Corporate Responsibility at Lundin Petroleum Christine Batruch Vice President Corporate Responsibility 10 November 2014 WF11980 p01 10.14
Lundin Petroleum Asset Overview Core Areas: Europe, SE Asia Exploration Norway Development Production Russia Netherlands France Malaysia TOTAL Indonesia 2P reserves: 194 MMboe (1) Contingent resources: 342 MMboe…
Lundin Petroleum AB Company Overview and History Lundin Petroleum AB Introduction Ticker - Stockholm Stock Exchange LUPE An organic growth success story Ticker - Toronto Stock Exchange LUP Shares in Issue, million 311.1 Raised…
Responsible Operations: Lundin Petroleums Vision & Commitment We Ensure Ethical Business Conduct through our CR framework and in alignment with International Initiatives We Provide Safe Operations through strong HSE…
Corporate Responsibility Definition ISO 26000 on Social Responsibility (sec. 2.18) Responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical…
Corporate Responsibility Role CSR has been characterized in a variety of ways Public Relations Self-regulatory mechanism Enlightened self interest Triple bottom line Doing well by doing good In fact CSR is a risk and…
Corporate Responsibility Rationale Risks Perception of Oil conflict, environmental damage, lack of development Operating Areas governance, infrastructure, socio-economic conditions Threats community demands, media/NGO campaigns,…
Corporate Responsibility at Lundin Petroleum Timeline Code of Conduct Human Rights Stakeholder Policy Engagement Policy Health and Safety Human Rights Community Relations Sustainable Investment Whistleblowing UN Guiding EITI…
Corporate Responsibility Management System Lundin Petroleums Corporate Responsibility Approach Health and Safety Policy and Green Book Guided by Code of Conduct Managed by Policies and Guidelines Stakeholder Engagement…
Health, Safety & Environment (HSE) HSE Management System HSE GOALS Zero fatalities Zero incidents Our HSE Approach Zero harm to the environment Guided by HSE Zero Goals HSE Management Managed by Policies, Processes &…
Implementing International Commitments United Nations Global Compact Member Since 2010, Supporting Company since 2013 Staff training on Ten Principles Annual Communication on Progress Member of the Nordic Global Compact Group in…
Implementing International Commitments Extractive Industries Transparency Initiative Supporting Company since 2013 Disclosure of payments in compliant countries Meetings with international and national Secretariats Dialogue with…
Sustainable Investments Programme Implementing LPs commitment to have a positive impact on society , through Community development projects in countries of operations Sustainable Investment Projects R&D projects Matching staff…
Partnership with Lundin Foundation Partnership with the Lundin Foundation aims to increase scale and impact of social and environmental contributions through sustainable long-term projects Lundin Foundation collaborates with…
Partnership with Lundin Foundation Lundin Petroleum contribution to date USD 2.55 million Geographic focus on Southeast Asia (Indonesia, Malaysia) Leverage partnerships with leading organizations in Norway & Sweden Investment…
Stakeholder Views MSCI: AA Rating ISS: Governance Quickscore of 2 indicating low governance risk STOXX: Global ESG Leaders Index Trucost: Natural Capital Leaders Index Handelsbanken: BUY Lundin Petroleum is a sustainability…