Our approach to sustainability, and our business in general, remains one where we prioritize people and the environment over profits: the safety and health of our employees, contractors and those directly or indirectly involved in our operations is considered paramount.
We carefully consider the lands and people impacted by our operations and we treat our people, partners, suppliers, and members of the community respectfully and fairly.
As we undertake to develop and produce hydrocarbon resources, we do so with the following priorities guiding our actions:
We believe these three priorities generally do not conflict with each other, because conducting business in the safest and most environmentally conscious manner possible leads to greater profitability over the long-term. In the rare circumstance where a conflict may arise amongst these priorities, we instruct our staff that the health and safety of people and the protection of the environment must always take priority over profit.
Our Board of Directors and our Executive and Leadership teams continue to recognize our stakeholders' expectations as critical to Vermilion's success and integrate them into our ongoing processes for governance, strategy and performance. They are incorporated as goals into our strategic long-term vision, identified as commitments for annual planning, and assessed on a quarterly basis for progress against those commitments.
We believe this approach continues to be a contributing reason why Vermilion is a leading choice for investors, employees, partners and communities.
1 We follow the Precautionary Principle introduced in 1992 by the United Nations "Rio Declaration on Environment and Development" by using environmental risk as part of our development decision criteria, and by continually seeking improved environmental performance in our operations.
(Unless otherwise noted, references on this website to "Vermilion", or "the Company", or "we", or "our" collectively refer herein to any or all of the people and operations associated with Vermilion Energy Inc. and/or its subsidiaries including its German subsidiary Vermilion Energy Germany GmbH & Co. KG whose operations and activities are the focus of this website)