Sustainability

Our commitment to lasting impact

At OQBI, sustainability is at the core of our business strategy and operations. We believe that a sustainable future is built on the principles of responsible environmental stewardship, social equity, and economic prosperity. Sustainable growth at OQBI goes beyond profits; it’s about creating long-term value for employees, customers, and stakeholders. As we expand and innovate, we’re committed to build a better place for our community and maximise the return on investment for our shareholders.

Our philosophy

We are building a resilient and sustainable future for OQBI.

By integrating sustainability into our core operations, OQBI aims to drive the creation of a prosperous, equitable, and sustainable future for Oman.

Sustainability mandate

As part of the larger OQ group, OQBI is actively committed to sustainability across its operations, aligning with global initiatives such as the Paris Agreement and the United Nations Sustainable Development Goals (UN SDGs). Our sustainability strategy integrates environmental, social and economic aspects, while emphasising energy efficiency, emissions reduction and the advancement of renewable energy projects.

OQBI’s approach to sustainability includes reducing the company’s carbon footprint by considering green hydrogen projects and managing water consumption efficiently. We are also focused on the sustainability of our operational framework, including the integration of renewable energy and efforts to manage and minimise environmental impacts across production processes.

Furthermore, OQ has made significant investments in decarbonisation and is working to align its operations with Oman’s Vision 2040, which focuses on sustainable development and environmental stewardship.

Governance

At OQBi, we prioritise transparent and effective governance, with the aim of fostering trust and accountability. Our governance framework is designed to ensure compliance with regulatory standards, promote ethical practices, and support sustainable growth.

Together, these elements ensure OQBi operates responsibly and effectively, aligned with our mission to innovate and lead in our industry.

Our key governance components include:

Board structure

Comprising diverse experts who guide strategic direction and oversight.

Ethical standards

Commitment to integrity and ethical behaviour across all operations.

Stakeholder engagement

Regular communication with stakeholders to understand their needs and enhance decision-making.

Sustainability initiatives

Integration of sustainable practices into our governance processes to promote long-term value creation.

Risk management

Proactive identification and mitigation of risks to safeguard our interests and those of our stakeholders.

Social investment

At the heart of our mission as a responsible corporate leader is a relentless commitment to driving socio-economic progress.

Through transformative programs, we uplift communities, fuel educational advancement, and shape the next generation of leaders in industry and science. Our External Affairs team is at the forefront of building strong, meaningful partnerships that leave a lasting, positive mark.

Equally, we take pride in our thriving culture of volunteerism, with employees dedicating their personal time to champion community causes. In just the first half of 2024, we recorded impressive volunteer hours. Our partnerships with NGOs, charities, and volunteer groups ensure our efforts reach further, creating lasting change where it’s needed most.

Our Sustainability Highlights

Education and Health

Economic Prosperity

Youth and Citizenship

Community Development

Environment

Education and health

Empowering minds and ensuring wellbeing

We believe that education and health are fundamental pillars of sustainable development. Our commitment to these areas is reflected in targeted initiatives that aim to enhance the quality of education and healthcare in the communities where we operate. By investing in educational facilities, health infrastructure, and capacity-building programs, we strive to create opportunities for lifelong learning, while ensuring access to quality healthcare for all. These efforts not only contribute to the wellbeing of individuals but also foster economic prosperity and social equity, driving a positive long-term impact across Oman.

Our Initiatives

Salalah Autism Centre

Aligned with our commitment to building an inclusive society and creating opportunities for all, OQBi funded the establishment of Salalah Autism Center, the first center in Dhofar to provide quality care for persons with autism spectrum disorder and support their families and communities.

Location

Located in Salalah

Capacity

Total Donation

Economic prosperity

Driving growth and opportunity

We strive to contribute to Oman’s economic growth by supporting entrepreneurship, promoting local content and providing job opportunities. Our focus on economic prosperity extends to improving access to reliable and affordable energy, especially in underserved and rural areas, ensuring that our growth benefits all segments of society.

Youth and citizenship

Shaping tomorrow’s leaders

We believe that education and health are fundamental pillars of sustainable development. Our commitment to these areas is reflected in targeted initiatives that aim to enhance the quality of education and healthcare in the communities where we operate. By investing in educational facilities, health infrastructure, and capacity-building programs, we strive to create opportunities for lifelong learning, while ensuring access to quality healthcare for all. These efforts not only contribute to the wellbeing of individuals but also foster economic prosperity and social equity, driving a positive long-term impact across Oman.

Our Initiatives

OQ Innovation Lab

At OQBI, we are passionate about investing in future scientists, engineers and innovators who will build a cleaner, brighter tomorrow. To that end, we funded OQ Innovation Lab, a cutting-edge research and innovation hub where top talents can unleash their potential and lead the drive to a better tomorrow.

Location

Located in Salalah Vocational College

Total Donation

Community development

Building stronger communities

We believe in the power of strong communities. Our community development initiatives are designed to enhance the quality of life for those where we operate. This includes investments in education, healthcare, and infrastructure development, ensuring that our contributions lead to long-term, sustainable benefits for the community.

Our Initiatives

Ittin Oasis Park

At OQBI, we prioritise quality of life for our people and our community. That is why we created Ittin Oasis Park, a vibrant interactive space for families to bond, children to play and learn, and communities to thrive.

Location

Ittin Street, Salalah, Oman

Components

Educational park and interactive park

Size

Total Donation

Environment

Protecting our planet

At OQBI, we are committed to reducing our environmental footprint through various initiatives. These include investing in renewable energy projects such as solar and wind power, enhancing energy efficiency across our operations and actively participating in conservation efforts to protect natural habitats.

Our commitment to the environment

At OQBI, our dedication to sustainability is embedded in every aspect of our operations. As a leader in the energy transition, we are committed to long-term impact and value creation, ensuring that our growth aligns with global environmental goals and the needs of the communities we serve.

Our global impact

OQBI is committed to addressing climate change by reducing carbon emissions. Our products, including methanol, ammonia and LPG products, support the transition to cleaner energy. Through energy-efficient and decarbonisation initiatives, we enhance our competitiveness while contributing to global sustainability efforts.

A future of sustainable innovation

OQBI is a leader in sustainable energy, focusing on energy-efficient decarbonisation to meet evolving global demands. We anticipate future needs, positioning ourselves as a force for good. With the help of our exceptional team, we are driving a cleaner, more sustainable future.

Address

P.O. Box 316, P.C. 217, Al Awqadain, Salalah, Sultanate of Oman
Salalah Free Zone, WXPR+P49, Raysut

Email

info@oqbi.com

Phone

+968 2321 8800

Contact Us

If you would like to learn more about our social programs or get involved, contact us at info@OQBI.com.