Fair Money & Economic Opportunity

Energean PLC is an independent oil and gas exploration and production company.

The company's core business activities do not involve offering lending, deposit, or other financial services to consumers. Therefore, all Key Performance Indicators (KPIs) related to 'Fair Money & Economic Opportunity,' which are designed for financial institutions, are not applicable to Energean PLC's operations. The rubric's '0' tier is assigned to each KPI, reflecting that the company does not engage in the financial services activities these KPIs measure.

Fair Pay & Worker Respect

No specific, quantitative evidence was provided in the article to assess any of the KPIs for Fair Pay & Worker Respect. The article states that Energean is a signatory of the UN Global Compact, which includes principles on freedom of association, collective bargaining, elimination of forced and child labor, and non-discrimination

. However, these are pledges and principles, not concrete data points on actual performance, percentages, or incident counts required by the rubric.

Honest & Fair Business

Energean publishes annual sustainability reports, with the most recent issued on May 22, 2025.

These reports are prepared in accordance with the Global Reporting Initiative (GRI 2021 Standards), the Sustainability Accounting Standards Board (SASB) Oil and Gas E&P standard, and the 10 Principles of the United Nations Global Compact (UNGC). The 2025 Sustainability Report has been externally assured by EY (Ernst & Young) Greece. The company also makes annual reports and CSR factsheets publicly available.

Planet-Friendly Business

Energean recycled and reused 99% of its water in 2023.

The company also reported a track record of zero environmental incidents during operations in the Gulf of Kavala, Montenegro, and Israel. In 2023, 81% of total waste was recycled, with non-hazardous waste decreasing from 3,420t in 2022 to 394t. Energean has committed to setting science-based targets to reduce greenhouse gas emissions in line with 1.5°C emissions scenarios.

Zero Waste & Sustainable Products

The company recycled 81% of its total waste in 2023, following 95.2% in 2022 and 90.5% in 2021.

Non-hazardous waste decreased from 3,420 tonnes in 2022 to 394 tonnes in 2023. Additionally, 99% of water withdrawals in production sites were recycled and reused in 2023, a slight decrease from 99.8% in 2022. All company assets are certified according to the Environmental Management Standard ISO 14001.