ESG highlights

The Board of Tullow oversees the indentification, assessment and response to principal risks annually, including climate change, and monitors the effectiveness of our risk management process through the year.

For more information on risks and opportunities, view our Annual Report and our Sustainability Report.

We used a double materiality assessement to develop our sustainability approach

"The double materiality assessment and our engagement with internal and external stakeholders reconfirmed the sustainability topics that are most important to the business and our stakeholders. We sought to simplify how we frame those sustainability topics to ensure that they are well understood and have grouped them under three core themes: people, climate and nature."

Julia Ross, Director of People and Sustainability

Care for people

• Consider the needs of all people touched by our business, including our workforce, communities in our host countries and our supply chain.
• Focus on creating an inclusive culture and local workforce, promoting health, safety and wellbeing.
• Assure the integrity of our assets and maintain process safety.
• Respect human rights both in our Company and across our extended supply chain.
• Manage our impacts on people and build trusting and respectiful relationships through engagement and proactive collaboration.
• Contribute to socio-economic development through investment in skills, entrepreneurship and supplier capabilities.

Achieve Net Zero

• Eliminate routine flaring in our operations to reduce greenhouse gas emissions.
• Advance incremental operational efficiencies to minimise energy consumption and adopt clean energy solutions where possible.
• Invest in nature-based solutions to offset hard-to-abate residual emissions.

Respect the environment

• Mitigate our environmental impacts through effective management systems.
• Minimise impact from overuse of materials, waster and pollution.
• Enhance biodiversity practices and protect ocean health through proactive monitoring and conservation activities.

Our Board members bring a diversity of skills and experience to guide the business in sustainability matters.

The Board receives regular updates on sustainability, particularly climate-related, from the Audit Committee and the Safety and Sustainability Commitee. The Board has delegated responsibility for overseeing the deliver of our Net Zero plan to the Safety and Sustainability Committee and embedded sustainability-related metrics in KPIs and renumeration arrangements.

The Senior Leadership Team is responsible for implementing the sustainability approach, supported by the Director of People and Sustainability and the sustainability function.

Performance data for 2024