Page 7 - Abu Dhabi Oil Co Ltd. (Japan) - Sustainability Report

ADOC 2022 SUSTAINABILITY REPORT

At Abu Dhabi Oil Co., Ltd. (Japan) (ADOC), we are Materiality Assessment
excited to share our 12 annual Sustainability Report,
th
covering activities over the period of January 1 2022, Process
st,
to December 31 , 2022. Our social, economic, and
st
environmental achievements, as well as potential areas To define the content of the 2022 Sustainability Report,
for future development, are highlighted within this and to identify and understand the relative importance
report. This reporting practice helps to reflect on the of specific sustainability topics, the materiality assessment
past year to define and improve our management process was developed. This involved engagement with
procedures and direct our future activities for the ADOC’s internal and external stakeholders, who are
benefit of our employees, stakeholders, the community, defined as groups or individuals that can either affect
and environment. or be affected by our business. Internal stakeholders
comprised of company employees across all departments
Preparation of the within ADOC whilst external stakeholders included
government entities and regulators, shareholders, and
Sustainability Report contractors and suppliers.

After a careful review of the 2021 GRI Standards,

Our report is in accordance with the Global Reporting (including the 2021 GRI 11 Oil and Gas Sector
Initiative (GRI) Standards 2021, including applicable GRI standard), ADOC’s pervious materiality assessments,
Sector Standard GRI 11: Oil and Gas 2021. The report and research on latest trends pertaining to the oil and
has also been aligned with the United Nations (UN) gas sector, the global risks, global energy sector, relevant
Sustainable Development Goals (SDGs), to demonstrate UAE-level sustainability related policies and frameworks,
ADOC’s contribution to the global framework. This questionnaires were designed to gather inputs from
Report covers all the ADOC Operations in UAE. ADOC’s key external and internal stakeholders.

Analyzing
results

Circular
Collating economy,
Responses Human Rights

Global risks
Energy
trends
review Green
GHG, technology,
UAE and Renewable Biodiversity loss
GRI Company energy
Standards Sustainability avoidance
policies External Internal Responses
Stakeholder Stakeholder
Questionnaire Questionnaire
Responses
Non-
discrimination, OHS, Fair
Security, Anti- employment
corruption

1) https://www.weforum.org/reports/global-risks-report-2023/
2) https://www.iea.org/reports/net-zero-by-2050

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