Investor Presentaiton
Environmental, Social, Governance
Cultural alignment and shared track record for environmental stewardship enhances Combined
Company's ability to deliver an effective ESG agenda
Track Record and Commitment of Combined Group
Environmental
> Zero significant reportable environmental incidents past 5/10 years
> Broadening sustainability approach to align with new required reporting
> Sharpening emphasis on sustainability risk mitigation across Supply Chain, EHS and HR
> Greater scale enhances ability to develop and implement additional ESG controls
VAALCO Select ESG Performance
> Zero significant reportable hydrocarbon
(oil) spills over c.20 year operating history
> Undertook a comprehensive baseline study
to manage and reduce carbon footprint
> Contributed towards the installation of
water wells, solar lights, and supply of
medical equipment and rebuilding of
schools in Gabon
Social
Governance
> Exceptional operational and process safety performance
> Track record of significant socio-economic contributions to host countries:
-
Tax and royalty payments
Spend with national suppliers
Advanced workforce nationalization programs, in step with local content objectives
> Social license to operate underpinned by proactive community and NGO engagement
> Further strengthening Governance foundation to build even greater consistency
> Focused on multiple reporting frameworks including SASB, GRI and TCFD
> Globalizing the process, protocols and systems to improve more consistent
reporting and performance
TransGlobe Select ESG Performance
> Currently assessing venting elimination
and pump/heater power options
> Established HSES (2) & integrity
management system
> Supported the purchase of 50 new
houses for families affected by floods
and the purchase and delivery of Covid
relief packages in Egypt
(1)
TRCF: Total Recordable Case Frequency
(2)
HSES: Health Safety and Environmental Services
Slide 18View entire presentation