Tullow Oil plc has published its sustainability report and climate risk and resilience report for 2022. ESGs During the year, the company achieved zero lost time injuries and zero Tier-1 process safety incidents. Tullow increased its socio-economic contributions through more than 6,000 secondary and tertiary students with Tullow STEM scholarships, bursaries and after school support […]
Tag: environment social and governance (ESG)
Scotgold rise in revenues offset by increased loss and debt
Scotgold Resources Ltd’s increase in revenues were dented by a rise in pre-tax losses and debt at Cononish gold and silver mine, near Tyndrum in Scotland. FINANCES The company’s interim results for the six months ended 31 December 2022 showed total revenues of A$9.5 million (H1 2022: A$6.4m) Loss before taxation was A$9.5m (H1 2022: […]
Neptune to use offshore wind for North Sea assets
Neptune Energy hopes to extend the life of its producing fields by powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. INTEGRATED ENERGY HUBS The company today signed a memorandum of understanding with Ørsted and Goal7 to examine the potential of supplying renewable electricity from Ørsted’s Hornsea offshore windfarm projects […]
FCM publishes inaugural ESG policy statement
First Class Metals plc (FCM) has published its inaugural environment, social and governance (ESG) policy statement for its Canadian Schreiber-Hemlo landholding and the Sunbeam project. FIVE PILLARS The 2022 statement comprises five pillars of responsible stewardship, being a strong partner for local communities, an enabler of the energy transition, ensuring safe workplaces and operations, and […]
Neptune donates £500,000 to The Childhood Trust
Neptune Energy said it would donate £500,000 to help children living in poverty this winter in London. VULNERABLE CHILDREN Employees of the company, which has its headquarters in the capital, will also volunteer on projects supported by The Childhood Trust as part of the charity’s Christmas appeal. The Trust’s campaign aims to help some 50,000 […]
Neptune donates £100,000 to help rough sleepers
Neptune Energy has for the second year made a donation to Sheltersuit UK to help rough sleepers. ESSENTIAL SUPPORT The company said that the £100,000 donation would provide some 1,500 Shelterbags and pay the wages two Sheltersuit employees who came to the UK as refugees. “With the number of people sleeping on London streets rising, […]