In the second half of 2021, we undertook our inaugural materiality assessment, to identify and prioritise the issues related to sustainability and responsible business that are most important to Kistos.
To help manage risk, we need to understand the ESG issues that matter to our stakeholdersand are most significant to our business. In the second half of 2021, Flag Communications was commissioned to undertake our first-ever materiality analysis.
The process involved:
As an energy business with a vital role to play in society’s transition to a lowcarbon future, we explore opportunities for growth and create value for our investors. But we do so in harmony with the planet and with people at the heart of our approach.
We will continue to put sustainability first with every decision we make
We will act with integrity to ensure we’re always doing the right thing.
We will create safe, inclusive workplaces, promote human rights and strengthen our communities.
We believe that natural gas has an important role to play in the energy transition, bridging the gap on the journey from fossil fuels to a renewable, zero-carbon future. To that end, we continue to explore ways to produce gas with a very low carbon footprint in an environmentally benign way.
Diversity, equality and inclusion (DEI) are important to us. We have a roughly 70:30 male/female split across our workforce and we aim to enhance our approach to equality and equity across our business by developing a corporate DEI strategy.
Kistos identifies, assesses and manages the risks critical to its success. Overseeing these risks benefits the Group and protects its business, people, and reputation. We use the risk management process to provide reasonable assurance that the risks we face are recognised and controlled. This approach enables the organisation to achieve its strategic objectives and create value.
