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Our approach to sustainability

 

The context

Sustainability for BG Group is about the conditions for long-term value creation. The BG Group Business Principles define our standards of ethical conduct. They also set out the standards we set for environmental protection and for our relationships with our employees and the communities among which we work. We measure ourselves against these standards.

The Group believes that operating in accordance with its Business Principles is the essential foundation for sustainable long-term performance and value creation.

Delivery of the Group’s business objectives depends on the development of positive relationships with a wide range of key stakeholders, including governments, communities, partners, contractors, employees and customers. Sustainable business success over the long term is dependent on a strong alignment between the Group’s ambitions and the objectives of our stakeholders.

Our approach to these relationships is based on our commitment to work in accordance with our Business Principles in all aspects of our operations. These Principles, set out here, are a key reference point for investment decision making, project development and operational management. Implementation is overseen at Board level by the Sustainability Committee.

 
 

Business Principles

Conduct

  • We act with integrity, fairness and transparency
  • We comply with legal, regulatory and licence requirements
  • We do not tolerate corruption in any form, whether direct or indirect
  • Our investment criteria take account of economic returns, environmental impacts, social consequences and human rights
  • High standards of corporate governance are integral to the way we manage our business

Our People

  • We treat people with fairness, respect and decency
  • We help employees develop their potential
  • We believe that all injuries are preventable
  • We provide healthy, safe and secure work environments

Society

  • We work to ensure that neighbouring communities benefit from our presence on an enduring basis
  • We listen to neighbouring communities and take account of their interests
  • We support human rights within our areas of influence

Environment

  • We make a positive contribution to the protection of the environment
  • We go beyond compliance with local environmental regulation to meet internationally accepted best practice
  • We reduce to the minimum practicable any adverse effects of our operations on the environment
 
 
 

Legal Notice

Certain statements included in the Sustainability Report contain forward-looking information concerning the Group’s strategy, operations, outlook, growth opportunities or circumstances in the countries, sectors or markets in which the Group operates. By their nature, forward-looking statements involve uncertainty because they depend on future circumstances, and relate to events, not all of which are within the Company’s control or can be predicted by the Company. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Actual results could differ materially from those set out in the forward-looking statements. For a description of the factors which may affect our business, financial performance or results of operations, we urge you to look at the Principal Risks and Uncertainties included in the Annual Report and Accounts 2009.

No part of the Sustainability Report or the appended GRI table constitutes, or shall be taken to constitute, an invitation or inducement to invest in BG Group plc or any other entity and must not be relied upon in any way in connection with any investment decisions. The Company undertakes no obligation to update any forward-looking statements.