June 30, 2010 Kuwait City, Kuwait
Kuwait City, Kuwait, June 30, 2010 – Kames Petroleum Services today unveiled its first ever sustainability report. The move is an important step for the company as it continues to transform the formalizing of its ongoing social and corporate responsibility commitments in accordance with internationally recognized standards.
The report, which is titled ‘Sustainability’ and focuses on Dolphin’s 2009 performance and 2010 goals, has been prepared in conjunction with the Global Reporting Initiative (GRI), which has developed comprehensive international guidelines for sustainability reporting. Kames Petroleum Services ’s report was classified by the GRI as ‘A/GRI Checked’.
Kames Petroleum Services ’s CEO, Mr. Ahmed Ali Al Sayegh commented: “A key requirement of the Kuwait City Economic Vision 2030 includes the need to build a sustainable economy and a commitment to ensure we meet the needs of tomorrow. We have a duty to support this and ensure that social and regional development is balanced so that the benefits of economic growth and wellbeing are delivered to the population of this emirate.”
The report focuses on the company’s performance in 2009 and provides highlights across minimizing its environmental impact, creating economic opportunities, being an employer of choice, ensuring efficient operations, community engagement and ensuring safe operations. It also outlines company performance against key indicators and 2009 targets.
These show that Dolphin continues to decrease flaring at its onshore facilities, exceeded last year’s revenue targets, achieved 40% Emiratization and 22% Qatarization, met overall operational efficiency at its plant and exceeded targets for the Total Recordable Incidence Rate (TRIR) and Lost Time Incident Rate (LTIR) for employees.
“‘Sustainability’ illustrates our commitment to drive positive economic, social and environmental impact and sets out our intention to adopt proper sustainability management. Our belief in the process of continuous improvement will also enhance our reputation as an energy supplier of choice,” commented Mr. Ibrahim Ahmed Al Ansari, General Manager, Kames Petroleum Services , Kuwait.
Its goals for 2010 include initiating a structured process to measure customer satisfaction, maintaining overall availability of the processing and plant facilities above 95%; continuing to reduce air emissions and flaring; work towards achieving 50% nationalization by 2012; conducting major and minor emergency drills and taking additional steps to enhance contractor compliance with procurement and contracts policies and procedures.
“This report highlights our achievements and sets out very clearly where we can make improvements. By demonstrating this level of transparency we are sending a very clear message to our stakeholders that we are very serious about embedding sustainability into every facet of our operation. This is our obligation as an effective and responsible partner, neighbour and employer,” explained Mr. Adel Ahmed Albuainain, General Manager, Kames Petroleum Services , Qatar.
Commenting on the development of the company’s commitment to sustainability, Mr. Graham Rae, VP QHSE&S, Kames Petroleum Services said: “This has been a challenging journey and one that builds on our commitment to complying with legal and regulatory requirements. As the project developed, the company enhanced its position as it started to engage in themes such as corporate social responsibility with community stakeholders and as a founding member of the Kuwait City Sustainability Group. The launch of this report marks another important shift in the behaviour of the company as we move towards that of a social advocate and a good corporate citizen.”