“Our frontline role is to work with people in the countries where we are based, to help them develop sustainably."
Jean-Noël Bouassi-Bouassi,
Subsidiary Deputy General Manager
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Our Sustainability approach
Our Sustainability approach
At Perenco, sustainable development is a fundamental aspect of our long-term value proposition.
Our Sustainability strategy addresses the world’s evolving energy needs, by leveraging our culture of innovation and our ability to create lasting partnerships. At the core of this strategy lies our commitment to ensure and promote strict environmental and Human Ressources standards.
Our Sustainability strategy is built on four pillars:
1
Safety
2
climate and environmental responsibility
3
Social
4
governance, ethics and transparency
Safety
At Perenco, the foundation of our operational excellence lies in our approach to safety. We work to ensure that the health and safety of both our employees and contractors is maintained to the highest and most rigorous standards. Hence, we develop robust policies, deliver enhanced training programmes, maintain consistent incident reporting, and uphold stringent asset integrity practices.
- Our main objectives
- Zero accident objective
- Promote safety training for all our workforce
- Achieve ISO 14001 and 45001 certifications
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“The safety of people, assets and our environment are our priority. This is only made possible by rigorous management and well-trained teams".
Samantha Inglefield,
QHSE & External Relations Manager
MAINTAIN WORKFORCE HEALTH AND SAFETY
At Perenco, we are dedicated to maintaining safe and healthy working conditions for our employees. This commitment is supported by internal and external training programmes that equip our workforce with the necessary skills and knowledge.
Our "Work Safely Initiative," developed in collaboration with DSS+, a consulting firm specialising in safety and operational excellence services for the industry, serves as a cornerstone of our safety training programme. This initiative aims to raise safety awareness and foster engagement across all levels of the organisation, from senior management to all on-site workers.
Alongside this training, our commitment to safety is also reflected in The Perenco Health and Social Protection Plan. This comprehensive plan establishes a harmonised minimum level of health and social benefits across all our subsidiaries, ensuring the wellbeing and protection of our employees regardless of location.
Climate and Environmental Responsibility
At Perenco, we recognise climate change as one of the greatest global challenges and we acknowledge the pivotal role of the oil and gas industry in addressing this issue and preserving the natural habitats in which we operate.
We have thus framed our approach to climate and environmental responsibility based on global sustainability initiatives and best practices.
Our Climate strategy focuses on three main pillars :
- Decarbonise our production process
- Develop our sustainability offering
- Contribute to the local energy transition
DECARBONISE OUR PRODUCTION PROCESS
To decarbonise our production, we have developed a 2030 Climate and Energy Transition Plan, delineating our company's main climate objectives.
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- Our main objectives
- 45% reduction in scope 1 emissions at isoperimeter 2023 by 2030
- Near zero methane intensity ambition by 2030 and implementation of our Leak Detection And Repair (LDAR) plan
- Zero routine flaring ambition at isoperimeter 2023 by 2030 (excluding safety flaring and subject to contractual and mineral rights possibilities)
“The CO2 injection project in the UK is a typical example of the Perenco philosophy and how it is tackling issues, such as climate change through industry decarbonation, with a tailored and innovative approach".
Louis Hannecart,
Group CCS Manager
“The CO2 injection project in the UK is a typical example of the Perenco philosophy and how it is tackling issues, such as climate change through industry decarbonation, with a tailored and innovative approach".
Louis Hannecart,
Group CCS Manager
The implementation of our 2030 Climate and Energy Transition plan requires collaboration among various disciplines across the Group, all working towards a shared decarbonisation objective. The plan’s roadmap encompasses 150 projects, including:
WELL SHUT INS
Review of high gas to oil ratio (GOR) wells and shut ins when acceptable
VENTING REDUCTION & VAPOUR RECOVERY
Capture of vented or flared gas
SUBSURFACE GAS STORAGE
Rerouting of flared gas into safe underground reservoirs
ELECTRIFICATION
Replacing higher emission- intensive energy sources with electricity
RENEWABLE ENERGY
Replacing higher emission- intensive energy sources with renewable energy
PRODUCTION RATIONALISATION & ENERGY EFFICIENCY
Simplifying and improving power generation
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The implementation of our 2030 Climate and Energy Transition plan requires collaboration among various disciplines across the Group, all working towards a shared decarbonisation objective. The plan’s roadmap encompasses 150 projects, including:
WELL SHUT INS
Review of high gas to oil ratio (GOR) wells and shut ins when acceptable
VENTING REDUCTION & VAPOUR RECOVERY
Capture of vented or flared gas
SUBSURFACE GAS STORAGE
Rerouting of flared gas into safe underground reservoirs
ELECTRIFICATION
Replacing higher emission- intensive energy sources with electricity
RENEWABLE ENERGY
Replacing higher emission- intensive energy sources with renewable energy
PRODUCTION RATIONALISATION & ENERGY EFFICIENCY
Simplifying and improving power generation
DEVELOP OUR SUSTAINABILITY OFFERING
Perenco is engaged in the development of projects around Carbon Capture and Storage (CCS).
We believe that CCS presents a reliable method for decarbonising industries, especially those where it is challenging to eliminate CO2 emissions, such as steel, cement, or the chemical sector.
We see CCS as a technology which has the potential to drastically reduce GHG emissions whilst helping industries remain competitive. This is a natural continuity from our upstream activities, as carbon storage requires underground storage capacity, surface infrastructure, and the technical know-how to manage these facilities and subsurface reservoirs. In 2023, Perenco UK secured three licenses for the development of CCS projects in the UK.
Perenco is supporting the energy transition through world class Carbon Capture & Storage (CCS) projects.
To learn more visit the dedicated website:
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CONTRIBUTE TO THE LOCAL ENERGY TRANSITION
At Perenco, we are fully committed to supporting a Just Energy Transition in the countries where we operate by facilitating access to affordable and sustainable energy. We help them in the development of their infrastructure, economies and in fulfilling their climate change commitments.
We collaborate closely to harmonise their energy and economic development needs with their climate objectives. This is achieved through direct action on our part, or by forging strategic partnerships to help local governments reach a lower-carbon energy mix.
We are developing various new energies perspectives such as:
- Converting gas to electricity
- Converting gas to LNG
- Developing gas networks
- Investing in Renewables
In our strategy for local development, we start by delivering gas to local power plants, facilitating the energy transition for the country and improving the reliability of power. This is what we have done for the city of Moundou only seven months after acquiring our assets in Chad.
Since 2008, we have built extensive expertise in Liquefied Natural Gas (LNG) projects in Tunisia and Cameroon, exemplified by our development of Hilli Episeyo, the world’s first floating LNG Vessel. Leveraging this knowledge, we have successfully undertaken similar projects in Gabon.
Developing gas networks to support the energy transition. In Cameroon, Gabon and Tunisia our projects have contributed to drastically reduce domestic gas imports (LPG).
We are deploying renewables energy solutions when possible, to supply electricity for our own operations or for local needs. In Tunisia we have built a solar farm to power the national network. In the United Kingdom, we have invested in fuel cell technology to power facilities.
PROMOTE ENVIRONMENTAL RESPONSIBILITY
Recognising our responsibility towards the environment we actively assess and manage our impact, embedding sustainability within our operations. As such, we are committed to operate with zero hydrocarbon spills and zero deforestation.
Like many upstream Oil & Gas companies, we operate in remote areas, both onshore and offshore, where we carry out extraction activities. To minimise our impact, we are committed to operating with minimal environmental disturbance, focusing on the following areas:
Social
People are the driving force behind our success, whether they are our valued workers or members of local communities. At Perenco, we are committed to the well-being and development of our staff and to investing in local community projects that align with our values and enable us to grow together in a sustainable way.
- Our main objectives
- Train 100% of Perenco employees each year
- Sponsor 50 Perenco scholarship recipients each year
EMPOWER OUR WORKFORCE
At Perenco, we prioritise the continuous training and development of our employees, to ensure that they are equipped with the best skills and technical expertise to thrive in their roles.
To achieve this, we provide personalised career management support.
Recognising the diverse needs and demands for enhanced skills, we offer a range of development avenues, including classroom training, seminars, and e-learning courses.
BARGE Training centre
One training centre. Five countries.
In September 2022, Perenco inaugurated its Central African Barge Training Centre which rotates between our different subsidiaries in Gabon, Cameroon, DRC, and the Republic of Congo.
This in-house solution offers training in field work, QHSE, production, mechanics, electricity, instrumentation and well operations. Training courses are designed by and for Perenco employees, aiming to develop their technical skills while maintaining everyone’s safety. Staff can expect training including theoretical courses, practical group work, and running through scenarios which might unfold on our sites.
The training team moves as per the barge across Central Africa and includes some of our most senior and experienced individuals.
After a successful year in 2022, Perenco extended the reach of the Barge Training Centre in 2023 to include Chad staff that got their training alongside Cameroon.
In 2023, we trained 1,753 employees coming from our 5 African subsidiaries on the following topics QHSE: production, mechanics, electricity, instrumental and workovers. We achieved an attendance rate of 100%
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One training centre. Five countries.
In September 2022, Perenco inaugurated its Central African Barge Training Centre which rotates between our different subsidiaries in Gabon, Cameroon, DRC, and the Republic of Congo.
This in-house solution offers training in field work, QHSE, production, mechanics, electricity, instrumentation and well operations. Training courses are designed by and for Perenco employees, aiming to develop their technical skills while maintaining everyone’s safety. Staff can expect training including theoretical courses, practical group work, and running through scenarios which might unfold on our sites.
The training team moves as per the barge across Central Africa and includes some of our most senior and experienced individuals.
After a successful year in 2022, Perenco extended the reach of the Barge Training Centre in 2023 to include Chad staff that got their training alongside Cameroon.
In 2023, we trained 1,753 employees coming from our 5 African subsidiaries on the following topics QHSE: production, mechanics, electricity, instrumental and workovers. We achieved an attendance rate of 100%
“We try to use what we’ve learned in all the places that we work, which is what makes this project really special. It’s that exchange of knowledge that’s really important at Perenco".
Benjamin Rambaud
Barge Training Centre Coordinator
OUR CORPORATE SOCIAL RESPONSIBILITY POLICY
The 4 pillars of our CSR policy :
Education
Health and disabilities
Environment and biodiversity
Structural contributions
We are committed to maintaining a long-term presence in the countries where we operate, working closely with local stakeholders to conjointly shape development strategies. Our key priorities include:
1. Demonstrating responsibility and fostering long-term engagement by sharing our expertise with local partners at all levels.
2. Identifying stakeholders needs and supporting them in their progressive autonomy.
3. Empowering communities to lead positive and sustainable projects on a global scale.
Perenco Foundation
The Perenco Foundation launched in 2024 is dedicated to empowering local entrepreneurs in the regions where we operate.
Combining the entrepreneurial heritage of the Perrodo family and the innovative culture of the Perenco group, the Foundation bridges the gap between private sector and community development.
The Foundation offers targeted training and skills development, financial expertise, and support as well as business development guidance which in turns nurtures local sustainable economic growth.
“Entrepreneurship means sowing the seeds of a shared future: far more than individual achievement, is to contribute today to the collective development of tomorrow's world".
Yvonne MBALA
Subsidiary Deputy General Manager
Governance, Ethics and Transparency
Ethics and transparency
At a global level, our confidential whistle-blowing mechanism encourages employees to report any concern or violation concerning our Group Code of Conduct policy by contacting our compliance team via email either at Group level (compliance@perenco.com) and/or using the local subsidiary compliance channels.
These whistle blowing channels may also be used by external stakeholders to report a violation.
At Perenco, we are committed to support the highest ethical standards in our interactions with employees, customers, suppliers, partners, local communities, and public authorities.
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Our Goals are:
- To promote and maintain honesty, integrity, and high ethical standards
- To prevent financial and reputational damage to Perenco and its staff
Perenco personnel are committed to achieving these goals:
- Managers are responsible and accountable for upholding and communicating this policy and leading by example
- All Perenco personnel must comply with this policy and promptly report concerns and violations
The core principles of our Code of Conduct:
- 1. Legal and Policy Compliance – Adherence to all applicable laws and internal policies.
- 2. Fair and Respectful Treatment – Ethical engagement with employees, business partners and local communities.
- 3. No Tolerance for Illegal Payments– Prohibition of bribery, including to customers, agents and governments.
- 4. No conflicts of Interest– Preventing transactions that could be perceived as conflicts.
- 5. Transparency in documentation – Ensuring accuracy, completeness and truthfulness in financial records.
- 6. Confidentiality of information – Protection of proprietary and commercial data.
- 7. Fair Competition – Adhering to ethical business practices.
- 8. Whistleblower Protection and Reporting – Enabling safe and confidential reporting of violations.
Reports
Our sustainability report reflects our Environmental, Social, and Governance (ESG) commitments and outlines our roadmap for the future.
The report is supported by our global Sustainability strategy and governance, a detailed action plan and a set of established key performance indicators (KPIs) and quantifiable targets to monitor its implementation.
To find out more about our sustainable reports, please explore the documents listed below:
