SPEED/ SUSTAINABILITY REPORT
To deliver on our promise of Creating Value and Giving Back, we have identified and prioritized stakeholders with whom we maintain permanent contact, for whom we can generate impacts and whose presence influences our management. We periodically update the prioritization of our stakeholders following the guidelines of the AA 1000 standard.
Employees: Women and men who work to generate value, hired directly by the Company. They apply their skills in the operation and consolidation of the oil and gas industry
Neighbors: All people, organizations and collectives that promote the interests of civil society, who live in the territories we operate in and with whom we establish neighborly relations
National and local authorities: Institutions, entities, agencies and authorities at the national and territorial level that direct, control and administer public power
Suppliers and contractors: Natural or legal persons who, through a commercial relationship, provide goods and services to our Company. This includes the workforce involved in the performance of these services that enable us to realize our business goals
Investors and shareholders: Natural or legal persons that invest capital in acquiring our shares
Partners: Public or private companies with which we establish temporary strategic relationships (short, medium or long term) to carry out a specific operation while maintaining our individuality and legal independence
Our main relationship objective is to generate trust and exchange information that generates shared value. Prioritizing stakeholders does not mean that we only engage with these stakeholders, or that we are not constantly monitoring the context and its actors. Prioritization is an exercise in improving engagement mechanisms and processes, as well as their governance, without neglecting other variables or other actors present in the local area and at the international level.
We firmly believe that relationships based on trust are built through transparent, timely and clear communication. This is why we prioritize the establishment of effective communication channels adapted to the needs of our stakeholders.
Through the Double Materiality (DM) exercise, we prioritize sustainability issues that could potentially have positive or negative impact on stakeholders, the environment, and our performance. This analysis allows us to incorporate stakeholder perspectives into our sustainability approach.
