ESG

Environmental, Social and Governance

Environment

Successful environmental management is dependent on recognising, and avoiding or minimising, environmental impacts. 

Aminex is aware that protection of the environment requires careful planning and commitment from all levels within the Company. Best practice environmental management demands a continuing, integrated process through all phases of a project.

Environmental management is a core business requirement for Aminex, essential to long-term success. Aminex complies with all relevant legislative requirements and commitments applicable to its operations and where practical, exceeds these requirements. In addition, Aminex is committed to good environmental management and continuous improvement in its performance.

As an oil and gas company involved in the business of exploring, appraising and producing hydrocarbons, Aminex is acutely aware of the risk of climate change and the decarbonisation of the global economy to its business. Demand for gas will remain strong across the globe for decades to come and this requires the responsible, safe and sustainable development of assets to aid global economic development. Climate-related risk is considered a principal risk to Aminex over the medium and long term, and this is discussed in more detail in our Annual Report.

Social

The health, safety and security of all our employees, contractors and the wider community in which it operates is of paramount importance to Aminex.

As standard practice, the Company:

  • does not compromise on safety;

  • complies with legislative requirements;

  • identifies, assesses and manages environmental health, safety and security hazards, risks and impacts;

  • promotes continuous improvement practices within all aspects of the business;

  • minimises workplace exposure to hazards; and

  • understands and works to meet the expectations of the community and provides appropriate training to employees and contractors to ensure health, safety and security responsibilities are understood.

In addition, Aminex believes that continuous improvement in relationships with the communities that it works with is fundamental to ongoing sustainability and success.

Over the years, the Company’s good reputation as a worthy corporate citizen has been achieved by:

  • working closely with neighbours and co-occupiers of the land;

  • supporting local community through sponsorship and resources;

  • providing public information about environmental, community, health, safety and security aspects of the business; and

  • encouraging the services of local suppliers where possible.

Aminex has strived to foster a lasting and tangible relationship with the local communities and stakeholder groups where it works and is aware that in addition to regulatory operating approvals, the Company also requires community acceptance to operate, and that acceptance has to be earned. Aminex is committed to working in an effective and collaborative manner with local communities that co-exist with its operations. To achieve this, Aminex has and will continue to:

  • establish and maintain positive and meaningful communication with all affected groups;

  • consult with the people whose land may be affected by its activities; and

  • engage with relevant groups on various community projects.

Aminex  has  supported  various community  projects  that  added sustainable benefit in the education and medical sectors of the community in the past and, during this transitional phase, is currently reviewing projects that may be suitable for the Company’s future involvement.

Governance

Effective corporate governance is critical to achieving our strategic objectives and delivering value to our shareholders.

As set out in more detail in our Annual Report, the Company is committed to protecting its business by operating to the highest standards, through its effective management systems and maintaining and adhering to all of the policies and procedures that the Company has in place.

Aminex PLC (AEX)

Bringing reliable and cost-effective energy faster and cleaner for decades to come.

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