Environmental, Social and Governance
Top End Energy recognises the importance of operating in an inclusive and sustainable manner in order to minimise impact on the environment, respect the interests of all stakeholders, and maximise long-term shared and sustained value.
TOP END ENERGY’S PRIMARY OBJECTIVE IS TO PLAY A SIGNIFICANT ROLE IN THE ONGOING AND NECESSARY GLOBAL ENERGY TRANSITION TO REDUCE CARBON EMISSIONS.
The company will deliver on this objective through unlocking natural gas, hydrogen and helium potential within its existing asset portfolio while pursuing the development of clean energy solutions to offset any carbon emissions the company produces and facilitate a cleaner energy mix for the future.
“The versatility of natural gas is one key to its expected prominent role in the energy transition… an attractive option for stabilizing the path to renewables while reducing carbon emissions in the short term“
International Energy Forum, 20 September 20211
The Company has initiated ESG reporting by making disclosures against the World Economic Forum (WEF) Stakeholder Capitalism framework. The WEF framework is a set of common metrics for sustainable value creation captured in 21 core ESG disclosures. The Company has adopted this universal ESG framework to align the Company’s mainstream reporting on performance against ESG indicators.
The Company uses Socialsuite’s “ESG Go” platform to track disclosure progress, demonstrate ESG performance against the WEF ESG framework, and share the journey of building robust ESG credentials.
The Company’s ESG progress and disclosures are captured under the four pillars of the WEF ESG framework: Governance, Planet, People, and Prosperity. The ESG Go baseline report shows the starting point of the Company’s ESG journey and highlights the indicators the Company is progressing to disclose.
Please refer to the Corporate Governance Plan for the Company’s ESG Policy.
1International Energy Forum. 4 Reasons Natural Gas Is A Critical Part Of The Energy Transition (20 September 2021)