WTI $87.35
Brent $89.91

ESG Strategy

Transparent and Comprehendible Reporting

We believe in reporting and disclosing information in a transparent and comprehendible manner that allow stakeholders to see our progress and commitments. While disclosingEnvironmental, Social, Governance (ESG) and Corporate Social Responsibility (CSR) information is becoming a standardized process, we have always believed in operating sustainably, safely, and effectively. We have undertaken several environmental, social, and governance initiatives that reflect our corporate values and culture.

We strive to maintain a close and long-lasting relationship with our stakeholders. We define stakeholders as individuals, communities, and organizations that may be impacted by Maha operations. Because stakeholders and Maha are intertwined, stakeholder engagement is a key element in our business strategy. We recognize the importance to address risks, opportunities as well as observe the interests of the investor/stakeholder community.

We recognize the interest in companies with integrated Environmental, Social, and Governance (ESG) factors into the corporate model and its impacts on performance. We see external ESG ratings as a guide for us to report with higher quality and greater transparency. We believe sustainability must go hand in hand with our business model.


Corporate Responsibility Initiatives and Operations

Maha acknowledge there is a number of ESG Reporting Firms with differing categories and scoring systems. While Maha will continue to strive to better its ongoing corporate responsibility initiatives and operations, the Company endeavours to use the industry recognized Global Reporting Initiative to (GRI) and Sustainability Accounting Standards Board (SASB) as the reporting frameworks, while also respecting the United Nations Sustainable Development Goals (UN SDGs).