Social responsibility

Investors

Since its founding, one of Saudi Aramco’s core principles has been to improve the communities where it operates, by engaging in a range of corporate social responsibility projects and initiatives.

People and communities

The Company’s employees and workplace culture are important to its success. The Company invests in its personnel and has implemented a number of training and skills development programs.

Saudi Aramco makes efforts to recruit, develop and retain a highly diverse workforce, and employs numerous strategies and programs to promote their personal and professional growth. The Company values professionals of all backgrounds, genders, abilities, races and ethnicities, in the Kingdom and abroad. The Company has worked hard to attract and develop diverse and high-caliber talent across its business lines and geographies.

In order to build a pipeline of the best and brightest talent, Saudi Aramco engages in early outreach programs with select in-Kingdom universities, colleges and high schools. Through these programs, company representatives help students prepare for their futures and begin to consider career opportunities with the Company.

At Saudi Aramco, there's a unique body dedicated to Generation Y and Generation Z that ensures the youth have a voice in the company's strategy and decision making. It's called Y-LAB, the Young Leaders Advisory Board.

Occupational health and safety

Safety is not a choice but a requirement when working for or engaging in business with Saudi Aramco. An enterprise-wide, organizationally-driven focus on health and safety supports the Company’s goal of protecting its workforce, preventing property losses and avoiding business interruptions, while adapting to market and operating conditions. This involves a continuous improvement approach and a low risk tolerance with rigorously applied operational safety procedures. The Company has various occupational and environmental health programs in place to protect its workforce, contractor employees, and various communities where the Company operates from hazards that may arise from its operations or activities, including the Occupational Health Hazard Assessment, Hazard Materials Communication, Comprehensive Environmental Health Assessment and Contractor Camp Environmental Health Inspection program.

The Company employs a Safety Management System (SMS) that includes performance expectations and specifies safety roles and responsibilities for management, employees and contractors. The Company benchmarks its safety performance against industry standards and performance targets. Safety performance is measured and tracked through a set of KPIs established by the HSSE Committee and reported to the Board Risk and HSE Committee.

Employee development and capacity building

The Company’s employees and workplace culture are important to its success.

The Company invests in its personnel and has implemented a number of training and skills development programs. The Company believes these programs allow it to shape its workforce for the future.

Saudi Aramco’s training and development organizations collaborate with top local and international universities to provide robust career development programs. Saudi Aramco engages with top universities, such as Harvard Business School, London Business School, and Wharton School of the University of Pennsylvania.

In 2019, over 140 selected employees attended programs custom-designed for Saudi Aramco by these business schools.

Additionally, the Company’s Leadership Center in Ras Tanura trains over 21,000 employees each year in key leadership capabilities.

Diversity and inclusion

The Company, in its own right and in alignment with international frameworks, is fully committed to gender, special needs and generational inclusion in its workforce.

The Company’s employees represent over 90 different nationalities and its corporate values include treating all people with fairness and respect, embracing diversity and accepting differences among its people. Today, female employees include engineers working in the field and in plants, scientists in the Company’s R&D centers conducting innovative research, inventors coming up with new processes and products, and traders selling products to customers around the world.

Local and global citizenship

The Company engages in a range of corporate social responsibility projects and initiatives to support the communities and the environment in which it operates and leverages its know-how and operational capabilities to further advance these projects.

The Company strives to make a positive impact across the two central pillars of its Citizenship strategy by supporting the intellectual, creative and economic development of its people, and protecting and sustaining the unique environment and diverse habitats of the planet.

Socio-economic development

The Company’s initiative to seed micro industries in the Kingdom is designed to empower people to shape their own economic future by creating additional value from traditional crafts and natural resources.

The Company has identified several micro industries that, with the right business model and support, are ripe for generating long-term impact for local communities. These programs focus on delivering training and training facilities, knowledge, tools and technology that remove financial barriers and lay the groundwork for participants and beneficiaries to succeed in new endeavors and enterprises.

Saudi Aramco’s community efforts extend beyond the borders of Saudi Arabia with participation in community outreach and development efforts everywhere it operates. These range from natural disaster relief and educational initiatives in China, habitat preservation programs in Japan and Southeast Asia, to STEM and petrochemical industry education programs in the U.S. and Europe. Saudi Aramco’s international citizenship efforts are governed by the Company’s Citizenship Executive Committee.

Responsible procurement

Saudi Aramco’s commitment to ethical business practices extends to its supply chain through its Supplier Code of Conduct which outlines mandatory policies on environmental, health and safety issues, fair trade practices, ethical sourcing, conflicts of interest, bribery, kickbacks, gifts and fraud, monitoring and compliance. Saudi Aramco’s Supplier Code of Conduct promotes the Company’s values and extends and maintains its ethical standards across the supplier network, enabling longterm, mutually beneficial partnerships.

In support of the Company’s initiative to develop local supply chains to enhance its long-term commercial interests and reduce procurement costs, in 2015 the Company launched its In-Kingdom Total Value Add Program (iktva), designed to increase the use of in-Kingdom suppliers of goods and services. The program aims to increase the use of in-Kingdom suppliers, expand local supply chain capabilities and capacities, elevate the training and hiring of Saudi nationals, drive collaboration in the industry through supplier development, bring new innovations to the Kingdom through R&D and promote the Kingdom as an export hub.