4 - Kuwait Oil Company

An instructor gives a lesson in English, 1965environment and the actions ofthe petroleum industry.KOC is active in and financiallysupports local projects that aimto improve the environment,such as the formation of theMarine Colony, the cleaningof local beaches, and thepreservation of sensitive natureareas such as the local islands.In fact, the Marine Colony wasa first for an oil company andis one of the largest reserves inthe Gulf. Covering an area of54,000 square meters, the reserveincludes 1,000 reef balls whichare intended to foster Kuwait’smarine life.On top of its direct efforts tomake a positive impact on theenvironment, KOC routinelyholds awareness campaigns thattouch on issues such as energyconservation, recycling, safedriving, health related issuessuch as back pain, and more.These awareness campaigns notonly target employees and theirfamilies, but extend to studentsas well. In recent years, KOChas made an active effort to holdregular awareness sessions forstudents throughout Kuwait.Education and AwardsThe continuous drive to bettertrain KOC employees andsend them abroad for highereducation is demonstrativeof the Company’s realizationthat a highly educated staff ofemployees leads to a better-runorganization. A focus on traininghas resulted in the constructionof many training centers thatprepare Kuwaiti employees forlife in the oil sector. As a result,this has led KOC to acceptmore Kuwaiti applicants, whichfalls in line with Kuwaitizationpolicy of hiring more Kuwaitis invarious positions when possible.Approximately 80% of KOCemployees today are Kuwaitinationals.Health, Safety and Environmentalissues are very important toKOC, which was reflected in thecreation in 1998 of the annualChairman’s HSE Awards, whichrecognize initiatives within thecompany that focus on reducingdamage to the environment whilesafeguarding the health andsafety of employees. Receivingan HSE Award is quite an honor,and many employees and theirfamilies are now more awarethan ever of the importance ofleading initiatives that go a longway in caring for the community.Corporate Social Responsibilitywill continue to play a majorrole in the day-to-day operationsof KOC. As the Company growsand makes plans for the future,KOC’s CSR initiatives will growin turn and increase in theirscope, resulting in a communitythat can be proud of itsaccomplishments and eager to domore in the future.30October - December 2012