Sustainability at OQ
At OQ, our sustainability strategy is deeply rooted in our mission to drive sustainable economic growth within Oman’s energy value chain and to enable a seamless energy transition through successful partnerships. Guided by our vision of maximising value from Oman’s energy resources while powering our journey toward a sustainable future, we are committed to implementing innovative solutions that meet the energy needs of today without compromising the ability of future generations to meet their own needs.
Our core values, perform, collaborate, and care, are the foundation of our sustainability approach. We strive to perform with excellence, ensuring operational efficiency and resilience across all our activities. Collaboration is key to our success; we actively seek partnerships that foster innovation and drive progress in the energy sector. Care is at the heart of our operations, as we prioritise the well-being of our employees, communities, and environmental conservation.
By integrating these principles into our daily operations, we aim to create lasting value for our stakeholders and contribute to the global energy transition, ensuring a sustainable and prosperous future for Oman and beyond.
Recognising that OQ’s operations and decisions have far-reaching impacts on the environment, society and the economy, we are dedicated to integrating sustainable practices into different aspects of our business, ensuring that we not only comply with regulatory requirements but also exceed them when we can. We understand that sustainability is not a destination but a journey of continuous improvement.
Sustainability Report
OQ’s 2023 Sustainability Report describes OQ’s performance across a number of environmental, social and governance (ESG) topics. It cements OQ's commitment to transparency and sustainable growth whilst generating value for our stakeholders. The report has been prepared in accordance with the GRI Universal Standards 2021, including the Oil and Gas Sector Standards. The Sustainability Accounting Standards Board (SASB) Oil and Gas industry-specific standards and the United Nations Sustainable Development Goals (SDGs) have also been used to guide our report's content. All 17 UN SDGs have been integrated within our report and mapped across our material topics and Priority Topics. The report content is also aligned with the Task Force on Climate-related Financial Disclosures (TCFD).
