Responsible approach
At Cairn, working responsibly means striving to deliver value in a safe, secure, environmentally and socially responsible manner for all our stakeholders.
Within the business, our comprehensive systems and standards help to reinforce our culture while externally, we support a range of agreements and standards that promote responsible working practices. Guided by strong leadership and corporate governance, we operate in accordance with these standards and frameworks.
Internal
Our core values are known as the 3Rs: Building Respect, Nurturing Relationships and Acting Responsibly.
Employees and partners are required to work in accordance with the Code, which sets out our core values, behaviours and Business Principles.
- Health, Safety and Security
- Environment
- Social Responsibility
- Major Accident Prevention
- People
- Tax
Corporate Responsibility Management System
Our key management system instructs employees how to carry out business activities in accordance with the business strategy, Code of Ethics and CR Policies, and is reviewed annually by the Board.
Our Human Rights Guidance defines how we identify, assess and manage potential human rights issues at key project stages.
Anti-Bribery and Corruption
We have a zero-tolerance position on ABC matters – everyone we work with must sign up to our ABC Policy.
External
United Nations Global Compact
We support this initiative for businesses committed to aligning their strategies with universally accepted principles in human rights, labour, the environment and anti-corruption.
Extractive Industries Transparency Initiative
We participate in the EITI, a coalition of governments, companies and organisations promoting payment transparency in the oil, gas and mining sector.
United Nations Sustainable Development Goals
We support the 17 goals, which help to guide us in minimising the impacts and maximising the benefits of our activities in countries where we work.
International Finance Corporation
We align our CRMS with the IFC Performance Standards on Social and Environmental Sustainability.
Modern Slavery Act
We operate in accordance with the UK MSA. Our selection procedure for service providers includes modern slavery assessments, and our MSA Statement is available online.
Task Force on Climate-Related Financial Disclosures
We assess our reporting against TCFD and are committed to complying with its requirements. This year we enhance our reporting by developing a TCFD Index, available here.
Sustainability Accounting Standards Board
We have assessed and aligned our reporting against SASB to improve the quality and transparency of our reporting.