Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Health
• Environment
• Social Responsibility

Environmental Achievements

• Reduction of lube oil consumption by 2935 liters in India (cost savings of INR 469600)
• Re-filtering compressor’s packing drain oil for reuse resulting in 15% reduction in waste oil in Indonesia
• 3.45% reduction in electricity consumption in Indonesia compared to 2011
• 150 saplings planted at Niko plant & well sites in India as part of green belt enhancement
• Waste reduction and management initiatives across various locations
• Ongoing resource recovery and conservation programs (Chemicals, Paper, Plastics, medicines etc) in India and Indonesia

Social Achievements

• Niko sponsored malaria awareness program for 182 people in India
• First Aid Training conducted in Hazira secondary school in India (87 children and teachers)
• Provided fire fighting support to M/s. Cotton Yarn Unit near Niko Bheema Plant in India
• Social health workers & AIDS Control Society Team conducted campaign on AIDS Awareness Day for 150 people in India
• Provided environmental awareness program to 41 children in Hazira Secondary School in India
• Developed a green belt at Hazira Primary School in India
• Pulse Polio Immunization administered to 458 Children in India
• INR 170000 contributed for construction of Hazira police station in India
• Public meetings for Guaya Block drilling programme in Trinidad
• Provided training to communities involved in onshore seismic survey in Trinidad
• Cataract surgery for 12 people of local community in Kofiau Block, Indonesia
• Infant nutrition campaign for mothers in Kofiau Block, Indonesia
• Basic personal hygiene campaign for elementary student in Kofiau Block, Indonesia
• Donation of equipment and supplies to local groups, hospitals, agencies in Iraq

Governance Achievements

• SHESR MS based on ISO 14001:2004 and OHSAS 18001:1999 standards, recertified in January 2012

Climate Goals & Targets

Environmental Challenges

• Unresolved matters arising from a blowout in Chattak gas field in Bangladesh resulting in no production
• Feni gas field in Bangladesh currently shut in and plant operations suspended

Mitigation Strategies

• Not disclosed

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: ISO 14001:2004, OHSAS 18001:1999

Certifications: ISO 14001:2004, OHSAS 18001:1999

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Safety, Health, Environment and Social Responsibility (SHESR)

Environmental Achievements

• Continued progress in developing and implementing management systems locally in India and Bangladesh. India team conducted gap analysis and updated procedures. Bangladesh team developed draft procedures mirroring corporate expectations for Chattak and Feni assets.

Social Achievements

• Retrenchment of security contractors in India handled in line with documented policies and procedures.

Governance Achievements

• SHESR included in the purview of a Board Committee (Reserves and HSE) led by the COO.

Climate Goals & Targets

Environmental Challenges

• Slow progress on advancing ESAP items related to Block 9 in Bangladesh due to delays in receiving information from the operating partner.
• Significant delay in Hazira decommissioning (India) from previous plans.
• Gas bubbling to the surface in areas surrounding the Chattak facility (Bangladesh) representing an identified risk.
• Lack of progress on compensation for land acquisition in Bangladesh since the last monitoring visit.

Mitigation Strategies

• Niko receives monthly operational reports from Block 9 (Bangladesh) providing some monitoring insights.
• Development of remediation plan for Hazira decommissioning (India).
• Ongoing monitoring of gas bubbling in Chattak (Bangladesh) with local authorities.
• Monthly monitoring reports from local team in Bangladesh on gas emissions in the community.

Supply Chain Management

Responsible Procurement

• Contracts with contractors include requirements for health, safety, and environment management systems.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFC Performance Standards 1 & 2, World Bank Group Environmental Health and Safety (EHS) General Guidelines (2007)