Our materiality assessment considers various relevant issues determined from international reporting requirements including GRI, SASB and IPIECA. Our assessment is also informed by our peers and that of our operating partners with whom we engage. We assess these issues and indicate their significance to Africa Oil and their importance to our stakeholders. The results of this materiality assessment were presented to the Board and reviewed in detail by executive Board members.
Materiality Matrix
-
Climate risks and opportunities
-
Energy and emissions
-
Resource management
-
Decommissioning
-
Health and safety
-
Cybersecurity
-
Stakeholder rights
-
Our people
-
Community impact
-
Governance
-
Ethical business
The materiality matrix identifies our key issues as:
- Climate governance and strategy
- Climate risks and opportunities
- Flared gas
- Investment due diligence
- Governance approach
- Preventing corruption
Materiality Issues Key
Listed by Materiality cluster colour
| E/S/G | Issue | |
|---|---|---|
| E |
01
|
Climate governance and strategy |
| E |
02
|
Climate risk and opportunities |
| E |
03
|
Lower-carbon technology |
| E |
04
|
Greenhouse gas emissions |
| E |
05
|
Methane emissions |
| E |
06
|
Energy use |
| E |
07
|
Flared gas |
| E |
08
|
Freshwater |
| E |
09
|
Discharges to water |
| E |
10
|
Biodiversity policy and strategy |
| E |
11
|
Spills to environment |
| E |
12
|
Materials management |
| E |
13
|
Decommissioning |
| E/S/G | Issue | |
|---|---|---|
| S |
14
|
Safety, health and security |
| S |
15
|
Occupational injury and illness incidents |
| S |
16
|
Transport safety |
| S |
17
|
IT security |
| S |
18
|
Human rights policy and strategy |
| S |
19
|
Workforce diversity and inclusion |
| S |
20
|
Workforce engagement |
| S |
21
|
Workforce training and development |
| S |
22
|
Local community impacts and engagement |
| S |
23
|
Land acquisition and involuntary resettlement |
| S |
24
|
Social investment |
| S |
25
|
Local procurement and supplier development |
| E/S/G | Issue | |
|---|---|---|
| G |
26
|
Investment due diligence |
| G |
27
|
Governance approach |
| G |
28
|
Management systems |
| G |
29
|
Public advocacy and lobbying |
| G |
30
|
Preventing corruption |
| G |
31
|
Transparency of payment to host governments |