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Lobreif establishes ESG Committee
Saudi Aramco Base Oil "Lubref" announced the formation of a Sustainability, Health, Safety, and Environment Committee, aimed at enhancing governance practices and supporting the company's sustainability efforts. The committee is responsible for overseeing initiatives and policies related to sustainability, environment, health, and safety, as well as integrating environmental and social governance standards into the operational strategy. The committee comprises a chairperson and two members and will serve for the duration of the current Board of Directors’ term until August 14, 2027.
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