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Download the CR Report PDF (1.90MB) - Tullow Oil plc

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2006 Key plans and objectives<br />

With a growing business and international spread of operations across<br />

22 countries, <strong>the</strong>re are always areas where fur<strong>the</strong>r improvement is required.<br />

We addressed <strong>the</strong>se in our annual EHS and CSR plans and objectives. How we<br />

performed against our 2006 targets is outlined below. We are committed to<br />

continuous improvement in all our standards and practices and our 2007 key<br />

plans and objectives are set out on page 40.<br />

Ensure that <strong>the</strong>re are no significant<br />

environmental incidents during <strong>the</strong> year.<br />

Maintain LTIFR for <strong>the</strong> end of 2006<br />

below 1.00 (2005 was 0.82).<br />

Complete ISO 14001 certification<br />

for <strong>Tullow</strong> <strong>Oil</strong> <strong>plc</strong>.<br />

Identify and sponsor a larger number<br />

of community-based environmental and<br />

social projects.<br />

ACHIEVED<br />

ACHIEVED<br />

2006 LTIFR was 0.81.<br />

ACHIEVED<br />

May 2006.<br />

ACHIEVED<br />

The CSR Committee terms of reference are finalised and <strong>the</strong> 2007<br />

budget agreed.<br />

Prepare and implement a required minimum<br />

standard for ESIA throughout <strong>the</strong> Group,<br />

aligned with World Bank Standards and<br />

best practices.<br />

Refining and enhancing Accident and<br />

Incident Investigation procedures.<br />

Engage in proactive dialogue and meetings<br />

with key target groups regarding our<br />

first CSR <strong>Report</strong> and incorporate <strong>the</strong><br />

feedback received.<br />

Review and plan a path to external<br />

verification of <strong>the</strong> CSR <strong>Report</strong>, including<br />

assessment against <strong>the</strong> Global <strong>Report</strong>ing<br />

Initiative (GRI) principles.<br />

Updating and streng<strong>the</strong>ning EHS input<br />

in tendering processes to support ethical<br />

values in all of <strong>the</strong> Group’s business dealings.<br />

Extend EHS/CSR training opportunities and<br />

options for senior personnel.<br />

Fully prepared crisis management plan,<br />

team and facilities in <strong>the</strong> event of a major<br />

incident at any <strong>Tullow</strong> facility.<br />

ACHIEVED<br />

ESIA template being implemented across <strong>the</strong> Group, following inputs<br />

from country and business unit managers and in-country testing in<br />

Madagascar and Ghana in 2006.<br />

ACHIEVED<br />

Revised procedure now in place from 1 January, 2007<br />

ONGOING<br />

Look out for this symbol to see where direct changes have been made<br />

in this years report as a result of feedback.<br />

ONGOING<br />

External verification is challenging given <strong>the</strong> size of <strong>Tullow</strong> operations and developing<br />

verification standards. We made progress during <strong>the</strong> year in how to achieve external<br />

verification and what internal steps are required. The revised GRI3 guidelines will be<br />

introduced later this year and we will review <strong>the</strong>se also as part of <strong>the</strong> process.<br />

ONGOING<br />

A review of EHS in <strong>the</strong> contract procurement is expected to be completed and<br />

implemented in 2007.<br />

CONTINUOUS<br />

CONTINUOUS<br />

26 <strong>Tullow</strong> <strong>Oil</strong> <strong>plc</strong> Corporate and Social Responsibility <strong>Report</strong> 2006

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