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MAKING A DIFFERENCE THROUGH MAKING A DIFFERENCE THROUGH CORPORATE SOCIAL RESPONSIBILITY CORPORATE SOCIAL RESPONSIBILITY CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY A PETRONAS PERSPECTIVE A PETRONAS PERSPECTIVE By By M Azhar b Osman Khairudin M Azhar b Osman Khairudin Senior General Manager Senior General Manager Legal & Corporate Affairs Legal & Corporate Affairs Division Division PETRONAS PETRONAS

Undp Csr 2 Petronas

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Page 1: Undp Csr 2 Petronas

MAKING A DIFFERENCE THROUGHMAKING A DIFFERENCE THROUGHCORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY

CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY A PETRONAS PERSPECTIVEA PETRONAS PERSPECTIVE

MAKING A DIFFERENCE THROUGHMAKING A DIFFERENCE THROUGHCORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY

CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY A PETRONAS PERSPECTIVEA PETRONAS PERSPECTIVE

ByBy

M Azhar b Osman KhairudinM Azhar b Osman Khairudin

Senior General ManagerSenior General Manager

Legal & Corporate Affairs DivisionLegal & Corporate Affairs Division

PETRONASPETRONAS

ByBy

M Azhar b Osman KhairudinM Azhar b Osman Khairudin

Senior General ManagerSenior General Manager

Legal & Corporate Affairs DivisionLegal & Corporate Affairs Division

PETRONASPETRONAS

Page 2: Undp Csr 2 Petronas

CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY

A PETRONAS PERSPECTIVEA PETRONAS PERSPECTIVE

Page 3: Undp Csr 2 Petronas

MAKING A DIFFERENCE THROUGHMAKING A DIFFERENCE THROUGHCORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY

CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY A PETRONAS PERSPECTIVEA PETRONAS PERSPECTIVE

MAKING A DIFFERENCE THROUGHMAKING A DIFFERENCE THROUGHCORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIAL RESPONSIBILITY

CSR AS A BUSINESS STRATEGY CSR AS A BUSINESS STRATEGY A PETRONAS PERSPECTIVEA PETRONAS PERSPECTIVE

ByBy

M Azhar b Osman KhairudinM Azhar b Osman Khairudin

Senior General ManagerSenior General Manager

Legal & Corporate Affairs DivisionLegal & Corporate Affairs Division

PETRONASPETRONAS

ByBy

M Azhar b Osman KhairudinM Azhar b Osman Khairudin

Senior General ManagerSenior General Manager

Legal & Corporate Affairs DivisionLegal & Corporate Affairs Division

PETRONASPETRONAS

Page 4: Undp Csr 2 Petronas

PETRONAS’ Corporate Profile

PETRONAS is the national oil corporation of Malaysia.

PETRONAS was incorporated on 17th August 1974 under the Malaysian Companies Act of 1965.

The Malaysian Petroleum Development Act 1974 vested upon PETRONAS the exclusive rights to explore, develop and produce petroleum resources within Malaysia.

MISSION

We are a business entity

Petroleum is our core business

Our primary responsibility is to develop and add value

to the national resource

OUR OBJECTIVE IS TO CONTRIBUTE TO THE WELL BEING OF THE

PEOPLE AND THE NATION

MISSION

We are a business entity

Petroleum is our core business

Our primary responsibility is to develop and add value

to the national resource

OUR OBJECTIVE IS TO CONTRIBUTE TO THE WELL BEING OF THE

PEOPLE AND THE NATION

VISIONVISION““A Leading OilA Leading Oil

and Gas Multinational and Gas Multinational of Choice”of Choice”

Page 5: Undp Csr 2 Petronas

To establish a distinct & sustainable contribution To establish a distinct & sustainable contribution in the area of Education & Capability Building in the area of Education & Capability Building

EDUCATION & CAPABILITY DEVELOPMENT – CORE TO OUR EXISTENCE

Why Focus on Education & Capability Building?Why Focus on Education & Capability Building? Is long term and key to our sustainable development while Is long term and key to our sustainable development while enabling us to contribute meaningfully to the nations' enabling us to contribute meaningfully to the nations' aspirations.aspirations.

Leverages and builds on significant investment in our existingLeverages and builds on significant investment in our existing

infrastructure/programmes in education, training and the arts.infrastructure/programmes in education, training and the arts.

Every organisation must identify their focus area in CSR so as to leverage on their social investments in a sustainable manner and to align with their business strategies

Page 6: Undp Csr 2 Petronas

Scholarships

UTP

ALAM

INSTEP

Education Sponsorship PETRONAS Motorsports

PETROSAINS

MPO Outreach

Galeri PETRONAS

Our World

Bakti Pendidikan

Sahabat PEMADAM

Tech Tour

Performing Arts

Street Smart

Interactive Education Outreach

Government Relations

Sponsorships & Donations

PETRONAS

Sports

Environment

Health

Community / welfare

EDUCATION & CAPABILITY DEVELOPMENT – CORE TO OUR EXISTENCE

Page 7: Undp Csr 2 Petronas

FRAMEWORK FOR CSR BEST PRACTICESFRAMEWORK FOR CSR BEST PRACTICES

Corporate Corporate Social InvestmentSocial Investment

Business ConductBusiness ConductCorporate Sustainability Corporate Sustainability

FrameworkFramework

PETRONAS views its Guidelines for Business Conduct, Corporate PETRONAS views its Guidelines for Business Conduct, Corporate Sustainability Framework (Triple Bottom Line), instituting Corporate Sustainability Framework (Triple Bottom Line), instituting Corporate Governance and its Corporate Social Investments as its continued Governance and its Corporate Social Investments as its continued

commitment to be a good corporate citizen wherever it operatescommitment to be a good corporate citizen wherever it operates

CSR is the commitment of business to contribute to sustainable development, working with employees, their families, the local community and the society at large to improve their quality of life - World Business Council for Sustainable Development (WBCSD)

Corporate GovernanceCorporate Governance

Page 8: Undp Csr 2 Petronas

CSR – PETRONAS PERSPECTIVECSR – PETRONAS PERSPECTIVE

A commitment to A commitment to

conduct & manage conduct & manage

our business our business

activities in a activities in a

responsible wayresponsible way

A commitment to A commitment to

conduct & manage conduct & manage

our business our business

activities in a activities in a

responsible wayresponsible way

A commitment derived from our values and essence as an organisationA commitment derived from our values and essence as an organisation

Page 9: Undp Csr 2 Petronas

1.PETRONAS’ BUSINESS CONDUCT1.PETRONAS’ BUSINESS CONDUCT

• General Business Principles

• Business Integrity

• HSE

• Quality

• Human Rights

• Commitment to Community

• Employment Practice

• Compliance with local law

• Review & Audit

• General Business Principles

• Business Integrity

• HSE

• Quality

• Human Rights

• Commitment to Community

• Employment Practice

• Compliance with local law

• Review & Audit

Making conscious decisions about our role as a responsible business entity

Page 10: Undp Csr 2 Petronas

2.CORPORATE SUSTAINABILITY FRAMEWORK2.CORPORATE SUSTAINABILITY FRAMEWORK

Shareholder Value Societal Needs

Climate Change

Health, Safety & Environment

Energy Use

Biodiversity

Product Stewardship

ECONOMICECONOMIC SOCIALSOCIAL

ENVIRONMENTENVIRONMENT

Identifying & incorporating key results areas for sustainable developmentIdentifying & incorporating key results areas for sustainable development

Page 11: Undp Csr 2 Petronas

3.CORPORATE SOCIAL INVESTMENT (CSI)3.CORPORATE SOCIAL INVESTMENT (CSI)

Corporate Social Investment (CSI) is the Corporate Social Investment (CSI) is the commitment of PETRONAS to contribute to commitment of PETRONAS to contribute to sustainable and meaningful development of sustainable and meaningful development of the communities and our other stakeholders the communities and our other stakeholders

wherever we operatewherever we operate

Practice of CSI comes from the awareness of our stakeholder needs and our own Practice of CSI comes from the awareness of our stakeholder needs and our own sincere commitment in ensuring their well beingsincere commitment in ensuring their well being

Page 12: Undp Csr 2 Petronas

ThankYou

For more information please contact For more information please contact [email protected]@petronas.com.my