Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) announced the formation of a specialized Sustainability, Health, Safety, and Environment Committee following a board of directors decision.

The new committee is designed to strengthen corporate governance and integrate environmental, social, and governance (ESG) considerations into the company’s core investment decisions and operational strategies.

The committee will be chaired by Abdullah Al Suwailem, with Nabila Al Tunisi and Omar Al Bassam serving as members.

According to the regulatory filing, the appointees bring extensive leadership experience in safety and environmental performance to the oversight body.

The committee is tasked with supporting the board in supervising policies that align with Luberef’s commitment to sustainable practices and high safety standards.

The term for the committee members is set to coincide with the current term of the board of directors. The membership period for the three officials is scheduled to conclude on 14 August  2027. This move follows the company's efforts to institutionalize its sustainability framework within its governance structure.