Natural resources, utilised in the right way, can be a huge benefit to the quality of life in host countries. Genel aims to ensure that this is the case.

We want to be known as a company that cares, that lives our values, listens to the communities affected by our activities and plays an appropriate role in meeting their developmental aspirations. Specifically, we want to be able to build local capacity and create local job opportunities, both with Genel and through creating a local supply chain with highly skilled opportunities.

We partner with and invest in communities close to our operations to achieve mutual long-term benefits, and help local people develop the skills to thrive and play a part as we work with them to unlock the potential of their natural resources.

In line with these efforts, Genel established a new CSR Policy based on the ISO26000 Guidance on Social Responsibility to help manage regional community expectations and the broader internationally accepted scope of CSR associated with labour practices, human rights and the environment. This policy assists Genel’s efforts to apply a systematic methodology to the implementation of the company’s CSR programmes in the future.

The projects Genel sponsors in the KRI are developed after intensive talks with local communities, authorities and the Ministry of Natural Resources (“MNR”). It is through community engagement that Genel identified the most urgent needs and has accordingly made a commitment to concentrate on key areas including economic development, community health, and education.

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Leading Asset Integrity Strategy

At Taq Taq, health and safety management has implemented an Asset Integrity Management Plan to maintain the assets in a fit-for-service condition by means for inspection and condition monitoring activities. The facility utilises a Risk-Based Inspection (‘RBI’) approach, meaning that it focuses on attention to the equipment and associated mechanisms representing the most risk to the facility. RBI represents the next generation of inspection approaches and interval/due date setting, recognising that the goal of inspection is the safety and reliability of operating facilities.