16
Stakeholder
Methodsof Engagement
Stakeholder Priorities DolphinEnergy’sResponse
IndustryGroups
Organizations andassociations such as
Qatar
Petroleum (QP),
RLC,
TheSupremePetroleum
Council (SPC),KPS,ADESCO, OGP, Ras
LaffanEnvironmental Society, and others
•
Regularmeetings and
workshops
•
Shared initiatives
•
Knowledge sharing
forums
•
Interactive dialogue
•
Reporting
•
Adopting industry best
practices
•
Develop common
consensus on issues of
concern
•
Provide benchmarking
opportunities
•
Providemutual support and
aid
•
Active participant within
industrial forums and
keen to enhance regional
reputation and alignment
with best industry
practices
Society
At one level, this includes economies and
societies of Kuwait andQatar; at another level,
it includes local stakeholder groups such as
AbuDhabi SustainabilityGroup, Emirates
Environmental Group andEmiratesWildlife
Society, aswell as global and regional non-
governmental organizations (NGOs)
•
Joint charitable initiatives
•
Joint research initiatives
•
Engagement with
governments
•
Engagement with
Industry bodies
•
Participation inAbuDhabi
SustainabilityGroup
(including role on the
general secretariat)
•
Engagement and
collaborationwithwide
variety of NGOs
•
Contributedirectly to
national economic
and human resources
development
•
Provide energy to the
marketplace
•
Development of cleaner
energy
•
Minimizing environmental
impacts (flaring, spills,
carbon emissions)
•
Adherence to, and
protection of, all basic
international human rights
•
Made donations to
different community
institutions
•
Contributed to capacity
building through financial
and technical programs
PrioritySustainability Issues
The preceding stakeholder considerations
cut across economic, environmental
and social realms. The importanceof
sustainability to the company is not only
the individual areas of economic, social
and environmental performance, but also
their interaction, and theopportunity to
simultaneously create value by looking
across these threeareas.
DolphinEnergy recognizes that
environmental and social performance
gains canand should contribute directly
to financial, reputational, andoperational
gains. This is theessence of optimizing
value for all key stakeholders.
Based on the above-listed stakeholder
considerations, andafter implementinga
materiality test usingbest global practice,
(whereDolphinEnergy identified the
significant economic, environmental
and social impact whichwould influence
substantively the decisionsmade by
stakeholders), DolphinEnergy captured its
key sustainability issues in tenmainpoints.
