Kuwait Oil Company (KOC) – CSR Initiatives

Headquartered at Ahmadi, Kuwait, Kuwait Oil Company (KOC) was founded in the year 1934. Dealing in petroleum and natural gas mostly, KOC’s parent company is Kuwait Petroleum Corporation which is Government of Kuwait owned holding company.

As identified in their 2040 strategy – to create a culture where people can grow and the company achieves sustainable development – KOC has announced and has completed a plethora of CSR initiatives.

And, for the shorter run, i.e. in the near future, KOC has identified and chalked out its 2030 strategy with the moto, “Contributing to Enterprise & State” and has detailed the following in the “Objectives of Social Responsibility”:

1. Enhancement of Productivity
2. Achievement of persistent, measurable development
3. Promotion of KOC as a leading international oil company
4. Improvement of relations with community at large
5. Supporting government efforts
6. Protection of the environment

Here are the following steps taken by KOC which is a testimony of a fact that it actually ‘Cares’:

1. Ahmadi Hospital – Established in the year 1960, the hospital caters to all the family members of all the company’s professionals. And, a new hospital is also being built with an investment of KD 36 million.
2. One of the most leading institutions to donate blood, efforts to donate blood are recognised by the Government as well which honored KOC in the year 2012-13.
3. To curb the problem of excruciating traffic, KOC coordinated with the Traffic Directorate General to come up with some optimal solutions. It has been organising various awareness campaigns as well to teach traffic safety to the country’s citizens.
4. KOC created the Spirit of the Desert Reserve located in the Burgan Oil Field – an initiative to provide a safe home to the local and migrant birds, plants, and to revive the wildlife in the area.
5. Marine Colony – In an attempt to safeguard and protect natural resources, KOC, in 2007, established a marine colony and became world’s first Oil and Gas company to do so.
6. Established The Qurain Hill Nature Reserve in collaboration with Kuwait Volunteer Work Center in 2011 to preserve natural habitat.
7. KOC has drastically reduced gas flaring in oil fields.
8. KOC signed a MoU to improve the air quality with the Environment Public Authority for two years.
9. Besides managing the oil wealth of Kuwait, KOC is actively involved in handling the housing and development problems in Kuwait.
10. KOC’s Gas Operation Group inaugurated a smart classroom initiative in Ahmadi to impart competitive education meeting the global standards.
11. KOC organises a lot of health awareness programs – Asthma, Obesity etc. to create an awareness and sense of responsibility in the citizens to improve their health and collective health of the society.

Constantly working to improve the conditions of the environment and to uplift the standards of living of the people of its state, KOC has set a standard for others to follow.

Learn more about the CSR initiatives of other companies by visiting our insights section.