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Focus Area 2009 Actions and Objectives Progress 2010 Actions and Objectives
Sustainability Reporting

Develop a sustainability measurement and reporting framework.

Establish a data collection methodology and a set of measures and performance indicators covering the environmental and social performance coupled with economic performance

Established data collection framework for key performance as determined by Senior Management. Improve the quality of our data and meet reporting commitment for the environmental, social and management areas.
Safety

Zero injuries at all sites.

Continue to improve safe operating procedures at our operations and joint ventures for all employees and contractors.

Achieved a zero lost time injuries at all sites.

Aggregation of data at corporate level.

Report lost time injury frequency rates and total recordable injury frequency rates across all sites.

Zero injuries at all sites.

Roll out further safety initiatives including improved application of risk assessment.

Our Team New for 2010 New for 2010

Ensure all employees are rewarded for both individual and company success, through implementation of our long term incentive plan that rewards all employees for company success linked equally to the three key performance areas of Base Business Delivery, Growth and Sustainability. We look to build a unified team with a cooperative and communicative culture.

Community

Support communities where we operate including ongoing monitoring the Taranaki coastal areas.

Maximise the benefits to communities during our operations so that we can leave a positive legacy on communities after closure

Collected data and information around investments made in the communities we operate.

Continue to engage with our communities through stakeholder engagement process.

Respond to community concerns?- including the impact of our development activities on local communities, and responding to broader community needs.

Engagement with stakeholders Communicate with stakeholders by providing an overview of sustainability issues and performance against our commitments that relate to our core business within our annual report and on our website. Provided an overview of sustainability issues we believed to be material to our business in our Annual Report 2009

Develop a formal internal and external stakeholder engagement plan and use these forums to understand and address material stakeholder issues and to understand how AWE is perceived to identify areas for improvement.

Report on our stakeholder engagement process and findings.

Environment

Develop an understanding of our greatest areas of environmental impact.

Develop environmental performance targets for future reporting.

Reported on:

  • Greenhouse gas emissions
  • Greenhouse gas intensity
  • Gas Flaring at operated sites
  • Incidents and spills

Define and commence data collection for the following indicators:

  • Energy consumption
  • Fresh water consumption
  • Impacts of our operations on biodiversity
  • Air quality (SOx and NOx)
  • Waste Management

Develop performance targets, and report our performance against targets in the next financial year in the company Annual Report and as part our Carbon Disclosure Project submission.

Climate change

Understand our exposure to climate change and associated regulation and to find ways to respond and adapt to the risks and opportunities associated with climate change

Measure greenhouse gas emissions across sites, and reduce emissions.

Greenhouse gas inventory capturing data from all operated and non-operated sites prepared.

Reduced greenhouse gas intensity (tCO2-e/BOE) by 5%.

During 2009, AWE responded to the Carbon Disclosure Project for the first time.

Improve energy efficiency and implement initiatives to reduce greenhouse gas intensity (tCO2-e/BOE).

Improve the data quality in our response to CDP and make this publicly available.

Reduce our flaring of hydrocarbon gases at the Tui oil field site.