Published On: Sun, 8 Jun 2014

QAFCO published its 2013 Sustainability Report, which has achieved the A+ level, the highest according to the guidelines set by the Global Reporting Initiative (GRI), the world’s most recognized standard for reporting economic, environmental and social sustainability. For its 2013 Report, QAFCO adopted the GRI reporting guideline (G3.1).

Speaking on the occasion, Mr. Khalifa Al Sowaidi, QAFCO CEO and Vice- chairman said “I am pleased to present QAFCO’s third sustainability report to share our progress on the sustainability journey, focusing on the triple bottom line growth that forms basis of our core business values. Through this report, we wish to showcase our stakeholders our commitment to run business sustainably, our performance of various sustainability aspects and our efforts to operate in transparent manner by maintaining two way dialogues with both our employees and our external stakeholders.”

In 2010, QAFCO had issued its first sustainability report and the company commissioned comprehensive stakeholder analyses and materiality tests to identify and highlight major issues of interest to its stakeholders (Qatar Petroleum, Workforce, Community, Customers, Shareholders, Government, etc.) and developed its approach to these issues. The reporting structure and framework showcase these material sustainability issues and aligned them to the Qatar National Vision 2030 and the National Development Strategy 2011-2016. It also highlights QAFCO strategies, achievements and future plans for sustainability management especially in the areas of sustainable environmental management, community and social contributions, ethics in the marketplace and its corporate culture.

Speaking on energy efficiency at QAFCO, Mr. Al-Sowaidi said, “2013 has been a landmark year for QAFCO as with the completion of QAFCO 5 and 6 units, we are honoured to be the 4th largest manufacturer of urea and ammonia. This year we have shown a remarkable growth 13.4% and 21% in ammonia and urea production respectively. Through adoption of state-of-the-art and energy efficient technologies, we were able to achieve 13% reduction in specific energy consumption for urea production, consequently, resulted in reduction of carbon emission intensity of our products.”

Speaking on innovation and product value addition, he said,” We are collaborating with University of Leige in Belgium, to look at the possibility of using urea as poultry feed to increase protein, reducing administration of antibiotics in poultries that ultimately impact human health.” Outlining QAFCO’s plans in global food sufficiency, he said, “Studies are also underway for using urea to improve nutrient capacities of Cassava root, one of largest source of food carbohydrates in Africa.”

QAFCO strives continually to improve the materiality and reliability of the information presented and the company has adopted an approach aligned with the Global Reporting Initiative and the UN Global Compact primarily and considered oil and gas sector specific reporting requirements such as that of the International Petroleum Industry Environmental Conservation Association (IPIECA). The Report has been third party examined to measure its application against the GRI 3.1 Guidelines. Their conclusions are presented in an Assurance Statement which can be found at the end of the Report. QAFCO’s sustainability report will be published annually and will be distributed to all its key stakeholders.

Earlier, in 2010, QAFCO had become a member of the UN Global Compact when Mr. Khalifa Al Sowaidi, QAFCO CEO and Vice- chairman signed and endorsed the Letter of Commitment to the Secretary-General of the United Nations expressing support for the Global Compact and its principles.

The UN Global Compact presents a unique strategic platform for participants to advance their commitments to sustainability and corporate citizenship. Structured as a public-private initiative, the Global Compact offers a policy framework for the development, implementation, and disclosure of sustainability principles and practices related to its four core areas: human rights, labour, the environment, and anti-corruption. Indeed, managing the enterprise risks and opportunities related to these areas is today a widely understood aspect of long-term "value creation" -- value creation that can simultaneously benefit the private sector and societies at large.

With over 7700 business participants and other stakeholders from more than 130 countries, the Global Compact offers participants a wide spectrum of specialized work streams, management tools and resources, and topical programs and projects -- all designed to help advance sustainable business models and markets in order to contribute to the initiative's overarching objective of helping to build a more sustainable and inclusive global economy.

“Our Vision is to become the largest Quality Producer of Urea and Ammonia. As envisaged in our vision, "Quality" is in helm of our business. To make our vision a reality, our strategy is to maintain a dynamic presence in the realm of fertilizer industry, to explore new opportunities, to expand world-wide presence and to continue providing our customers with high quality reliable products,” says Mr. Khlaifa A Al Sowaidi, QAFCO vice-Chairman and CEO.

To maintain and improve the high quality of products, QAFCO implements a stringent quality management program facilitated by real time monitoring and measurement of production processes from the incoming raw material to the distribution of final products as well as by sophisticated laboratory analysis at various stages of production processes. QAFCO's product quality is widely acclaimed within the industry and several agencies have set high rating for our products such as Level 1 Gold accreditation by AQIS.

Our Quality management System was certified to ISO 9002 in 1996, Environment management system in 1997, and Occupational health and safety management system in 1999.

Our catering and clubs are HACCP (Hazard Analysis and Critical Control Point) certified and company laboratory got ISO 17025 Accreditation for the analytical methods used for final product analysis of Urea, Ammonia & UFC from DAkks, Germany. In 2011, QAFCO achieved management system certifications in RC 14001 (the Responsible Care technical standard) and the IFA Product Stewardship Certificate of Excellence. 

For the report visit: www.qafco.qa.