Better Health for All

Capricorn Energy's core business is oil and gas exploration and production, which means 90-100% of its revenue is from products with established negative health impacts. The company's principal goods and services have a neutral direct health impact. The company undertakes comprehensive efforts to mitigate negative health externalities from its operations, including flare gas recovery, switching from diesel to natural gas (resulting in a 7% reduction in diesel consumption in one block in 2023), power consolidation, and rectifying 68 out of 148 identified fugitive emission points.

Feasibility studies for hydrogen production and carbon capture were also completed in 2023. The company provides substantial mental health support, including employee health benefits, tailored support during organizational changes in 2023, and funding for external counselling services for pregnancy-related challenges and early parenthood. In 2023, the company's social investment projects provided medical care to over 2,000 people in Egypt's Swani Samalos (population 6,000+) and Galala (population 17,000+) communities, representing approximately 8.7% of the combined population. These projects targeted the poorest families and communities lacking local healthcare, and also included donations to various charities in Scotland and the UK that provide baby packs, meals for the needy, and support for vulnerable groups.

Fair Money & Economic Opportunity

Capricorn Energy PLC is an oil and gas exploration and production company, not a financial institution that offers lending, insurance, or deposit services to consumers. Consequently, most KPIs related to consumer financial products and services, such as underserved client share, pricing fairness, exploitative fee exposure, data accessibility, fair lending compliance, wealth building outcome, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable. While the company engages in community support, including investing $240,000 in social investment in Egypt, providing IT skills training in Totness, and sponsoring the Al Amal Graduate Training Programme for over 120 graduates, these initiatives do not constitute financial services as defined by the rubric's KPIs.

The KPI for profit_reinvestment is omitted as the company's annual pre-tax profit, necessary for calculating the required percentage, was not provided.

Fair Pay & Worker Respect

In 2022, Capricorn Energy reported zero Lost Time Injuries (LTIs) per million hours across the group.

The company reported a Gender Pay Gap (GPG) of 20.7% for FY23/24, which decreased from 21% the previous year. Initiatives to reduce this gap include inclusive recruitment, mentorship programs, flexible working, and parental leave policies.

Fair Trade & Ethical Sourcing

Capricorn Energy PLC ensures that 100% of its significant investment agreements and material corporate service contracts include human rights and modern slavery clauses.

All Capricorn-appointed suppliers are required to comply with the company's Code of Ethics, which includes audit rights and potential termination for non-compliance. The company reports zero substantiated forced or child labor incidents in its supply chain for 2024 and 2025, and states no significant risks were identified in 2024, supported by proactive risk assessments and supplier due diligence.

Honest & Fair Business

Capricorn Energy PLC reported no confirmed incidents of corruption or legal actions for anti-competitive behavior in 2023 and 2024

, and no regulatory fines were mentioned in recent reports . However, the company averaged approximately two financial restatements per year over the past two years. The audit scope covered 97.7% of total assets in 2024 . The company achieved an MSCI 'AAA' rating and a CDP 'A-' for climate change . Capricorn Energy maintains a zero-tolerance position on bribery, fraud, and corruption , with annual staff certification to its Code of Ethics, regular anti-corruption training for all employees and higher-risk roles , updated risk assessments , and due diligence on business partners . Its ethical claims are extensively verified by third parties, including PWC for financial statements , Deloitte LLP for GHG emissions , GLJ Ltd. for oil and gas reserves , and other third parties for Code of Ethics compliance, ABC management systems, salary processes, and performance evaluations . The company has a robust whistleblowing policy, reviewed annually by the Audit Committee , which offers specialist third-party reporting options like Safecall (available 24/7, 365 days a year) and Public Concern at Work , and guarantees confidentiality . One whistleblowing report was received in 2023, which was investigated with no further action taken .

No War, No Weapons

Capricorn Energy PLC's core business is oil and gas exploration and production.

The company does not manufacture weapons or engage in military contracts. , All of Capricorn's product is used within the domestic Egyptian market. The company has no exposure to any weapons, nor does it have mineral inputs or procurement from conflict zones.

Planet-Friendly Business

Capricorn Energy's total Scope 1, 2, and 3 equity emissions were approximately 2.28 million tCO2e in 2022, showing a 32.7% decline from 2021.

The company has established SBTi commitments with targets aligned to a 1.5°C pathway, aiming for net zero Scope 1 and 2 equity emissions by 2040, with interim reductions of 15% by 2025 and 30% by 2030. In 2022, 8.01% of its purchased electricity was from renewable sources. The waste diversion rate was 71.58% in 2021, but the company reported no use of recycled input materials in 2023. Capricorn acquires high-quality carbon offsets, certified by Verra, Gold Standard, and American Carbon Registry, covering approximately 21.5% of its 2022 total equity emissions. The company has a consistent record of zero environmental compliance violations from 2017 to 2023 and received an Operational Energy Efficiency award. Its TCFD disclosures are fully aligned with recommendations, including all 11 disclosures across four areas, and climate risk is integrated into ERM. The company conducts advanced climate scenario analysis using IEA's STEPS, APS, and NZE scenarios, as well as 1.5°C, 2-3°C, and 4°C warming pathways, integrating financial quantification into strategic decisions. It transparently states that assets are not expected to be closed early due to climate risks, with the portfolio generating value even under a 1.5°C scenario. Capricorn supports communities in Egypt with a $240,000 project to build resilience around freshwater shortages and provides internal training, $90,000 in student sponsorships, and $56,000 for community IT support for a just transition.

Respect for Cultures & Communities

No specific, quantitative evidence was provided in the article to assess Capricorn Energy PLC against the defined KPIs for 'Respect for Cultures & Communities'. While the article mentions general commitments to human rights, supporting local communities, conducting Social Impact Assessments, and investing absolute amounts in CSR projects in Egypt ($240,000)

and Suriname ($150,000) in 2023 , it lacks the specific data points required by the rubric's KPIs, such as the company's total revenue to calculate percentages, the number of formal partnerships, details on cultural impact assessment protocol quality, or specific cultural preservation investments. Therefore, no KPIs can be scored.

Safe & Smart Tech

Capricorn Energy PLC demonstrates a commitment to responsible technology use through robust data protection and cybersecurity measures. The company complies with General Data Protection Regulation (GDPR) requirements, providing mandatory training to staff to maintain compliance and internal risk governance.

Mandatory e-learning modules covering cybersecurity, cyber fraud, and data protection are implemented across the organization. All employees are trained in anti-bribery and corruption policies and procedures. In 2023, the company reconfigured its cybersecurity framework, doubling its cybersecurity maturity level as independently assessed against the National Institute of Standards and Technology (NIST) Cyber Security Framework. The company has a Cyber Incident Response Plan in place, which is verified and tested with third parties, and its data and cybersecurity measures are regularly assessed against threats. There are no documented data breaches or incidents of unauthorized data use. The company's core operations in the oil and gas sector do not extensively involve consumer data or AI-driven technologies.

Zero Waste & Sustainable Products

Capricorn Energy PLC reported a waste diversion rate of 4.85% in 2022.

The company did not use any recycled input materials in 2024. It has implemented over 10 waste reduction initiatives, including aligning with the material management hierarchy, developing waste management plans, favoring waste-to-energy disposal, ensuring contractor compliance, electrification, replacing diesel with gas turbines, flare gas recovery, focusing on fugitive emissions, and conducting hydrogen and carbon capture feasibility studies. These initiatives led to a 20% reduction in GHG emissions, 52% reduction in routine flaring, 26% reduction in methane emissions, and 13% reduction in diesel consumption in 2024 compared to 2023. For hazardous waste, 658.31 metric tonnes were sent to landfill in 2022, while 76.66 metric tonnes were diverted, and recovered oils were recycled from contaminated cuttings. The company aligns its processes with the material management hierarchy of reduce, reuse, recycle, and recover, treating a circular approach as high materiality. Robust waste audits are carried out every six months. The company reported no waste disposal violations or infractions from 2017 to 2023, and controls averted a potential issue with a contractor burning waste on-site in 2023.