We continue to benchmark our health, safety and environmental (HSE) performance by participating in annual surveys carried out by the International Association of Oil & Gas Producers (IOGP). The IOGP has been collecting safety and environmental data on a voluntary basis from its member companies globally for many years, compiling the largest database of HSE performance in oil and gas exploration and production. IOGP produces annual reports that provide trend analysis and benchmarking, and identify areas and activities that can improve performance.
We also work with organisations such as FTSE4Good, the CDP and the research agency Vigeo Eiris, which assesses and reports on a wide range of environmental, social and governance (ESG) issues for the investment community.
To ensure we stay current and keep pace with the latest good practice reporting mechanisms, we routinely look at and review how our sector leaders and peers report. We are continually seeking ways to improve transparency and integration of CR issues in our Annual Report and to better demonstrate value to our stakeholders.
In 2016, our 2015 Annual Report was highly commended in the PwC Building Trust in Corporate Reporting Awards for ‘excellence in reporting’ in the FTSE 250.