Saturn Oil and Gas Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Modern Slavery
- Ethical Sourcing
- ESG
Social Achievements
- Released second annual Environmental, Sustainability and Governance (ESG) Report reflecting commitment to safe, responsible and sustainable operations.
- No recorded modern slavery incidents in 2023.
Governance Achievements
- Implemented Code of Business Ethics and Whistleblower Policy.
Climate Goals & Targets
Environmental Challenges
- Risk of modern slavery within the supply chain.
- Complex supply chain with approximately 9,600 active vendors.
Mitigation Strategies
- Prioritize sourcing from North America (97% Canadian vendors).
- Regular review of corporate policies related to the Act.
- Review of business practices to determine additional policies and procedures to reduce risks.
- Monitoring and updating Company policies.
- Reviewing internal recruitment and hiring practices.
Supply Chain Management
Responsible Procurement
- Prioritize sourcing from North America
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Fighting Against Forced Labour and Child Labour in Supply Chain Act, S.C. 2023, c.9