We are committed to maintaining the highest standards of corporate governance, ensuring transparency, accountability, and ethical conduct across all levels of our company. Our governance framework is designed to align with best practices and regulatory requirements, fostering trust among shareholders, stakeholders, and the broader community.
View Our Sustainability ReportThe Board maintains oversight of all sustainability activities through the ESG Committee, including reviewing progress of Vaalco’s decarbonization strategy. The ESG Committee seeks regular briefings from consultants, lawyers, accountants, and other corporate advisors during the year, pertaining to climate-related risks and opportunities. The Board comprises a broad set of skills that are essential to understanding and responding to sustainability-related risks and opportunities, including extensive operational, technical, and engineering expertise that enables close scrutiny of our decarbonization strategy.
To strengthen our management in this area, we are working to formalize a robust governance model for our global Process Safety Management (PSM) approach. This includes setting organization-wide standards and requirements, defining common terminology, and ensuring consistency in reporting and documenting work activities and procedures.
