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In a significant move announced on World Energy Day, Vici Energy has officially become a member of the United Nations Global Compact (UNGC) and the UNGC Network UAE. This platform is recognized as a leading voluntary initiative focused on developing, implementing, and disclosing responsible business practices. With this membership, Vici Energy joins a global community that includes over 20,000 corporate entities and 3,800 non-commercial partners across more than 160 countries. These organizations are dedicated to taking responsible business actions aimed at creating a better world. As part of its commitment to the UN Global Compact, Vici Energy will produce an annual Report on Progress (COP). This report will detail the company’s advancements in upholding the ten principles of the UNGC, which encompass areas such as human rights, labor, environment, and anti-corruption. The company’s participation in this initiative further underscores its dedication to supporting the energy transition. Vici Energy plans to invest in renewable energy and innovative technologies to reduce emissions throughout the entire oil and gas supply chain. Through these efforts, the company aims to significantly minimize its environmental impact while addressing the growing global demand for energy resources. Vici Energy recognizes the pivotal role the energy industry plays in shaping the future of the planet. The company is committed to fostering progress and prosperity in the communities it serves while prioritizing environmental preservation for a more sustainable tomorrow. |
