Otto Energy Limited
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Oil price volatility
- Capital market volatility
- Joint venture operational risks
- Operational and liability risks in the Gulf of Mexico
- Health, safety, and environmental risks
- Risks associated with operating in overseas jurisdictions
Mitigation Strategies
- Active monitoring of oil price movements
- Hedging programs (potential)
- Regular monitoring of cash flow forecasts
- Scenario analysis
- Monitoring loan covenants
- Review of work programs and budgets
- Good working relationships with joint venture partners
- Monitoring of joint venture party performance
- Monitoring of SM 71 oil field operations
- Review of progress reports from the operator
- Policies, processes, and procedures for health, safety, and environmental management
- Monitoring of ongoing risks in overseas jurisdictions
- Government and community relations monitoring
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations (3rd Edition)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed