Annual Report

The report documents Karoon’s Marina-1 drilling campaign in Peru, reporting a TRIR of 0.00 and zero environmental incidents. It reports Scope 1 emissions of approximately 19,971 tonnes of carbon dioxide equivalent and Scope 2 emissions of approximately 152 tonnes. Women made up 14% of the Board as at 30 June 2020, and a Sustainability and Operational Risk Committee was established. The report says meaningful emissions-reduction targets could not yet be set because the emissions baseline for the Baúna asset was not understood.