ONHYM has also developed sustainable development initiatives at company level and in the regions in which it operates through its own resources or with its partners.
In accordance with the wishes reiterated by His Majesty The King Mohammed VI, may God assist Him, on several occasions, all sectoral development projects are part of a sustainable development strategy that promotes a balance between the environmental, economic and social dimensions. Their objectives are to improve the living conditions of citizens, strengthen the sustainable management of natural resources and promote environmentally friendly economic activities. As part of its commitment to continuous improvement, ONHYM strictly complies with the regulations applicable to its activities and develops performance standards in line with the best international practices in the hydrocarbon and mining industry. In terms of hydrocarbon production, ONHYM contributes indirectly to the reduction of CO2 emissions. In this respect, gas sales to its customers in the Meskala and Gharb regions make it possible to reduce by half the CO2 emissions that would have occurred if the equivalent fuel oil had been used. ONHYM has also converted all Meskala generators to gas-fired units and continues to do so for Gharb. A carbon audit covering all ONHYM facilities is being prepared. Specific actions (limitation of gas flaring, reduction of the impact of lighting, dematerialization of many operations, etc.) are currently being evaluated. On the environmental level, ONHYM ensures the use of best environmental practices and, where appropriate, the recovery of sites in the event of damage. Impact studies are systematically carried out before the start of projects with the implementation of a well-defined process for the validation and acceptability of results. In the mining sector, ONHYM subsidiaries and holding companies continued their social and societal actions this year in partnership with the communities around their production sites.
Environmental initiatives carried out by ONHYM:
With regard to the mining sector, ONHYM subsidiaries, in particular the Société Anonyme Chérifienne d’Études Minières (SACEM), carried out several social and environmental actions in 2017, such as
Corporate Social Responsibility (CSR) is defined as the responsibility of companies for the effects they have on society. Being a main concern in its approach, ONHYM has put in place a CSR strategy focusing essentially on the following areas:
1. Identification of non-financial issues and stakeholders’ mapping
2. Adoption of consultation practises and consideration of stakeholders’ expectations
3. Implementation of risk management programmes
4. Increased monitoring of safety principles
5. Social, societal and especially environmental monitoring
6. Support for innovation
ONHYM has also developed sustainable development initiatives at company level and in the regions in which it operates through its own resources or with its partners.