LinkedIn Contact UsContact Us
Menu

Governance

Vermilion is committed to a high standard of corporate governance practices. Strong governance is in the best interests of our shareholders and promotes effective decision making at the board level. 

Vermilion’s external awards and recognition provide important benchmarks for our strong performance:

The Globe and Mail, Report on Business, Board Games

  • In 2016, Vermilion ranked 3rd within the oil and gas sector, and among the top quartile of companies in the S&P/TSX composite index
  • The evaluation uses a rigorous set of governance criteria that goes beyond minimum mandatory rules imposed by regulators

MSCI ESG Research Inc.

  • Between 2013 and 2017, Vermilion’s MSCI ESG (environment, social and governance) rating increased from BB to A 
  • MSCI’s Governance Metrics Report scores Vermilion at 7.7/10 – in the 90th percentile globally

Terms of Reference

Institutional Shareholder Services (ISS) and Glass Lewis

  • Top decile ISS Governance QuickScore regarding Vermilion’s approach to compensation, shareholder rights and audit / risk oversight
  • Both ISS and Glass Lewis recommended Shareholders vote in favour of Vermilion’s 2017 proxy statement proposals

 Canadian Coalition for Good Governance (CCGG)

  • Vermilion listed in 2016 Best Practices for our Proxy Circular Disclosure report, Director and Board Independence, Benefits and Perquisites
  • Vermilion received the 2014 Governance Gavel Award for Best Disclosure of Governance Practices and Approach to Executive Compensation

Great Place to Work Institute

These achievements demonstrate to investors our commitment to the core values of Excellence, Trust, Respect and Responsibility.

With shares interlisted on the TSX and the NYSE ("VET"), Vermilion is subject to Canadian rules and policies adopted by the TSX and the Canadian Securities Administrators, and rules and listing standards applicable to "foreign private issuers" adopted by the NYSE and the U.S. Securities and Exchange Commission (which give effect to provisions of the Sarbanes-Oxley Act of 2002). Vermilion considers these Canadian corporate governance requirements, NYSE corporate governance rules and listing standards and applicable SEC rules in determining its corporate governance practices. Responsibility to oversee our corporate governance practices is delegated by the board to the Governance and Human Resources Committee, a committee composed entirely of independent directors.  
 
More information about our corporate governance practices and policies is included in our most recent information circular.

Vermilion Energy Inc.
3500, 520 3rd Avenue SW
Calgary, Alberta T2P 0R3
Phone: 1-403-269-4884
Fax: 1-403-476-8100
Investor Relations
Whistleblower
Community Investment
Emergency Contacts