Environmental Stewardship

Climate resilience

In 2018, Tullow undertook a series of benchmarking exercises to assess and review its position regarding climate change. The results of this analysis have been communicated and discussed with the Executive Team, and we are now working on a set of plans that will continually improve both our operational performance and transparency in this area. In 2019, this will include operational reviews of sources of emissions and opportunities for reduction in our Ghana operations. At a Group level, we are reviewing our current process for the analysis of climate risks and resilience of investment decisions with a goal of making it more robust.

Tullow’s total Scope 1 emissions were 1.2 million tonnes of CO²e (2017: 1.6 million tonnes) and 139 tonnes (2017: 185 tonnes) of CO²e per 1,000 tonnes of hydrocarbon produced. The total air emissions decreased by 36 per cent from last year. This was mainly due to the TEN FPSO achieving steady-state operations post commissioning for a protracted period of time (second to third quarter). Emissions from Jubilee FPSO in 2018 compared to 2017 were not significantly different.

Ecosystems

Tullow continues to review and improve its Environmental and Social Impact Assessment (ESIA) work and uphold its stated commitment to not undertake operations in World Heritage Sites, in addition to robust screening of potential new projects against Protected Area Guidelines. During 2018, our Kenya and Ghana operations continued to be assessed by independent monitoring groups and have again demonstrated adherence to the IFC Performance Standards and Tullow IMS Standards.