Tethys Oil AB 2020 SR
The report highlights Tethys Oil's 2020 sustainability performance, focusing on its operations in Oman. The company established an ESG framework and conducted materiality assessments to align with international standards like GRI and TCFD. Key environmental achievements include a 14.6% reduction in CO2 emissions and progress in gas flaring mitigation projects. Socially, the company maintained a strong safety record with zero fatalities and supported local communities through academic scholarships and COVID-19 relief. Governance was reinforced through a zero-tolerance anti-corruption policy and the implementation of a whistleblower function.
Company: Tethys Oil AB
Sector: Energy
Country: Sweden
Year: 2020
Type: SR
Pages: 32
Tethys Oil AB
Sustainability Report
The report highlights Tethys Oil's 2020 sustainability performance, focusing on its operations in Oman. The company established an ESG framework and conducted materiality assessments to align with international standards like GRI and TCFD. Key environmental achievements include a 14.6% reduction in CO2 emissions and progress in gas flaring mitigation projects. Socially, the company maintained a strong safety record with zero fatalities and supported local communities through academic scholarships and COVID-19 relief. Governance was reinforced through a zero-tolerance anti-corruption policy and the implementation of a whistleblower function.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 9, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Workplace Fatalities
Employees