LoBrief establishes committee for ESG governance
Saudi Aramco Base Oils "Luberef" has approved forming a Sustainability, Health, Safety, and Environment Committee to enhance governance practices and support the company's sustainability and environmental performance goals. The committee will oversee initiatives and policies related to Environmental, Social, and Governance (ESG), as well as monitor compliance with regulations and improve performance in health, safety, and environmental areas. The committee comprises a chairperson and two members, and its term lasts until the end of the current Board of Directors' term on August 14, 2027.
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