Africa Oil Corp. (“Africa Oil”) is committed to operating in a socially responsible and transparent manner.
We recognize that oil and gas activities may result in disturbances to the local communities in our areas of operation. Our goal is to ensure that activities for which we are responsible cause no harm to our people or local communities and that we build effective relationship with local communities and other stakeholders.
We operate as responsible stewards in compliance with the applicable laws and regulations of the countries in which we operate, and we manage our activities based on good international industry practice, including the Performance Standards on Environmental and Social Sustainability of the International Finance Corporation. Where national law and good industry practice differ, we will follow the most stringent requirement.
Stakeholders are people or organizations which may be affected by or influence our activities, such as shareholders, employees, governments and local communities, charitable organizations, as well as our business partners, contractors, industry groups, non-governmental organizations (NGOs), international organizations, academics and media.
This Policy applies to all staff at Africa Oil and our Operated Assets, including our contractors and sub- contractors.
Where we do not have operational control, we encourage, support and work with our operating partners to the extent possible to act in a manner consistent with the commitments set out in this Policy.
This Policy will be reviewed on a regular basis to ensure that it continues to support and encourage a high standard of health and safety performance on our projects.
Africa Oil’s Chief Operating Officer has overall responsibility for the implementation and enforcement of this policy.
Senior leadership within Africa Oil and its subsidiaries are accountable for the implementation of, and adherence to, this Policy.
At country level, the VP Operations (or similar) has the ultimate responsibility for identifying and engaging with relevant stakeholders as well as communicating internal and external stakeholder concerns or proposals.
Adopted by the Board on 6 May 2021