PETRONAS

Our Approach to Reporting

PETRONAS has voluntarily disclosed the Company’s non-financial performance since 2007. The Group Sustainability Report 2016 (SR2016) is the ninth edition for PETRONAS and highlights the key Environmental, Social and Governance (ESG) initiatives carried out over a 12-month period, from 1 January to 31 December 2016. Information relating to PETRONAS’ corporate overview, financial statements and strategic business plans are made available in the Group Annual Report 2016. Both reports are accessible online at www.petronas.com.my

This report is prepared in accordance with the oil and gas industry guidelines developed by International Petroleum Industry Environmental Conservation Association (IPIECA) and cross-referred to the Global Reporting Initiative’s (GRI) sustainability reporting guidelines and FTSE Environmental, Social and Governance (FTSE ESG) assessment indicators.​


PETRONAS GROUP SUSTAINABILITY REPORT 2016

Section

IPIECA

GRI - G4

Page Reported

INTRODUCTION

PETRONAS’ Sustainability Journey

 

G4-28 – G4-30

2

Corporate Overview

-

G4-3 – G4-9

Refer to Annual Report FY2016

Sustainability Highlights and Group Financial Performance

E1, SE13, SE14

5

A Message from our President and Group CEO

 

 

7-8

Sustainable Development in PETRONAS

 

G4-35,  LA5

9

PETRONAS Corporate Sustainability Framework

 

G4-34 - G4-36, G4-46 – G4-48 

10

About This Report

- Material Sustainability Matters

 

G4-17 – G4-21, G4-24

11

Sustainability Performance Data

 E1, E3, E4, E6, E7, E8,

SE6, SE7, SE13, SE15

EN3, EN8, EN15, EN21, EN22, EN23,

EN24, LA1, LA6, LA12, SO6

12 - 14

ENVIRONMENT

Opening Statement

16

Climate Change

E1, E3, E4, SE14

DMA, EN6, EN15,  EN19

17 - 21

Feature: Interview with Dzafri

Sham Ahmad: The Climate

Challenge and Opportunity for

Change – Malaysia and Beyond

 

DMA

22

Water Management

E6, E7

EN8

23

Environmental Performance

E5, E7,  E8, E9, E10, E11

DMA, EN23, EN24,

24 - 25

Feature: Instilling Environmental Awareness

 

 

26 - 27

SOCIETY

Opening Statement

30

Occupational Safety

HS1

LA6, DMA

31 - 32

Process Safety

HS1, HS5, SE17

 

33 - 34

Occupational Health and Wellness

HS1, HS2, HS3

35

Industrial Hygiene

HS2

 

36 - 37

Emergency Preparedness and Response

HS5

 

38

Product Stewardship

HS4

DMA, PR3

39 - 41

Our People

SE6, SE15, SE16, SE17

LA10

42 - 43

Social Performance

SE3, SE8, SE9, SE17

DMA

44 - 45

Community Investments

SE1, SE3, SE4, SE5

DMA

46 - 50

GOVERNANCE

Opening Statement

 

 

52

Corporate Governance and Business Ethics

 SE11, SE12, SE17, SE18

G4-56 – G4-58, SO4

53 - 55

Health, Safety, Security & Environment Governance

 

DMA

56

FEATURE STORIES

PFLNG SATU

SE14

58

Pengerang Integrated Complex (PIC)

SE1, SE3, SE5

SO2

59 - 60