Corporate Responsibility

Operating in a responsible and sustainable manner is essential to Energean Oil & Gas.



In addition to the expectations of stakeholders, Corporate Social Responsibility (CSR) is a fundamental guiding principle of how we run our business. We believe that striving for the best possible CSR helps us to manage risks and fully capitalise on the opportunities presented to us in a changing world.

The objective of Energean Oil & Gas is to generate sustainable prosperity through its business operations.

We are therefore committed to conducting our operations responsibly, which means supporting local communities and caring for the environment, as well as looking after the health and safety of our employees.

Our CSR policy is rooted in our company values, guided by international standards and best practices, and driven by our aspiration for excellence in every area of our business.

Our Chief Executive is ultimately accountable for our CSR, supported by our CSR Team. The Company’s Board of Directors has ultimate responsibility for reviewing and approving the CSR strategy of Energean Oil & Gas and for monitoring our progress in achieving sustainability objectives through regular performance reviews and reporting.

All business units of Energean Oil & Gas are accountable for developing and implementing the Company’s CSR strategy and, where appropriate, our progress against our targets is independently assured.

We focus our CSR activities in the following key impact areas:


Corporate Governance

Energean is committed to maintaining the highest standards of integrity and corporate governance practices in order to maintain excellence in its daily operations, and to promote confidence in its governance systems.

The company aims to conduct its business in an open, honest and ethical manner.

Towards this goal, Energean documents procedures in order to evaluate the adequacy and effectiveness of internal control system and risk exposures relating to governance, operations and information systems. Furthermore, the company enhances transparency through complying with applicable laws and regulations and refrains from any kind of bribes and corrupt business.

Human Capital

The Company’s ability to achieve its goals is dependent on a talented, engaged workforce in all areas and countries in which it operates.

Energean Oil & Gas collaborates with its employees to build and maintain a congenial workplace and to contribute to the improvement of the business as a whole and the development of individual employees. Furthermore, Energean promotes respect for human and labor rights, ensures equal opportunities and has a zero tolerance policy towards discrimination and harassment.

We seek to guarantee that all employees are treated fairly and with dignity and consideration for their goals and aspirations.

The Company embraces diversity in the workplace and strives to provide an environment where people feel supported to develop their skills, while working unanimously towards our business objectives.

 

Workplace Health and Safety

Energean is committed to protecting the health and safety of all individuals affected by its corporate activities, including employees, contractors and the public.

Our goal is to maintain a zero accident record and we are continually looking for ways to improve our Health and Safety Management System, as we aim to achieve accreditation for international safety standards and best practice.

Environment

Energean recognizes the importance of understanding the impact of its activities on the environment and we are therefore working to continually improve our Environmental Management System. Our aim is to achieve accreditation for international environmental standards and best practice.

Our environmental responsibilities are addressed throughput the value chain and we are constantly investing in ways to reduce our carbon footprint and waste as well as to enhance our energy and water efficiency.

Community Involvement

The areas in which we operate are the core of our activities. We aim to conduct our operations in a socially responsible manner and seek to make positive contributions to the local economies.

Our goal is to improve and maintain the wellbeing of all communities local to our operations. We work to establish long-term relationships within these communities and support our employees in volunteering for local causes, as we believe such initiatives benefit our staff as well as the communities they are helping.

Our activitieS focus on health, education and employment and are conducted in partnership with local people, NGOs, local authorities and other stakeholders. We are committed to making a positive, sustainable impact in these areas.

Our Summarized Activities

2016 CSR Community Factsheet

2015 CSR Community Factsheet

2014 CSR Community Factsheet