Capricorn Energy PLC 2020 AR2
The report outlines Cairn Energy's strategic and operational performance in 2020, highlighting its response to the COVID-19 pandemic and its commitment to the energy transition. Key achievements include a unanimous international arbitration award of US$1.2 billion plus interest against the Government of India and the strategic divestment of its Senegal and Norway assets, which significantly reduced capital commitments. Cairn also announced the proposed acquisition of Shell's Western Desert assets in Egypt to diversify its production base. On the ESG front, the company endorsed the World Bank's Zero Routine Flaring initiative, joined the Proteus Partnership, and achieved a zero lost time injury frequency for its operated activities.
Company: Capricorn Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 60
Capricorn Energy PLC
The report outlines Cairn Energy's strategic and operational performance in 2020, highlighting its response to the COVID-19 pandemic and its commitment to the energy transition. Key achievements include a unanimous international arbitration award of US$1.2 billion plus interest against the Government of India and the strategic divestment of its Senegal and Norway assets, which significantly reduced capital commitments. Cairn also announced the proposed acquisition of Shell's Western Desert assets in Egypt to diversify its production base. On the ESG front, the company endorsed the World Bank's Zero Routine Flaring initiative, joined the Proteus Partnership, and achieved a zero lost time injury frequency for its operated activities.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees