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Glossary
A
- AA1000SES
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AccountAbility AA1000 Stakeholder Engagement Standard
- ACET
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Assists African governments to achieve long-term economic growth and transformation www.acetforafrica.org
B
C
- CCDP
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Community Consultation and Disclosure Programme
- Conship
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A wholly owned Ghanaian freight forwarding and logistics company www.conshiponline.com
- CNOOC
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China National Offshore Oil Company
- CR
-
Corporate Responsibility
- CSO
-
Civil Society Organisation
E
- E&A
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Exploration and Appraisal
- EHS
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Environment, Health and Safety
- EHSMS
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EHS Management System
- EIA
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Environmental Impact Assessment
- EITI
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Extractive Industries Transparency Initiative
- EMS
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Environmental Management System
- ENSCO
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Provider of offshore contract drilling services to the oil and gas industry www.enscoplc.com
- ES
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Environmental Statement
- Eirik Raude (The)
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a fifth-generation semi-submersible drilling unit
- ESIA
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Environmental and Social Impact Assessment
F
- Farm-down
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the sale of a percentage of a licence interest to another company
- FPSO
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Floating Production Storage and Offloading vessel
- FTSE 100
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Equity index whose constituents are the 100 largest UK listed companies by market capitalisation
G
- GHG
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Greenhouse gases
- GIS
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Geographic Information System
- GOELF
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Ghana Offshore Emergency Leadership Forum
- GRI
-
Global Reporting Initiative
H
- H&S
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Health and Safety
- HiPo
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High Potential Incident
- HiPoFR
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HiPo Frequency Rate measured in HiPos per million hours worked
- HR
-
Human Resources
I
- IFR
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International Regulators Forum
- IMS
-
Information Management System
- IPIECA
-
International Petroleum Industry Environmental Conservation Association
- ISAE
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International Standards on Assurance Engagements
- ISO
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International Organization for Standardization
K
L
M
- MSF
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Multi-stakeholder forum
N
O
- OGP
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International Association of Oil and Gas Producers (The)
- ONE
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Grassroots advocacy and campaigning organisation fighting extreme poverty and preventable diseases www.one.org
- OHSAS
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Occupational Health & Safety Advisory Services
- OSRL
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Oil Spill Response Ltd
- OSPRAG
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Oil Spill Prevention and Response Advisory Group
R
- RBM
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Regional Business Manager
S
- Safety Case
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A document or suite of documents that identifies, assesses, and documents major hazards
- SE
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Social Enterprise
- SMC
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Senior Management Committee
- SRI
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Socially responsible investment
- sq km
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Square kilometres
T
- toes
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Tullow Oil Environmental Standards
- TRI
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Total Recordable Injuries
- TRIFR
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TRI Frequency Rate measure in TRIs per million hours worked
U
V
- VAFR
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Vehicle Accident Frequency Rate measured in vehicle accidents per million kms driven
W
- Well engineering
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is responsible for the design, construction and maintenance of wells
- Well integrity
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relates to the safety and ongoing viability of a well during its entire lifecycle
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Measuring our progress
We made good progress this year in corporate responsibility performance. The targets we are setting to assess our progress are increasingly informed by our stakeholder engagement processes.
This year we have set out a summary of our 2010/2011 performance highlights and our 2011/2012 objectives. Detailed information is included on each area in this section of the report and there is more information online.
2009/2010 objectives
To measure our ongoing progress in the area of corporate responsibility we set ourselves annual targets and objectives. In our 2009 Corporate Responsibility report we set out 50 realistic but stretching targets for 2010 and into 2011. We achieved or completed 55% of those objectives; 32% are ongoing this year and 13% were not achieved. Those not achieved relate mainly to EHS quantitative targets that were not delivered in 2010.
Progress against 2009/10 targets
 |
Target completed | 55% |
 |
Target ongoing | 32% |
 |
Target not achieved | 13% |
2010/2011 objectives
Stakeholder engagement
2010 crystallised the need for proactive rather than reactive external stakeholder engagement across the business. We have embarked on developing a more structured stakeholder management programme including hosting our first multi-stakeholder forum in London. The work to define and roll-out our improved approach to external stakeholder engagement will be completed in 2011.
Environment, Health and Safety
EHS performance improved in 2010 and there was significant systems and process development. There were zero high potential environmental incidents although our safety performance did not deliver against all expected targets. The highlight of 2010 was the safe and successful start-up and commissioning of the FPSO in the Jubilee field, offshore Ghana, which delivered First Oil in November 2010.
People
There was a record 40% increase in permanent employees whose number grew to 935 people by the end of 2010. Our total workforce, including contractors, reached 1,232 people. The main areas of growth were Africa and our London head office; both in support of our major development projects in Ghana and Uganda.
Social Enterprise
We continued to support community-based projects in four focus areas: health, education, enterprise development and the environment. We spent $2.6 million on over 70 projects, designed to address the priorities of our local stakeholders as well as to align with our overall business objectives. 72% of our 2010 social enterprise expenditure was in Africa.
Performance
Visit our website for full details on our 2010 EHS performance.
Inclusive engagement
We are moving our external stakeholder engagement to the next level, mirroring our step change as a business.
Environment
Being disciplined in deepwater activities has been identified as one of the most important issues for the industry this year.
