Addressing Climate Change

• Carbon Emission Reduction: FIOC is committed to cutting greenhouse gas (GHG) emissions across our operations. We are investing in carbon capture and storage (CCS) technologies, upgrading our facilities to improve energy efficiency, and implementing low-carbon solutions throughout our value chain.
• Energy Efficiency Initiatives: By optimizing our refining processes and integrating energy-efficient technologies, we have significantly reduced energy consumption. Our focus on reducing flaring and improving energy use has helped lower emissions while enhancing operational performance.
• Investment in Clean Energy: FIOC is diversifying its energy portfolio by exploring opportunities in renewable energy sources such as solar, wind, and bioenergy. Our long-term strategy includes increasing our investments in clean energy projects to support global decarbonization efforts.
• Climate Resilience: We are actively working to adapt our infrastructure and operations to the risks posed by climate change, including extreme weather events and changing resource availability. By improving resilience, we aim to ensure that our business remains sustainable and capable of meeting future energy demands in a changing climate.
• Industry Leadership: As part of our commitment to addressing climate change, FIOC is a member of various global initiatives aimed at reducing the oil and gas sector’s carbon footprint. We collaborate with industry peers, governments, and research institutions to develop and implement climate solutions on a global scale.

Our dedication to addressing climate change goes beyond reducing emissions—it’s about transforming the way we operate and contributing to a more sustainable energy future for all.