Aradel Holdings PLC 2024 AR2
The report highlights Aradel Holdings' sustainability progress and achievements for the fiscal year 2024. Key milestones include maintaining zero routine gas flaring at the Ogbele facility since 2012, with plans to eliminate routine flaring at its refinery by late 2025. The company launched an Employability Capacity Training Programme for 120 host community youths and remitted its required funding to the MURALI Host Communities Development Trust. Operationally, Aradel achieved 4,602,918 incident-free manhours with zero workplace fatalities and zero lost time injuries. Additionally, the company advanced its digital transformation, expanded renewable energy initiatives with solar-powered mini-grids in Osun State, and prepared for alignment with IFRS S1 and S2 standards.
Company: Aradel Holdings PLC
Sector: Energy
Country: Nigeria
Year: 2024
Type: AR2
Pages: 11
Aradel Holdings PLC
Annual Report And Accounts
The report highlights Aradel Holdings' sustainability progress and achievements for the fiscal year 2024. Key milestones include maintaining zero routine gas flaring at the Ogbele facility since 2012, with plans to eliminate routine flaring at its refinery by late 2025. The company launched an Employability Capacity Training Programme for 120 host community youths and remitted its required funding to the MURALI Host Communities Development Trust. Operationally, Aradel achieved 4,602,918 incident-free manhours with zero workplace fatalities and zero lost time injuries. Additionally, the company advanced its digital transformation, expanded renewable energy initiatives with solar-powered mini-grids in Osun State, and prepared for alignment with IFRS S1 and S2 standards.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees