Working responsibly

Increasing standards

Our strategy is informed by a range of global standards and frameworks that promote responsible corporate behaviour and working practices.

We have aligned our strategy with the 10 principles of the United Nations Global Compact, in the areas of human rights, labour, environment and anti-corruption. Other external developments, including the UN SDGs and the UK Modern Slavery Act, have also informed recent updates to our Code of Ethics and Corporate Responsibility Management System (CRMS).

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The Modern Slavery Act

We have provided Human Rights Guidelines to our business activities for some years. In line with the UK Modern Slavery Act, we have published a statement on how our human rights management arrangements address our zero tolerance to modern slavery.

Read our Modern Slavery Act statement

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Global standards and frameworks

As a signatory to the United Nations Global Compact (UNGC), we have integrated the 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption into our policies and Code of Ethics.

We have integrated the requirements of the International Finance Corporation (IFC) Performance Standards on Social and Environmental Sustainability and the International Oil and Gas Producers (IOGP) standards and best practice guidance into our CRMS.

The graphic below summarises the many standards and frameworks that inform our strategy, against which we measure our performance.

Global standards and frameworks

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Business
  • As a member of the Extractive Industries Transparency Initiative (EITI), we are required to publish what we pay to governments.
  • We report our CR information in accordance with the Global Reporting Initiative (GRI) Standards and Accountability’s AA1000 Accountability Principles Standard (AA1000 APS). These ensure effective engagement with stakeholders, and a focus on materiality.
Society
  • Our CRMS recognises the requirements of ISO 26000 guidance on how organisations can operate in a socially responsible way.
  • We support the principles contained within the Universal Declaration of Human Rights (UDHR).
  • Our work contributes towards many of the UN Sustainable Development Goals (SDGs).
  • In mitigating security risks, our Group Security Procedures also ensure our operations, equipment and training meet the requirements of the Voluntary Principles on Security and Human Rights (VPSHR).
People
  • We are accredited to the Investors in People (IIP) People Management Standard.
  • Our CRMS recognises the requirements of OHSAS 18001, an international standard for occupational health and safety management systems.
Environment
  • Our CRMS recognises the requirements of both ISO 14001, a framework for effective environmental management systems, and OSPAR recommendation 2003/5, a mechanism that requires us to prevent and mitigate adverse environmental impacts.