Company Performance
Company Performance
From 2017 to 2020, Vermilion was recognized with a Leadership Level rating of A- in the CDP Climate submission. In 2021, consistent with overall scoring of the upstream oil and gas sector, we received a B. Vermilion also received a B for our CDP Water Security submission in 2020 and 2021.
Vermilion continued its "AA" rating in 2022, on a scale of AAA (leader) to CCC (laggard) in the MSCI ESG Ratings assessment, which reflects exposure to industry-specific ESG risks and the ability to manage those risks. This consistent rating from 2019-2022 continues to reflect Vermilion's commitment to improving company ESG performance and enhanced disclosure on topics relevant to MSCI's detailed assessment process.*
As of July 2022, Vermilion received ISS decile QualityScores of “1” for Environment and "2" for Social disclosures and transparency.
In 2020, we were recognized by the Great Place to Work Institute® as a Best Workplace in Canada and Germany (Lower Saxony and Bremen Region).
We have been recognized annually for excellence in governance practices as part of the Globe and Mail annual Board Games survey since 2006. In 2021, we ranked 3rd in our peer group and 7th among Canadian oil and gas companies.
Our geothermal heat partnership with tomato growers in Parentis, France was recognized by the Government of France’s 2013 Circular Economy Award for Industrial and Regional Ecology.
Year-over-year recognized by the Canadian Coalition for Good Governance for best practices for proxy disclosure in the area of corporate governance relating to directors’ independence and benefits and perquisites. Golden Gavel Award recipient for Best Disclosure of Governance Practices and Approach to Executive Compensation by a small or mid-sized issuer.
* The use by Vermilion Energy Inc of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Vermilion by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.