In 2021, Aramco commenced the roll-out of a corporate execution plan to apply the principles listed below across the Company’s value chain. As part of institutionalizing circular economy practices, we introduced an operational excellence process to guide all departments on their journey to increase circularity. We then executed a pilot project across multiple departments that successfully implemented more than 200 circular economy initiatives.
Over the next few years, Aramco executed a broader roll-out of the plan, introducing our seven circularity principles into our capital project guidelines and engineering standards.
Aramco’s seven principles for circularity:
- Design for the circular economy
- Build a circular supply chain
- Reduce environmental impact
- Preserve and extend resources and asset life-cycles
- Use regenerative and renewable resources
- Turn waste into resources
- Adapt innovative technologies
Since 2024, the company has been accelerating the adoption of circularity models across our operations from design and engineering to procurement, construction, and information technology. In just that year we implemented over 300 circular economy initiatives across our various value chains, with the aim of improving circularity as well as operational efficiency, safety, economic performance, and social impact. Some examples include the Drilling and Workover Circularity Program, the Procurement and Supply Chain Circular Economy Program, and the Excess Materials Management System.
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