Sustainability

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Sustainability

Our sustainability vision

Genel aims to be a responsible producer of natural resources which contribute to the global energy mix, in a way that fits this phase of the energy transition.

2023 highlights

invested in social projects in 2023

$ 0
social and community investments over the past twenty years

0
Below industry average equity-based carbon intensity

0 kg CO₂e/bbl
local contractor employment opportunities in Somaliland

0
Genel20 Scholarship students receiving a four-year university scholarship in the KRI

20
CDP climate score

B
Tier 1 or Tier 2 Process Safety Events

Zero
hours worked incident free

0

Climate risks

We’re acutely aware of the risks of climate change and the energy transition challenge. Our industry has a critical role to play in this next chapter, providing energy security. Genel is poised to be part of a positive transition, with a portfolio designed to fit a future of fewer and better natural resource projects as a low-carbon intensity and high net margin business.

Genel transport and workers with clip board

Being a responsible business

As we navigate the energy transition, we will do so acknowledging the responsibilities we also carry to the following:

The health, safety and wellbeing of our workforce
Our host communities
The natural environment in which we operate
Our business ethics

Guided by the UN Sustainable Development Goals

The United Nations Sustainable Development Goals (UNSDGs) have provided us with a ‘blueprint to achieve a better and more sustainable future for all’ since 2015. Four in particular help focus Genel’s efforts to manage our business, employee and community relationships, and our environmental footprint as we develop and run sites.

Sustainability disclosures

Genel publishes an annual Sustainability Report and makes public disclosures to key not-for-profit organisations:

CDP
International Association of Oil and Gas Producers (IOGP)
UN Global Compact Communication on Progress.

Sustainability Report

Genel has published its fourth comprehensive Sustainability Report, detailing our activities as we aim to positively impact the communities in which we operate, and meet head on the challenges associated with the energy transition.