showcases Bapco Energies' inaugural ESG performance for the financial year ending December 31, 2022, highlighting the company's sustainability commitments and approach to incorporating ESG principles. The report covers 17 material topics and includes a materiality assessment, stakeholder engagement plan, and a Group-wide ESG Policy and Framework. Key highlights include the company's commitment to transitioning to a low-carbon future, achieving a notable reduction in carbon intensity, and investing in clean technologies and renewable energy sources. The report also details the company's robust corporate governance, risk management, and cybersecurity practices, as well as its dedication to employee well-being and social responsibility.
