PETRONAS joins WBCSD

Petroliam Nasional Berhad (PETRONAS) has joined over 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD). 

Published: 18 May 2020
Type: News

Geneva, 18 May 2020: PETRONAS is Malaysia’s fully integrated oil and gas multinational and the custodian of the country’s oil and gas resources that is wholly owned by the Government of Malaysia. Established in 1974, PETRONAS employs about 48,000 people and has a business presence in more than 50 countries across the world.

Connecting with WBCSD’s network of forward-thinking businesses across a variety of sectors will enable PETRONAS to continue to enhance and implement its sustainability ambitions in collaboration with like-minded partners.

PETRONAS’ Vice President of Group Health, Safety, Security and Environment Dzafri Sham Ahmad said: “At PETRONAS we are mindful that we co-exist in a larger world, and that we are progressing towards a low-carbon energy future. Joining WBCSD is the next step in ensuring that PETRONAS continues to leverage collaboration, technology and our people to sustainably deliver energy to a growing world.

PETRONAS’ membership in the WBCSD supports the Company’s new Statement of Purpose which is “a progressive energy and solutions partner, enriching lives for a sustainable future”. PETRONAS’ group-wide operations are steered by its Sustainability Agenda that encompasses four lenses -- Continued Value Creation, Safeguard the Environment, Positive Social Impact and Responsible Governance, whilst focusing on seven UN Sustainable Development Goals on which it has the biggest impact”

WBCSD President and CEO Peter Bakker said “WBCSD is pleased to welcome PETRONAS as our newest member. Decarbonising the energy sector is a significant challenge, but it is an essential one if we are to fulfill the aims of the Paris Agreement and the Sustainable Development Goals. Reimagining our energy system is a vital part of a sustainable world, and we are looking forward to work with PETRONAS as they strive towards a sustainable energy future.”

Tags: Asia

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