Geopark Ltd · NYSE:GPRK
Geopark — ESG Presentation (June 2023)
21 slides from Geopark's sustainability presentation, June 2023
Slide 1: Embracing Sustainability
EMBRACING SUSTAINABILITY June 2023
Slide 2: Long-Term Value Proposition
LEADING INDEPENDENT LATAM E&P COMPANY LONG-TERM VALUE PROPOSITION NET AVERAGE DAILY PRODUCTION (BOEPD) % SPEED = ESG+ Building the Right Team • Net Zero Commitment Proven Team and Unique (Scope 1 & 2) Culture CAGR CONSOLIDATED • Majority Independent 11% Directors • Neighbor and Employer of Choice 20
Slide 3: Agenda
AGENDA Company-wide E S G • Climate Change • Employees • Board of Directors • Circular Economy • Communities • Best Practices • Biodiversity • Dialogue • Transparency 33
Slide 4: Company-wide
COMPANY-WIDE 44
Slide 5: Safety First
PROTECTION OF HEALTH AND LIFE SAFETY FIRST KEY METRICS 8.6 8.1 7.4 6.2 0.4 BARRELS of oil spilled per million 1.84 barrels produced 0.87 0.80 0.61 0.29 0.70 20 DAILY TRAINING SESSIONS 0.40 0.35 resulting in a total of 7,212 safety sessions delivered* 2019 2020 2021 2022 Total Recordable Injury Rate
Slide 6: Respect for Human Rights
FOUNDATION FOR SUSTAINABLE OPERATIONS RESPECT FOR HUMAN RIGHTS GRIEVANCE MECHANISM • Commitment to Human Rights ALIGNED WITH HIGH • OECD Guidelines, UNGP, World Bank • Differential treatment for HUMAN RIGHTS STANDARDS • 93% of formal questions resolved indigenous communities DUE DILIGENCE • Prior co
Slide 7: Innovation
INNOVATION: INNOVATION DO IT EFFICIENTLY, DO IT BETTER FOCUS INDUSTRY STANDARD: INNOVATIVE SOLUTION: REACTIVE PUMP REPAIR AI TO PREDICT FAILURES Increase Optimize Production Processes 7 days 10 days 7 days 10 days Pump Rig to Production Pump Rig to Production Failure Repair Pump Restored Failure Rep
Slide 8: Environment
ENVIRONMENT 88
Slide 9: Climate Change
CLEAN HYDROCARBONS E S G CLIMATE CHANGE GHG EMISSION INTENSITY REDUCTION TARGETS Scopes 1 & 2 (GeoPark operated) CLEANER ENERGY MIX : ENERGY EFFICIENCY: Baseline: 2020 Significant 80,000 CO2 tons reduced 30,000 CO2 tons reduced Short-Term Emission Intensity progress Llanos 34’s connection to the Inv
Slide 10: Circular Economy
CLEAN HYDROCARBONS E S G CIRCULAR ECONOMY A circular economy maintains the value of products, materials and resources as long as possible and minimizes residue production REDESIGN products and processes to reduce residues WATER WASTE USE OF MANAGEMENT MANAGEMENT GHG 704 m3 rainwater 102 tons of 501,
Slide 11: Biodiversity
CLEAN HYDROCARBONS E S G BIODIVERSITY Our biodiversity protection management 01 CONSERVATION 02 AWARENESS PROTECTED AREAS - HIGHEST CONSERVATION TARGETS KNOWLEDGE • Negotiation for the acquisition of +1600 ha for the new Manacacías • +69,000 biodiversity data disclosed in SiB Colombia in 2022 Nation
Slide 12: Social
SOCIAL 12 12
Slide 13: Commitment to Our Employees
EMPLOYER OF CHOICE E S G COMMITMENT TO OUR 482 EMPLOYEES 100% 38% of employees own of revenue generating shares of the Company management positions are held by women of employees have BLOOMBERG GENDER- access to health insurance, parental 50% EQUALITY INDEX Members of the Bloomberg GEI leave and lif
Slide 14: Sustainable Community Development
NEIGHBOR OF CHOICE E S G SUSTAINABLE COMMUNITY DEVELOPMENT ENHANCING THE WELL-BEING OF OUR NEIGHBORS • 450+ Putumayo families have access to clean energy • 2,000+ homes have been improved • 8,300+ medical services for vulnerable individuals PROMOTING CULTURE, EDUCATION & SPORTS FOR REGIONAL DEVELOPM
Slide 15: Dialogue & Citizen Participation
NEIGHBOR OF CHOICE E S G DIALOGUE & CITIZEN PARTICIPATION CITIZEN PARTICIPATION • Prior consultation with communities • Internal and external training on the Escazú Agreement, SDGs COMMUNITY ENGAGEMENT • 130+ leaders trained in peace building capabilities in Casanare and Putumayo ONGOING DIALOGUE •
Slide 16: Governance
GOVERNANCE \\ ) \'@
Slide 17: Strong Board Oversight
GOVERNANCE E S G STRONG BOARD OVERSIGHT INDEPENDENT BOARD MEMBERS FEMALE CHAIR OF THE BOARD SYLVIA ROBERT A. CONSTANTINE SOMIT CARLOS E. ESCOVAR BEDINGFIELD PAPADIMITRIOU VARMA MACELLARI • Valuable combination of public • Extensive experience as a • Respected and successful • Proven and respected in
Slide 18: Following Best Practices
GOVERNANCE E S G FOLLOWING BEST PRACTICES CULTURE OF ETHICS AND COMPLIANCE • Independent Ethics Line • Extractive Industries • Board of Directors with • SPEED Committee Transparency Initiative (EITI) an independent female sets strategy Chair direction for ESG • Compliance Risk Matrix: Corruption, Fr
Slide 19: Standards & Reporting Guidelines
TRANSPARENCY & DISCLOSURE E S G STANDARDS & REPORTING GUIDELINES STANDARDS AND REPORTING GUIDELINES • Global Reporting Initiative (GRI) • The Sustainable Accounting 01 Standards Board (SASB) • Carbon Disclosure Project (CDP) Water & Climate Change INDEXES AND RADARS We have a strong • MSCI framework
Slide 20: CLEANEST &
CLEANEST & KINDEST SAFEST, LOWEST HYDROCARBONS COST & MOST EFFICIENT OPERATOR CONSISTENT FREE CASH FLOW & VALUE DELIVERY COMMITMENT & CUBTURE FX ka
Slide 21: GeoPark: Creating Value and Giving Back
Laat i. oll GEOPARK CREATING VALUE AND GIVING BACK