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Highlights from the 2013 CR Report include:
- Tullow’s commitment to Local Content: in 2013, Tullow spent $217 million with local suppliers, representing a 49% increase on the previous year;
- Our transparent disclosure of payments: reporting in line with, and ahead of, the implementation of the EU Accounting Directive, Tullow disclosed payments to major stakeholders, including governments, employees, local suppliers, shareholders and communities of over $1.6 billion; and
- In line with best practice, the report contains disclosure from the Global Reporting Initiative’s (GRI) new G4 guidelines. The GRI guidelines encourage companies to report on sustainability practices and performance in a transparent way, using a globally shared framework of indicators.
SIMON THOMPSON, CHAIRMAN AND AIDAN HEAVEY, CEO, COMMENTED:
“Part of our responsibility is to try and create coalitions of interests, making people aware of the opportunities and challenges and building a common vision of the outcomes we all aspire to. This is why we publish a detailed Corporate Responsibility report every year.”
Simon Thompson, Chairman, Tullow Oil Plc.
“Creating shared prosperity is a never-ending journey. What I want is for Tullow to deliver year-on-year progress that continues to show how seriously we take our responsibilities.”
Aidan Heavey, CEO, Tullow Oil Plc.
Contacts
Tullow Investor Relations | Camarco (Media) |
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ir@tullowoil.com |
(+44 20 3757 4980) |
Notes to editors
Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow's operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW). For further information, please refer to: www.tullowoil.com.
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