Sustainability is a top priority at Genel, and the Company has various internal policies and standards in place that guide how we achieve our goals and objectives. Genel’s departments are responsible for the implementation of these policies and stands at a local level, subject to the appropriate oversight and reporting within the group.

Our management strategy is rooted in our commitment to being a socially and environmentally responsible energy producer and accordingly the governance structure of the Company ensures that the management of social and environmental risks is integrated across all levels of the business and periodically reassessed.

Our code of conduct defines and sets out the principles that guide all business activities and how we expect our Board, employees, suppliers, partners, and others to behave. Genel also has various internal policies and standards in place that guide how we realise our sustainability goals. Genel’s departments are responsible for the implementation of these policies and standards at a local level, subject to the appropriate oversight and reporting within the Group.

At the highest level Genel’s sustainability journey is outlined by our ESG strategy which was approved by the Board of Directors in 2019. Complementing the strategy is an annual ESG workplans outlining specific tasks and action items that serve as a performance indicator of how well the Group is meeting its stakeholder commitments and mitigating potential ESG risk. Progress on the workplan is reviewed monthly with Genel’s senior management and heads of functions during which other relevant sustainability issues are discussed. ESG has also been integrated into the agenda of our Board meetings, with the Board HSSE Committee taking the lead. Finally, our ESG performance is embedded in the remuneration schemes for all employees, representing a percentage of the total annual bonus.