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    7 Sep
Kistos logo
  • Home
  • About Us
    • Strategy
    • History
    • Board of Directors
  • Operations
  • Investors
    • Bondholder Information
    • Presentations
    • Regulatory News
    • Circulars
    • Financial Reports
    • Investment Case
    • AIM Rule 26
  • Contact
  • ESG

View Full Information Our Esg In 2021 Annual Report (Page 17-21)

ESG

1. Our Material ESG Issues

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.

The materiality process

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:

  • A desk-based research and media scan
  • A review of Kistos’ corporate approach and policies
  • A review of material issues reported by a benchmark group of peers and best practice companies
  • Interviews with seven internal and external subject matter experts, to score potential material issues in terms of impact on the business and influence over stakeholders

2. Our ESG Strategy

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.

Caring for the environment

We will continue to put sustainability first with every decision we make

Operating ethically and responsibly

We will act with integrity to ensure we’re always doing the right thing.

Putting People First

We will create safe, inclusive workplaces, promote human rights and strengthen our communities.

3. ESG Outlook and Non-Financial Performance

Acting on climate change

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

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.

Risk management

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.

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