Page 47 - SUSTAINABILITY REPORT 2020_FLIPBOOK VERSION.cdr
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ECONOMIC                                       SOCIAL                                    ENVIRONMENT

                  Value/revenue creation                      Community Investment                           Protecting Our Environment

                  Our business operations have as its         We have emphasized a move away from            Our environmental management

                  primary goal the creation of value to our   tokenist projects and champion capacity        philosophy is aligned with our mission to
                  stakeholders. Our stakeholders include      building and socio -economic development       responsibly develop hydrocarbons for the
                  the government, employees, host             in our communities to ensure sustainability    benefit of mankind. This is because we
                  communities, regulatory  agencies etc.                                                     understand that simply extracting natural
                                                              and economic empowerment.
                  We strive to create business balance -                                                     resources for profit is not sustainable in the
                  meeting the needs of our stakeholders       Identifying the needs of our host              long run but it must be done with an
                  without compromising our business           communities and ensuring their welfare and     integrated mindset to ensure that we get


                  obligations.                                safety is a key priority for us.               full value for our natural resources
                                                                                                             throughout the value chain. We also
                                                              .                                              recognize the need to minimize our
                                                                                                             environmental footprints by strengthening

                                                                                                             our environmental management systems.

                  Leveraging Technology to Improve            Employees Empowerment                          Environmental Compliance

                  Efficiency
                                                              Our employees come first -we leverage on        In Waltersmith, we understand the
                  At Waltersmith, we emphasize the            capacity building initiatives and provide      importance of adhering to environmental
                  importance of technology driven             clear career paths and trajectories while also   laws and policy as set by the regulatory

                  solutions to drive  performance and         championing programs designed to               agencies. Our environmental management

                  improve profitability. These solutions in    promote the health, safety and security  of    processes / systems are constantly being
                  addition to drive performance, enhances     our employees.                                 updated to ensure compliance with


                  work efficiency and thus contributes to                                                     relevant laws and proper alignment with

                  the bottom line of the company.             At Waltersmith, we believe once our            global best practices.
                                                              employees are taken care of mentally,
                                                              physically, work with the right tools and earn
                                                              decent wages, they would in turn take care
                                                              of the business. Putting our employees   first,
                                                              is not just part of our work policy but is
                                                              integral to our policy formation.


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