Bond Offering Memorandum 23 July 2014 - page 168

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Environment
The Group is subject to various environmental regulations in the jurisdictions where it operates, relating to air emissions
and restrictions on the flaring of gas, the storage, transport, packaging, and handling of contaminated earth and
hazardous materials, and water usage and disposal.
It is the Group’s pledge that it will conduct its activities in an environmentally responsible way, balancing the
environmental and economic needs of the community. All activities will be planned and managed to ensure minimum
environmental impact and sensitivity to the culture and requirements of the people they may affect. Consistent with this,
the Group is committed to:
promoting environmental objectives and responsibilities as an integral part of the duties of management;
conducting an environmental impact assessment study prior to any major project, i.e. drilling, installation of
new facilities;
complying with all applicable environmental laws and regulations and, where adequate laws do not exist,
adopting and applying standards that reflect the Group’s strong commitment to the environment;
evaluating hazards and risks pertaining to the Group’s operations that have the potential to affect the
environment and implementing appropriate control measures to minimise as practicable these risks;
establishing and ensuring that environment management systems, which are designed to protect the
environment, are not only followed, but promote environmentally sound working practices consistent with the
environmental risks and hazards identified and efficient operating conditions;
communicating openly and positively with interested parties on environmental matters and fostering a culture of
concerned, responsible attitudes to environmental issues in its employees. Inviting discussion of the
environmental and social concerns of individuals, communities and organisations directly affected by
operations in which the Group is involved;
rehabilitating as appropriate areas disturbed by exploration or production activities and minimising the
generation of wastes and their environmental effects;
providing appropriate environmental training to staff, including ways to understand and address public concerns
and maintaining appropriate emergency response plans; and
conducting operations in an energy efficient manner and undertaking reviews as appropriate of the progress and
effectiveness of activities in compliance with the above.
Corporate Social Responsibility (“CSR”)
Overview
The Group is a strong believer that good CSR should be the cornerstone of any professional organisation. As part of this
conviction, the Group is committed to sustainable economic development by making positive contributions to the
communities in which it operates including in such areas as employee and community rights, training, health and safety,
the environment and ethical business conduct. The Group works very closely with local communities to address
important aspects of their social needs and the Group endeavours to positively contribute to such needs. The Group is
committed to growing and solidifying its reputation as a responsible and ethical company in the eyes of all its
stakeholders.
The Group employs and trains a large number of local people and at 31 March 2014, approximately 95% of its full-time
employees were local to the country of operation.
Sustainability
The Group believes that its contribution to sustainable development through operating a safe, secure, environmentally
conscious, and socially responsible business adds value to the Group and serves the interest of all its stakeholders. The
Group has voluntarily pledged to implement the generally accepted CSR standards in all its global assets to foster the
sustainability of the Group’s facilities, work force, surrounding environment and the local communities in the countries
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