Our approach

Governance
Discover our roadmap
Governance approach
Discover Assala's ESG Structure

At Assala, we live by our principles.

Our Values and Spirit are at the heart of everything we do. Our Code of Conduct provides us with a strict framework, placing integrity, ethical behaviours, and overall good governance at the core of our decisions and actions. This represents the way Assala does business and is essential to our social licence to operate.

We believe how we deliver is as important as what we deliver, and what we deliver cannot come at the expense of how we deliver it. This belief is key to our governance approach.

We are an upstream oil and gas exploration and production company, investing in the socioeconomic development of the countries in which we operate. In Gabon, we derive energy from mature assets safely and responsibly. We are cutting our emissions, preserving biodiversity, investing in the development of our workforce and of the communities local to our operations, and ensuring we operate in line with our Values, Spirit and Code of Conduct.

Assala integrates Environmental, Social and Governance (ESG) criteria in every business decision and performance appraisal.

To find out more about how we do business, here are some useful orientations:

  • Our policies, publications and videos are available in our Library.
  • Our businesses can be discovered from our website’s homepage.
  • Our ESG reporting, including how we integrate the United Nations Sustainable Development Goals into our daily activities, can be explored here.
Management profiles

Our Management Teams have a wealth of experience in the oil & gas industry and lead the integration of ESG considerations into our strategy.
Learn more about Assala’s leaders here: Assala EnergyAssala Gabon

Raising a concern

Assala has zero tolerance for any form of retaliation against anyone who makes a report in good faith. However, any person filing a report not made in good faith will be subject to disciplinary procedures or sanctions.

We like to keep communications open. There are many ways to report an issue in Assala. Talking to line managers or the HR department is a good start, but if there is an issue specifically related to our Code of Conduct, then we have a dedicated external service: Safecall.

Safecall is a reporting system, which includes an option for anonymous reporting, and allows anyone to raise an issue. Reports can be made online, by telephone, or email, and in several languages. Safecall is available 24 hours a day, 7 days a week.

All reports made are directed to Assala’s Legal and Compliance department and result in an investigation by Assala.

To raise a concern via Safecall, use the contact details below:
Speak up

Shared any concern through Safecall,
a reporting system which includes an anonymous option.
Assala will investigate every report.

Risk

Managing both internal and external risks to people, the environment, and our assets is of key strategic concern. Our Senior Management Teams have ultimate responsibility for due diligence, and for ensuring that risks associated with our activities are identified, managed, and mitigated. Identified risks are discussed at quarterly Board meetings, as well as on an ad-hoc basis, as and when a strategic need arises.

We expect that everyone involved in our operations take ownership for the risks associated with their areas of expertise.

In line with our Values, our people are empowered to implement appropriate internal controls and actions to address such threats and opportunities, and to ensure that business objectives and personal goals are met.

Risks associated with ESG considerations make up a significant part of our risk management system, and tie into our risk management structure: all business functions have a responsibility for managing environmental, social and governance risks associated with areas under their control. Our wider approach to climate change risk is explored in Climate risk management.

Our risk management structure
Discover Assala's Risk Management Structure

Whilst we may not always be able to prevent or influence extraordinary or permanent risks as they emerge or occur, our structural top-down approach to risk governance, ensures that we have the means in place to tackle risks as they occur, in order to mitigate their impact on people, the environment, and our assets.

Discover Assala’s Management profiles here.

Climate risk management
Discover
Assala's ESG Structure

Assala recognises the strategic importance of managing our risks, including physical climate change risks. In line with our risk management framework, overall climate change risk is managed at board level, supported and informed by our ESG committee, as well as our wider ESG organisation.
We integrate the reduction of greenhouse gas emissions into our strategy and every project scope. This means that climate change is considered from the outset and in everything we do.

We respect regulatory emissions limits, either currently in place or anticipated, when developing our investment strategy. We work towards the World Bank’s “Zero Routine Flaring by 2030” target and align our activities with the Paris Agreement’s “Carbon Neutral by 2050” objective.

Assala has committed to minimising our carbon footprint, other air emissions, and water usage, as well as to preparing our workforce and the communities surrounding our operations for an economic landscape without oil and gas. In so doing, we support the mitigation of the effects of climate change, whilst also continuing to contribute to Gabon’s socioeconomic development, which is crucial to a just transition.

To find out more about our integrated approach, discover:

PDF
Our Health, Safety,
Security and Environment policy

Discover our ESG reporting centre, which explores how we apply reporting standards and structures here.

Environment
Emissions

Assala integrates Greenhouse Gas (GHG) emissions reduction into the way we approach our operations, embedding it in our strategy.

We report transparently on our targets and progress in our annual ESG reports, work to minimise any negative impact from our operations and continue to invest to provide the energy needed to power lives.

We believe that responsible, less carbon intense oil and gas operations are not only possible, but essential to a just transition towards global carbon neutrality.
As part of our ESG reporting, we measure and account for our scope 1 and 2 emissions in order to understand where we can reduce them, whilst continuing to deliver value for our stakeholders. This is how we work towards our commitment to operate in line with, and aim to outperform, the World Bank’s “Zero Routine Flaring by 2030” target and align our activities to the Paris Agreement’s carbon-neutral by 2050 objective.

Assala does not produce oil at any environmental cost.

Our approach to emissions reduction is explored in detail in our ESG reports.

You can also explore how we’re supporting our workforce and the communities surrounding our operations here and in our ESG reports.

Emissions reduction roadmap

Our short-, medium- and long-term ambitions to reduce our carbon footprint were formalised in 2021.

These involve reduction plans and projects to optimise our activities and minimise our impact, and mitigation opportunities to align our activities with industry and global ambitions.

Our long-term ambition is to align our activities to the Paris Agreement’s carbon-neutral by 2050 objective.

In the short- to medium-term, our overarching aim is to operate towards, and endeavour to outperform, the World Bank’s “Zero Routine Flaring by 2030” target and to ultimately reduce our carbon footprint and our impact on the environment.

Discover our Emissions Reduction Roadmap

Projects and initiatives to address our emissions are explored in our ESG reports.

Key emission reduction figures

Assala is driving down our carbon intensity (kg CO2e/boe) through investment in projects which allow us to optimise our activities. Our aim is to reach 30kg CO2e/boe by 2025.

In 2021, we adopted a revised Gas Flaring Reduction plan to reduce our routine flaring by 80% by 2025, against 2020 levels.

Since then, we have consistently beaten our own targets.

In terms of the reduction of our carbon intensity, flaring accounted for 35% of our scope 1 and 2 emissions in 2022, down from 42% in 2021.

For further reading on how we are tackling GHG emissions, as well as other air emissions, explore:

PDF
Our 2022 ESG report
PDF
Our Health, Safety, Security
and Environment policy
Biodiversity

At Assala, we are privileged to play a tangible role in the preservation of our natural world by investing in biodiversity protection, striving to use natural resources sustainably, prioritising safe processes across our operations, and managing and mitigating waste on our sites.

Our ethos is to Respect. Protect. Preserve.

Assala’s Rabi-Complex and Gamba licences are in the Gamba Complex of Protected Areas, surrounded by national parks, critical habitats and areas of high biodiversity value and importance. Furthermore, the location of these sites within the Congo Basin demands increased focus on forest protection to preserve the Basin’s status as one of the world’s lungs.

Our commitment is to maximise our positive impact on biodiversity in the areas where we operate.

Projects & partnerships

Assala’s environmental partnerships contribute to and ensure biodiversity conservation in Gabon, and uphold our respect, protect, preserve ethos.

We collaborate with Ibonga, supporting initiatives for the protection of marine turtles and the environmental conservation of coastal areas.

We also work with Space for Giants to contribute to the Gabon national initiative to construct specialised, electrified fences to help reduce human-wildlife conflict, incentivising sedentary farming with increased yields, to provide an alternative to slash and burn techniques which result in deforestation.

Since 2017, Assala has worked with the Smithsonian National Zoo and Conservation Biology Institute on implementing Smithsonian’s Centre for Conservation and Sustainability’s Gabon Biodiversity Programme, which integrates conservation needs with development priorities to sustain biodiversity.

Our flagship Rondani project leverages our environmental partnerships and aligns our approach to biodiversity protection with our Social Performance strategy, and position on a just transition. Rondani is an integrated social and environmental project for sustainable agriculture, improved standards of living and biodiversity protection.

Discover the Rondani Project

Our biodiversity preservation projects are explored in more detail in our annual ESG reports

Waste

Responsibly managing materials and waste is an integral part of our commitment to mitigate our impact on the environment. We recognise this in our Health, Safety, Security and Environment policy and commitments.

As an operator of mature assets, we approach the issue of waste from two angles. The first is to integrate operational waste management into our strategy, meaning that we commit to ensuring that a waste mitigation and treatment plan is in place at the beginning of each new project. The objective of this commitment is to avoid accumulated waste on site. As such, we are systematically working towards net zero environmental impact from our operations.

The second is to eradicate legacy waste from our operations. For Assala, legacy waste is waste that has been on our sites from more than three years. In Assala’s case, most of this category of waste on our sites is inherited from the previous operator. Our dedicated Legacy waste management team are implementing our strategy to eliminate all stored legacy waste by 2024.

Landfarming

Part of our legacy waste strategy is to eliminate inherited blackspots from our operational sites.

Black spots are sites of contaminated soil resulting from oil and gas production activities. Created by practices that, today, are unacceptable in our industry, black spots within Assala’s assets were inherited and contribute to legacy waste.

We do this through a process known as landfarming, a technique used to treat soils contaminated with hydrocarbons.

Discover our landfarming journey:

PDF
Our Landfarming journey
Watch the video
December 2023
Landfarming: Assala's approach to restoring nature
Water

As a responsible operator, Assala has committed to using water more efficiently and sustainably, and to achieve water neutral status by 2030, in our Health, Safety, Security and Environment policy.

In this policy, we commit to reporting regularly on effluent issues, including effluents resulting from our operations (produced water and process wastewater). This is carried out as part of our health, safety, and environmental management system.

In line with our Spirit, we aim to develop a robust, responsible, and fit-for-purpose approach to water consumption and management, treating water as a resource shared by communities, ecosystems and industries.

Analysis of our freshwater risk evaluation and withdrawal metrics, as well as effluent management on sites is available in our annual ESG reports.

Process safety

A continuous improvement approach to enhancing our process safety procedures and prevention measures is key to avoiding Process Safety Events (PSE) on our operational sites, and to mitigating the potential impact of these events.

As members of the International Association of Oil and Gas Producers (IOGP), we integrate IOGP Process Safety Fundamentals on our operational sites, sharing them through regular awareness events, training, communication, and competency development exercises.

We focus on asset integrity, investing in our infrastructure to ensures the safety of people, the environment, and our assets.

Our Operations, HSSE and Maintenance teams proactively collaborate to prioritise repairs and upgrades on safety-critical elements, which may have the potential to lead to a PSE if left unaddressed.

Our teams are trained in both safety and emergency response aspects, which ensure preparedness in the event of an incident.

Training activities are audited both internally and externally through ISO 140001 and the International Finance Corporation Performance Standards. The results of these audits are presented in our annual ESG reports.

For key definitions, visit our glossary of terms and abbreviations.

Discover our annual ESG reports for details on asset integrity projects, as well as process safety data.