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ENOC Group wins SPLC Awards for sustainable business practices

Industry

The Emirates National Oil Company (ENOC) Group is the world’s first energy company have won the Sustainable Purchasing Leadership Council (SPLC) Award at the 2019 SPLC Summit in Portland, USA organised by the US-based non-profit organisation

The Group was awarded in the category ‘Sustainable Purchasing Business Case Leadership’ for showcasing its business value generated by adopting sustainability principles in its operation as well as implementing sustainable purchasing standards.

Saif Humaid Al Falasi, Group CEO of ENOC, said, “The industry has seen a huge shift towards green marketing and procurement efforts, largely driven by conscious consumers who understand the impact and benefits of clean energy offerings. As a result, we remain committed to embedding sustainable practices at the core of our operations across the entire energy value chain.”

ENOC Group has led various initiatives to enhance sustainable purchasing to promote energy efficiency across the Group. In 2016, ENOC appointed a dedicated ‘Green Procurement Officer’ to streamline procurement and purchasing processes. Group adopted the Purchase and Design Energy Standard, which played a role in standardising energy consumption for equipment purchased by the Group.

This ensured that ENOC assets are consuming lower energy for longer periods and also contributed to enhanced operational efficiency driven by the Energy & Resource Management (E&RM) policy introduced in 2008. The E&RM programme was successful over the past two years, supported by sustainable procurement and generated savings of US$3.05mn in 2018 alone.

The SPLC Summit witnessed more than 500 sustainability and procurement leaders from across regions and sectors who shared best practices. The award recognises companies that demonstrate the strongest commitment to leadership in sustainability and excellence in sustainable purchasing. Some of the vital members of SPLC include ExxonMobil, Pacific Gas & Electric, Massachusetts Institute of Technology, Hewlett-Packard, Microsoft, Bank of America and US Department of Energy.