Environmental, Social, and Corporate Governance (ESG) represents a crucial measure of a company's awareness and responsibility towards social and environmental factors. In the rapidly evolving landscape of ESG practices, Exploration and Production (E&P) companies face an urgent call to adapt, striving for safer and more sustainable operational methodologies. Strategies in ESG for these companies increasingly focus on reducing material usage, harmonizing growth with sustainability targets, and minimizing environmental footprints.
At RevSolz, our commitment to aiding E&P companies in achieving their ESG goals spans various organizational areas. We are not just partners; we are collaborators in building a sustainable future. Our approach centers on identifying and implementing the most effective strategies for energy production, while simultaneously creating enduring value for our shareholders and contributing positively to the economic and social fabric of the communities we serve.
Our strong performance in environmental, social, and governance aspects is a direct result of our long-term vision and strategic approach. We believe in responsible development, not only as a business strategy but as a cornerstone of our corporate identity. This ethos has not only shaped the company we are today but also lays the foundation for our continued success and longevity.
ENVIRONMENTAL
- GREENHOUSE GAS EMISSION
We are committed to lowering greenhouse gas emissions and will continue to create long-term value on our journey to help E&P companies lower their impact on the environment.
- WASTE & POLLUTION
We innovate solutions to help our partners reduce annual consumption of water and we are committed to finding ways to significantly decrease the amount of waste/effluent generated in our customers’ operations.
- LAND & AIR USE
We use land, air, and environmental assessment tools to identify and assess environmental risks in the industry we serve, and we focus on continuous performance improvement through investment in new technologies and innovation, comprehensive practices, and collaboration with various groups.
SOCIAL
- WORKFORCE DIVERSITY & INCLUSION
We are committed to enhancing workplace diversity, fostering a workplace representative of the resident population we serve, and removing barriers for diverse employees in recruitment, advancement, and retention.
- SAFETY MANAGEMENT
Safety is a core value emphasized through strong leadership and workforce participation at all levels. Management and supervisors spend significant time fostering our frontline-driven safety culture, where every employee contributes to a safe workplace. RevSolz's goal is to achieve and maintain HSE excellence by incorporating strategies, policies, and standards that promote the safety of our personnel, contractors, and the public throughout all our business activities.
- STAKEHOLDERS ENGAGEMENT
Our stakeholder group is diverse and includes customers, partners, vendors, industry regulators, government, academia, and nongovernmental groups. We work together with these groups to identify opportunities for education and training, employment, business development, and community investment.
- COMMUNITIES
We are committed to a long-term presence in the communities where we operate. We regularly engage with local communities to create shared value and work together to ensure a sustainable world we can all enjoy.
GOVERNANCE
- STRUCTURE & OVERSITE
Our Board of Directors oversees management’s risk identification assessment and mitigation processes, including review of long-term strategic and operational planning, executive development and evaluation, code of conduct compliance, regulatory compliance, safety, and environmental compliance, financial reporting and controllership, and information technology and security. Our Management Committee is responsible for the identification, assessment, and management of risks and opportunities. Our ESG Committee provides internal stewardship reports to the Board, reporting on sustainability performance, key indicators, and actions taken to mitigate risks.
- CODE OF CONTACT & ETHICS
Having a strong ethical business culture is core to our business, allows us to focus on our performance, and supports all our other business functions. We believe that acting ethically builds and maintains the trust of our staff, our clients, our communities, and our investors. At RevSolz, we pride ourselves on our reputation as an ethical, high-performance company, employer, partner, and member.
