Sustainability Model
The DMH Sustainability Model as a framework is used to assess and achieve development that meets current needs without compromising future generations' ability to meet their own. Applying common models include the three-pillar model (balancing environmental, social, and economic factors), the five capitals model (managing different types of capital like natural, social, and economic), and business-specific models like the Circular Economy or the Sustainable Business Model Canvas, which helps our organization integrate sustainability into our core operations and strategies.
DMH Global Sustainable Goals
DMH views sustainability as the need to find new chemical technologies to recycle plastics, while incorporating the latest digital technologies to improve plant reliability and safety.
DMH deems sustainability is one of the crucial aspects within the Hydrocarbon Processing Industry (HPI). As DMH is developing a somewhat different definition of what sustainability means to its operations, Hydrocarbon Processing defines “Sustainability in the HPI” as the process of managing available resources, investments and technologies to maintain and optimize operations for greater safety, reliability, efficiency and environmental and social awareness.
Sustainability is a crucial topic within the Oil and Gas industry. Several key technologies & issues in the oil and gas industry must be improved upon. These include: Flaring, water usage, methane emissions, plastics waste/recycling, greenhouse gas emissions and carbon reduction. To help increase sustainable activities, DMH will:
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Make the case for the benefits of what the oil and gas industry provide to the world;
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Encourage industry organizations to make a more effective argument to the benefits the industry provides, especially to society outside the oil and gas industry;
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Get involved in initiatives to make the oil and gas industry cleaner and minimize impact.