The report highlights Horizon Oil's commitment to sustainability and responsible operations in the energy transition. The company achieved several milestones in 2023, including HSE metrics below industry benchmarks, a 5-year life extension of the Raroa FPSO, completion of a marine ecological survey around the Maari wellhead platform, seed capital investment in a potentially large-scale carbon removal business, ongoing progress in emission reduction initiatives and the roll out of an initiative to support employees in purchasing electric vehicles. The report also includes a detailed materiality assessment and a climate change strategy outlining risks and opportunities.
Issuing Company Horizon Oil Limited
Report Type Sustainability Report
Report Language EN
Report Filesize 5.06 MB
No. of Pages 22 pages
Reporting periodJuly 1, 2022-June 30, 2023
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue