Sustainability in Action

Pasargad Energy Development Group, based on the group's sustainability strategies and in line with the goals and plans considered in its sustainable development plan, has considered the fulfillment of sustainability requirements in all development and investment projects as well as daily activities and ensures compliance of all activities with these policies. Some of these activities include the following:

Pasargad Energy Group Supports the 14th National Chem-E-Car Competition

In line with its commitment to social responsibility in the field of education, Pasargad Energy Group has pursued various avenues to engage with universities. With a focus on fostering technological advancement and innovation, the group sponsored the 14th edition of the "Chem-E-Car" competition, aimed at promoting the scientific growth and development of young talents in energy and chemical engineering fields.

More chevron The competition, designed to elevate and challenge the technical and scientific expertise of participants while enhancing teamwork skills, was held on February 24-25, 2025, with the support of Pasargad Energy Group. Organized under the supervision of the Iranian Association of Chemical Engineers and hosted by the Chemical Engineering Faculty of Sharif University of Technology and its scientific association, "Kimia," the event brought together 20 teams from universities across the country, along with two high school teams. Participants were tasked with designing small vehicles powered by controlled chemical reactions, capable of carrying a specified load over a set distance. This initiative provided a unique platform for participants to enhance their technical knowledge and collaborative skills, furthering Pasargad Energy Group's mission to support education and innovation in the energy and engineering sectors.

Tree Planting Day: A Step Towards Sustainable Development

Tree planting goes beyond merely planting saplings; it is a movement that aids in the restoration of ecosystem services. These services include reducing coastal erosion, providing habitats for wildlife, mitigating thermal effects, and improving air and water quality, all of which align with the goal of protecting and revitalizing the ecosystem. In line with its commitment to environmental conservation, Pasargad Energy Group has taken a significant step towards reducing its carbon footprint by planting over 7,000 mangrove saplings at Qeshm Dock. This initiative also aims to raise awareness and foster a culture of sustainability in this domain.

More chevron These efforts are part of the group's broader commitment to safeguarding the Earth and its natural resources. In continuation of this sustainable development journey, Pasargad Energy Group commemorated Arbor Day in March 2025 as part of its corporate social responsibility initiatives. The ceremony was held in Qeshm with the participation of local environmental officials and students from Pasargad Zeynab Elementary School. This event not only underscored the importance of environmental preservation but also served as an educational platform for the future stewards of the nation, reinforcing the group's dedication to both ecological conservation and cultural development.

Preventing Crude Oil Burning During Well Testing and Servicing Operations

Burning crude oil during well testing and servicing is a common practice. This not only wastes valuable oil resources but also causes significant environmental pollution. Burning oil in fuel pits releases dangerous pollutants into the air, soil, and surface and groundwater, causing irreparable damage to the environment and ecosystem. Therefore, E&P has prioritized avoiding crude oil burning in its operations. In its Sepehr and Jofir project, E&P uses Mobile Oil Separators (M.O.S.), storage tanks, transport tankers, and pumps to prevent oil burning. This equipment separates crude oil from gases and impurities, enabling transfer to production facilities or pipeline injection.
E&P Pasargad Operations
Using M.O.S. equipment and a temporary storage and transfer system across 12 flow testing and well start-up operations, E&P Pasargad has returned approximately 120,000 barrels of crude oil to the production cycle, conserving resources and positively impacting the environment by reducing pollution and greenhouse gas emissions.

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Greenhouse Gas Emission Reduction
By preventing the burning of 120,000 barrels of crude oil using storage tanks and M.O.S., E&P has reduced CO₂eq emissions by an estimated 61,368 tons. This reduction accounts for both the emissions avoided by not burning the oil (approximately 430 kg CO₂eq per barrel) and the emissions avoided in the extraction and refining process (approximately 81.4 kg CO₂eq per barrel)
Environmental and Safety Benefits
Pollution Prevention: M.O.S. prevents air, soil, and water pollution by separating harmful gases like SO₂ and H₂S released from burning crude oil.
Safety Enhancement: M.O.S. mitigates safety hazards associated with storing high-H₂S crude oil by separating toxic gases, reducing risks of corrosion, leaks, and explosions.
Energy Efficiency: Storing 120,000 barrels of crude oil (equivalent to 19 million liters) for electricity generation or refined fuel production optimizes energy consumption.
Connection to PEDC's Sustainability Goals
By using equipment like M.O.S. and the oil storage and transport system, E&P Pasargad not only improves its operational performance but also advances the following sustainability goals of the PEDC Group:
1. Energy Transition:
o Energy Security: Returning approximately 120,000 barrels of oil to the production cycle prevents the loss of this valuable resource, strengthening energy security. o Energy Efficiency: Utilizing stored oil improves the energy intensity of production and optimizes energy consumption in exploration and extraction.
2. Protecting the Planet:
o Circular Economy: M.O.S. embodies the principles of a circular economy by recovering oil instead of burning it, minimizing waste and maximizing resource utilization. o Greenhouse Gas Emission Management: The reduction of 61,368 tons of CO₂eq demonstrates E&P Pasargad's commitment to combating climate change and achieving global sustainable development goals.
E&P Pasargad's use of M.O.S. and the oil storage and transport system advances PEDC's sustainability goals by improving operational performance and reducing environmental impact. With a planned drilling program of 110 wells, the company anticipates returning 1,100,000 barrels of oil to the production cycle, preventing an estimated 562,540 tons of CO₂eq emissions and generating a combined financial benefit of approximately $105 million ($77 million in operational savings and $28 million in avoided emissions costs).
This success demonstrates that deploying technologies like M.O.S. and the storage and transfer system in oil field development programs aligns with PEDC's sustainability goals for energy transition (energy security and efficiency) and taking care of the planet (circular economy and greenhouse gas emission management). It also represents a crucial step toward achieving sustainable development in the Iranian oil industry.
References
1. EPA - Greenhouse Gas Equivalencies Calculator
2. Masnadi et al. (2018) - Global carbon intensity of crude oil production [1] Mobile Oil Separator

Dar al-Fonoon, the Largest Educational Center in Northwest Iran

Amir Kabir, the founder of Dar al-Fonoon, established a new educational institution when Iran was in dire need of fundamental transformations. With unparalleled foresight, he created a destination for knowledge, science, and innovation. He understood that without education, there would be no path for the nation’s flourishing and progress. In line with its social responsibilities, the Energy Pasargad Group, with the support of Bank Pasargad, constructed the largest and most equipped educational center in northwest Iran in the city of Ardabil, which was officially inaugurated with the presence of the Minister of Education and started its educational activities in October 2024.

More chevron Although the Dar al-Fonoon Ardabil appears modern and is built to the latest construction standards, its beating heart is the same as that which throbbed in the original Dar al-Fonoon in Tehran.

Small Steps, Big Future

Small Steps, Big Future We believe that our responsibilities in the realm of social responsibility within the education sector for foundational ages do not end with the establishment of a school. Therefore, after the inauguration, we maintain our engagement with the school and its students in various ways. For instance, at the Pasargad Zeynabi School in Qeshm, we have given this interaction a new framework by conducting empowerment training courses for teachers and helping to meet the educational needs of the students at the school.

More chevron In this context, in collaboration with the Iranian Society of Chemical Engineers, we organized exciting scientific experiments for the students of the Pasargad Qeshm School over two days, allowing them to experience thrilling moments and create memorable experiences; an experience that represents small steps towards building a great future for them.

How Did the 2024 Student Internship (Bootcamp) Program at Pasargad Energy Group Unfold?

The internship program for university students, aligned with Pasargad Energy Group's commitment to social responsibility in the field of education, was conducted during the past summer. It accommodated 70 students selected based on their professional and technical qualifications. The accepted interns initially participated in structured general and specialized training sessions. After completing these sessions and becoming familiar with the pasargad’s projects in upstream and downstream sectors, they were assigned to specific teams.

More chevron These teams visited projects such as the Sepehr and Jufair oil field development in Ahvaz and Pasargad Energy Group’s facilities on Qeshm Island, including the refinery, power plant, and port. During these visits, they received on-site training tailored to their educational needs. Following the training sessions and visits, the students were distributed among Pasargad Energy Group’s subsidiaries based on their academic fields to complete their internships. Statistics presented at the closing ceremony highlighted the substantial scope of work undertaken during the program. These included:

• 2,968 person-hours of specialized upstream bootcamp training
• 608 person-hours of specialized downstream bootcamp training
• 568 person-hours of organizational behavior training
• 120 person-hours of mentor training
• 416 person-hours of visits to the Sepehr and Jufair oil fields
• 456 person-hours of visits to the refinery, port, and power plant on Qeshm Island
• 284 person-hours of individual coaching sessions
• 280 person-hours of engineering economics classes, Q&A, and practice sessions
• 20 person-hours of direct interaction between the CEO and the interns

The program concluded with a 95% satisfaction rate from the students regarding the internship process. After completing the internship program, the top students from the engineering economics sessions will be recognized. Their final projects will be reviewed, and a presentation session will be held for selected projects. Performance reports will then be compiled and analyzed, leading to the creation of a talent pool. Following PMP and CFA training courses, the interns will be shortlisted for further internship plans. At the closing ceremony, the top supervisors, mentors, and subsidiaries of the internship program were announced and received certificates of appreciation from selected students. Furthermore, the efforts of the Human Capital Deputy Managers of the holding company and its subsidiaries were also acknowledged.

Pasargad Energy Group Hosts Educational Visit for Internship Program 2024 Students at Sepehr and Jofeir Oil Fields

In a bid to fulfill its social responsibility in the education sector, Pasargad Energy Group has created a unique opportunity for outstanding students from universities across the country. As part of the Internship Program 2024, these students are gaining practical and academic exposure to the energy industry. Originally designed for 40 participants, the program saw overwhelming interest, leading to the enrollment of 70 students eager to engage in real-world energy sector experiences.

More chevron During this phase, students from disciplines related to the upstream oil industry visited the Sepehr and Jofeir oil fields, allowing them to get firsthand insights into upstream operations. Additionally, a variety of training sessions were conducted, focusing on specialized skill development, organizational behavior, personal coaching, and engineering economics.

The training included:
• 608 hours of specialized downstream boot camp training
• 568 hours of organizational behavior training
• 120 hours of mentor training
• 456 hours of field visits
• 284 hours of personal coaching sessions
• 280 hours of engineering economics training and problem-solving classes
• 20 hours of face-to-face meetings between the CEO and interns

This comprehensive educational experience received a 95% satisfaction rate from students, underscoring Pasargad Energy Group's commitment to enhancing the practical knowledge and competencies of the nation’s talented youth. The organization not only focuses on educating current students but also seeks to identify and nurture these talents for future enhancements in the specialization and quality of the country's energy sector.

Scientific Visit of Students from Parsargad Energy Group's Internship Program 2024 to Qeshm Island

In line with its social responsibility initiatives in education, the Parsargad Energy Group has provided a unique opportunity for outstanding students from universities across the country to participate in the 2024 Internship Program. This program allows students to gain practical and scientific insights into the energy industry. Originally designed for 40 participants, the program received a lot of positive feedback, ultimately attracting 70 students eager to gain real-world experience in the energy sector.

More chevron During this course, the students visited Qeshm Island, including a refinery, power plant, and strategic docks, to closely observe the processes and complexities within the energy industry. In addition to these visits, various educational sessions focused on specialized skills, organizational behavior, personal coaching, and engineering economics were conducted. The training program included:

• 608 hours of specialized downstream boot camp training
• 568 hours of organizational behavior workshops
• 120 hours of mentor-led sessions
• 456 hours of tours of the refinery, docks, and power plant in Qeshm
• 284 hours of individual coaching
• 280 hours of engineering economics education and troubleshooting
• 20 hours of face-to-face meetings between the CEO and interns

This comprehensive educational experience, which garnered a 95% satisfaction rate from students, underscores the Parsargad Energy Group's commitment to enhancing practical knowledge and advancing the competencies of the nation's elite youth. In addition to focusing on the education of current students, Parsargad Energy is also dedicated to identifying and harnessing talent for the future, aiming to elevate the skill level and quality of the energy industry in the country.

Hoveizeh Pasargad School Officially Inaugurated

Hoveizeh Pasargad School, located in the village of Maleh Haj Badr Hoveizeh, has commenced its educational activities since the beginning of the Iranian academic year 1402. Established as a high school with the aim of providing future employment opportunities for students in industrial projects in the West Karun region, the school was officially inaugurated on the eighteenth of Esfand (March 8) in a ceremony attended by the city governor,

More chevron the head of the Education Department, Majid Qasemi, CEO of Pasargad Bank, Alireza Sadeghabadi, CEO of Pasargad Energy Group, and other dignitaries. Constructed within a short timeframe, the Hoveizeh Pasargad School spans an area of 6,000 square meters, with a building area of 1,000 square meters. It is equipped with six classrooms, administrative spaces, a prayer room, cafeteria, practical workshop, laboratory, library, and a 450-square-meter playground. The school, furnished with complete cooling, heating, administrative, and educational facilities, was built by Siavantadbir, a subsidiary of the Pasargad Energy Holding, adhering to engineering standards, safety principles, and utilizing high-quality materials. Following the provision of necessary infrastructure, the school has been serving the students of Haj Badr village since Aban of the current year. Its official inauguration coincided with the opening of the Sepehr and Jofeir Oil Fields on the eighteenth of Esfand.

Energy transition >> Renewable energy

One of the main and important approaches of the Pasargad Energy Development Group in the field of energy transition is investing in solar power plants as a form of clean energy.  Considering Iran's geographical location and potential in expanding the share of solar energy in the country's energy portfolio, PEDC has put the development of this sector on the agenda. 

More chevron In this regard, the Damghan solar power plant, which is one of the most modern solar power plants in the country and as the country's first bifacial power plant with a capacity of 10 megawatts, has been put into operation with the efforts of domestic experts and the determination of the Pasargad Energy Development Group in line with the group's strategy to provide sustainable and renewable energy in the country.

bright future by moving on the path of sustainable development

Pasargad Energy Group doesn't just focus on its bottom line; it's also deeply committed to giving back to the community and protecting the environment. From supporting local education initiatives to fostering stronger ties between academia and industry, and even lending a helping hand to children with autism spectrum disorders, the group's efforts extend far beyond profit margins.

Morechevron Furthermore, their dedication to environmental sustainability is evident in their extensive initiatives, ranging from renewable energy projects to reducing reliance on fossil fuels. By investing in renewable energy power plants, they're not only preserving the environment but also paving the way for a greener future. For Pasargad Energy Group, fulfilling their social responsibilities isn't just about ticking boxes; it's a genuine belief that drives their actions. Their commitment to sustainability isn't just lip service; it's a sincere commitment to building a better, cleaner future for generations to come.

Qeshm Movaled desalination Utilities

Productivity in water

Considering the water tensions in the south of the country and the lack of healthy and sustainable drinking water in Qeshm Island, as one of the main investment areas of our Group, we are taking action in line with our social responsibilities and our sustainable development policies. We have developed the infrastructure for the production of clean and healthy drinking water in this island. In this regard, water desalination equipment was set up in Qeshm Movald power plant to meet the needs of the projects and to meet part of the water needs of the island. Currently, a contract for the supply of 5,000 cubic meters of Healthy drinking water has been concluded with the Hormozgan province Water and waste water Co. to supply the water needed by the cities of Darghan, Laaft and the surrounding villages.

Investment in a knowledge-based economy in the upstream value chains of oil

production of Local/domestic value

Pasargad Energy Development Group, in line with its sustainable development policies and in order to produce internal (Local/Domestic) value and make maximum use of local Capabilities, concluded a cooperation agreement worth 200 million dollars The Vice Presidency for Science, Technology and Knowledge-based Economy of Iran on the topic of knowledge-based economy in the upstream value chains of oil. Our policy is to empower indigenous knowledge-based companies in order to achieve the sustainable development goals of Pasargad Energy Development Group and for social and economic development of the country.

 

 

Pasargad Schools

Training // Local Communities

Pasargad Energy Development Company, simultaneously with the development of industrial and economic infrastructure in different parts of the country and with the aim of empowering local communities and fulfilling its social responsibilities, has been developing, building and equipping schools in less privileged areas. These schools are equipped with the most up-to-date educational facilities and have been developed with the aim of empowering local people to respond to the needs of human experts in the group's long-term projects, as well as developing local capabilities and improving the quality of life in deprived areas.

In this regard, so far 14000 square meters of equipped and safe educational space has been developed by this group in different underprivileged areas of the country.

 

Urmia combined cycle power plant

Energy efficiency // Energy diversity and security

Pasargad Energy Development Group, in line with its policy of reducing greenhouse gas emissions and realizing a low-carbon economy, and in line with the policy of increasing the efficiency of energy production, by launching and completing the third steam unit of the Urmia combined cycle power plant and connecting it to the electricity grid, saves a billion cubic meters of gas per year and prevented the annual release of nearly 2 billion kilograms of carbon gas into the atmosphere. Our approach to realize a low-carbon energy supply chain at the same time as ensuring energy security in the country.

Supporting the Autism Association

health and well-being // peace, Justice and strong institution

PEDC Group has provided financial and spiritual support to Iran's Autism Association to realize social justice and equality and support civil community.

 Paying attention to the needs of these loved ones and solving some of these needs has been one of the serious and important programs of the groups, and in this regard, all kinds of financial and spiritual support to this community is part of the activities related to our social responsibilities. Considering that the golden age of diagnosing and rehabilitating autistic children is between the ages of 2 and 7, PEDC has provided financial support to at least 150 children of this age group of Khuzestan and Sistan & Baluchistan provinces, which includes speech therapy, occupational therapy, behavioral therapy, etc.

Supporting the Autism Association

Participation in the expansion of service centers for people with autism

Participating in the development of the Comprehensive Autism Center, as well as equipping autism-friendly center for autistic children under the age of 12, has been one of the efforts of this group to support this spectrum.

 Also, in order to attract the participation and support of other large companies in the country's energy sector, this group has organized programs such as allocating a part of the exhibition hall to introduce the capabilities and opportunities of supporting this spectrum, holding charity auctions of paintings related to the oil industry and etc. These efforts have led to equipping and setting up 2 rehabilitation centers in underprivileged areas of Tehran.

Protection and development of green space and combating deforestation

Life on land

Eliminating or minimizing the damage to land ecosystems due to the possible adverse effects caused by our projects in different geographical regions of the country is one of our main policies.

 Revival of damaged vegetation and development of green space during the implementation of projects and minimizing interventions in the ecosystem is our definite plan in completing projects based on this policy.

 Planting more than 5000 mangrove trees to restore the natural cover of the construction area of Pasargad Qeshm port, which had resulted in the damage of 500 trees, the development of green space equal to 10% of the entire project space through the selection of native plants in a sustainable way (with an area of approximately 40 hectares) and dealing with the phenomenon of desertification in the field development projects are part of the actions taken by the Pasargad Energy Development Group.