SOCIAL RESPONSIBILITY
In order to enhance the standard of living and hasten the economic growth of the areas in which the company operates, the Group creates and carries out a large number of social and charity projects. KASB PETROLEUM FZCO collaborates closely with local and regional authorities in order to accomplish this. The Group is dedicated to fulfilling the terms of the Agreement on Social and Economic Cooperation that it has signed with the Government. KASB PETROLEUM FZCO was added to the United Arab Emirates. Register of Socially Responsible Companies in recognition of its proactive social and philanthropic endeavors.
Support for medical and educational institutions
Additionally, it promotes sports, leisure, education, and cultural events. In isolated parts of the Dubia region, KASB PETROLEUM FZCO Oil's job-creating initiative contributes to a lower unemployment rate. The municipal budgets also receive funding from the company's taxes.
Developing local communities
The company considers local residents' opinions about the locations of future production facilities, camps, and transportation infrastructure in order to reduce its detrimental effects on the way of life of indigenous peoples and other ethnic groups. As part of the regional initiative "Organization and Protection of Native Habitats," the company offers community assistance. Tech-Nefkhim Zel Additionally, it provides funding for cultural events in which indigenous peoples participate. As an illustration, the business sponsored the Mingachevir indigenous peoples' inaugural celebration.