Providing detailed information on how we achieve our targets and address our challenges highlights our commitment to responsible communication.
Executive Management Statement for UNGC
As a signatory to the United Nations Global Compact, we confirm our commitment to support the UN Global Compact universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
We acknowledge the importance of corporate responsibility (CR) as it influences operating principles and guides our commitment to conducting business ethically, engage our employees, and protect the environment.
Our CR strategy is about creating value for people, communities, and increasing the impact of our activities. We are committed to building and promoting ethical values and behavior throughout our business and in addition, exert influence and share knowledge with contractors and partners to implement adequate policies and procedures that promote best practice to prevent bribery and promote ethical standards throughout our supply chain.
MPRL E&P, in working towards achieving our mission to be the leading oil and gas company in the country, acknowledges the importance of working responsibly and therefore embed the UNGC principles in our practices.
To access our latest Communication on Progress (CoP) reports, kindly visit the “UN Global Compact website”.
OUR APPROACH TO REPORTING
We are committed to comprehensively understanding the topics relevant to our business operations and significant to our stakeholders. This ongoing endeavor enables us to grasp potential risks, opportunities, and impacts on the economy, environment, and people, including considerations related to human rights, stemming from our planned and ongoing activities.
Since its initiation in FY 2019-2020, our formal materiality assessment, overseen by an independent third party, has identified 11 themes pertinent to the upstream energy industry and MPRL E&P’s operations within the domestic business landscape. In 2022, our updated assessment revealed two additional material topics: economic performance and diversity and inclusion.
The sustained emphasis on health, safety, and wellbeing as a material topic underscores the inherent nature of our business and operational endeavors, as well as our steadfast dedication to ensuring the safety and wellbeing of our workforce. Additionally, we acknowledge the significance of engaging with the communities in the areas where we operate. We continue to collaborate with and learn from the host communities in Mann Field, striving together to achieve mutual prosperity.
Fig. Steps of Our Materiality Assessment
| Our Material Topics | Definition | Related SDGs |
|---|---|---|
| Promoting economic development | Positive economic impacts on communities and local economies | SDG 8: Decent work and economic growth SDG 17: Partnerships for the goals |
| Economic performance | Economic value created and distributed | |
| Business conduct and transparency | Business ethics and communicating our activities | |
| Anti-corruption | Preventing corruption | |
| Grievances and relationships | Ensuring that there are effective mechanisms with non-retaliation policies in place that promote fairness and respect for both workers and communities, further enabling effective engagement between parties | |
| Process safety | Ensuring the safe containment of hazardous substances and preventing unsafe events | SDG 12: Responsible consumption and production SDG 14: Life below water |
| Emissions, wastes and discharges | Reducing our environmental footprint and preventing pollution from operations | |
| Accidental spills and emergencies | Actions taken to prevent pollution during an accidental loss of containment event | |
| Diversity and inclusion | Support employee diversity and prevent discrimination | SDG 8: Decent work and economic growth |
| Talent management | Implementation of best practice in leadership and employee development to attract people to careers at the organization Social inclusion of local communities through access to recruitment opportunities. | |
| Employee health and well-being | Occupational health and safety Promote employee health and well-being. both inside and outside the workplace, touching on encouraging physical activity; promoting healthy diets; and supporting stress management and work-life balance. Workforce engagement and encouraging satisfaction among workers with regards to the company’s employment practices, general working conditions, company culture, and compliance with workers’ rights |
|
| Engaging with communities | Engaging and supporting our communities in a constructive and unbiased manner. Conducting social impact assessments to ensure that community impacts are addressed and deliver additional mutually beneficial support | SDG 16: Peace, justice and strong institutions SDG 17: Partnerships for the goals |
| Protecting human rights | Understanding, due diligence and actions to respect human rights throughout operations and value chain. |
