Oil Refineries Ltd 2024 SR
The report details Bazan Group's 2024 sustainability performance, highlighting its commitment to energy security and environmental transformation during a year of significant regional conflict. Key achievements include the formulation of a long-term climate plan with a 19% emission reduction target for 2030 and the operation of Israel's first hydrogen fueling station. The company advanced circular economy initiatives by producing bio-polymers from used cooking oil and acquiring Carmel Eco. Bazan also demonstrated strong social responsibility, donating NIS 30 million to war-related relief and adopting Kibbutz Nahal Oz. Despite operational challenges, the group improved its safety metrics and achieved a Platinum rating in the Maala ESG Index.
Company: Oil Refineries Ltd
Sector: Energy
Country: Israel
Year: 2024
Type: SR
Pages: 68
Oil Refineries Ltd
ESG Report
The report details Bazan Group's 2024 sustainability performance, highlighting its commitment to energy security and environmental transformation during a year of significant regional conflict. Key achievements include the formulation of a long-term climate plan with a 19% emission reduction target for 2030 and the operation of Israel's first hydrogen fueling station. The company advanced circular economy initiatives by producing bio-polymers from used cooking oil and acquiring Carmel Eco. Bazan also demonstrated strong social responsibility, donating NIS 30 million to war-related relief and adopting Kibbutz Nahal Oz. Despite operational challenges, the group improved its safety metrics and achieved a Platinum rating in the Maala ESG Index.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees