Our approach to sustainability, and our business in general, is to prioritize safety and the environment over profitability: the safety and health of our employees, contractors and those directly or indirectly involved in our operations is placed above all else.102-15
Vermilion’s sustainability report is our way of communicating how we identify the economic, environmental and social impacts of our operations, and how we integrate their associated opportunities and risks into our business strategy. Our sustainability vision is closely aligned with our company’s purpose: as an international company, we responsibly produce essential energy while delivering long-term value to our people, shareholders, customers, partners and communities
We understand our duty to operate in a manner that protects the health and safety of our people and communities, provides responsible stewardship over the environment, and treats our people, partners and suppliers respectfully and fairly.
From the landowners with whom we share the landscape, to the families and businesses that rely on oil and gas to fuel their daily needs, our exploration and production activities have potential effects on a wide range of stakeholders who expect Vermilion to deliver consistently strong financial results in a responsible and ethical way.
These expectations align economic success with every element of our sustainability commitments, and have led us to prioritize our objectives in the following order:
We believe these three priorities generally do not conflict with each other, because business that is conducted in the safest and cleanest manner is also most likely to be the most profitable way to do business over the long term. Where they may be in conflict, we instruct our staff that the health and safety of people and the protection of the environment must always take priority over profitability.