Page 19 - Abu Dhabi Oil Co Ltd. (Japan) - Sustainability Report

ADOC 2022 SUSTAINABILITY REPORT

Our Commitments ADOC
and Engagements Engagements Contractors
and
Suppliers
At ADOC we recognize that regular interaction with
our stakeholder groups is key to ensuring smooth,
sustainable and stable operations in today’s business
environment. We encourage open dialogues between Government
all stakeholders to sustain and strengthen collaboration Shareholders Entities and
Regulators
through open and trusted communications. Engagement
and effective planning enable ADOC to respond to
opportunities and challenges, create strategies and
programs for future years, and concentrate on important
Local
sustainability criteria. Stakeholder engagement, including Communities Educational
Institutions
completion of the Materiality Assessment, is conducted
in accordance with the ADOC Procedure for HSE Data
Collection, Monitoring and Reporting.

We define our stakeholders as groups or individuals that can
either be affected or be affected by our business. Internal Employees SCFEA and
ADNOC
meetings, site visits, presentations, participation in regional
forums, grievance procedures, and committees enable us to
engage with our stakeholders on a regular basis. ADOC Stakeholders

Despite the ongoing challenges created by the COVID-19 pandemic which limited face-to-face interactions, we continued
to engage remotely, where required, with our stakeholders. This year we undertook additional engagement with both
internal as well as external stakeholders as part of the materiality assessment exercise. Suppliers were also interacted with
on a regular basis.

As in previous years, Emiratization remains a key focus. To support our UAE national employees with their career development
and progression, we regularly engage with them and provide regular training and performance reviews. ADOC is carefully
reviewing the career framework for UAE Nationals to provide further support in line with feedback.

Corporate Governance of business initiatives, and agree on measures of how to
handle ongoing issues. ADOC is required to comply with
all legal requirements issued by the Federal Government
The governance of ADOC is the responsibility of of UAE and Government of Abu Dhabi, which are
the Board of Directors, who are overseen by the communicated through SCFEA. ADOC also complies
General Meeting of Shareholders, where shareholders with the ADNOC standards and guidelines, including
can decide on matters related to the Company and the ADNOC HSE Standards. SCFEA and ADNOC
evaluate the Board of Directors’ actions. The Board of communicate all notifications of revised regulations to
Directors’ responsibility involves setting regulations and the ADOC General Manager, who conveys them to the
management policy and appointing directors. PL Department and are subsequently distributed to
Regulations governing the Board of Directors specify the relevant departments for their action. Any potential
that meetings are to be held every quarter, and that issues that may arise are addressed in the weekly
extraordinary meetings are to be held when necessary. department managers’ meetings, Health, Safety, Security
During meetings, directors discuss and make decisions and Environment (HSSE) committee meetings, and
on organizational-related matters, reflect on the progress management review meetings.

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