Vermilion Energy Inc..
VET.US | Extraction of crude petroleum
Vermilion Energy Inc. is an international energy producer focused on the acquisition, exploration, development, and production of oil and natural gas. The company operates in North America, Europe, and Australia. Vermilion's activities primarily involve extracting crude petroleum and natural gas fro...Show More
Better Health for All
0
Vermilion Energy Inc.'s core business of extracting and selling crude petroleum and natural gas has no direct positive or negative health impact within the scope of the 'Better Health for All' value, as environmental pollution control is explicitly excluded from this category. Consequently, its principal goods and services and associated revenue are considered health-neutral. The company does not offer health-related products or services, nor does it collect health data. While Vermilion supports community initiatives such as the LEAD program, which provides mental health support to over 400 youth annually, and the Healthy Start Program, which provides nutritious food to approximately 24 schools, these programs are not part of its core business and lack the specific quantitative data (e.g., funding as a percentage of revenue or expenditure) required by the rubric to assign a score for relevant KPIs.
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Fair Money & Economic Opportunity
0
Vermilion Energy Inc. is an international energy producer, not a financial institution. The ethical value 'Fair Money & Economic Opportunity' assesses activities related to lending, insuring, moving, or storing money. The provided articles detail the company's community investment programs and charitable giving, which are general corporate social responsibility initiatives. In 2019, 86% of staff globally agreed with the statement "I feel good about the ways we contribute to the community."
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In 2021, 640 staff hours were spent during working hours supporting 18 organizations.
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The estimated cost savings to partner organizations was $14,510.
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In 2021, $97,572 was given in Give Time Grants.
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The LEAD Program supports over 400 youth annually.
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The Healthy Start Program supports ~24 schools in operating areas.
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Funding supported repair work at a center providing Meals on Wheels to seniors.
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None of the articles contain specific data points or information relevant to financial products, lending practices, fee structures, customer financial outcomes, or financial literacy programs. Therefore, all KPIs are scored as 0, indicating they are not applicable as the company's core business lies outside the financial services sector.
Fair Pay & Worker Respect
0
No specific quantitative data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. The available information from employee reviews on Glassdoor explicitly states that data for living wage coverage, CEO median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, and health insurance coverage is not available.
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Fair Trade & Ethical Sourcing
0
No evidence available to assess Vermilion Energy Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
20
Vermilion Energy's board comprises 88% independent directors.
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The company also has an Anti-Corruption, Sanctions and Anti-Money Laundering Policy and a Whistleblower Policy, which includes a third-party reporting platform.
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Kind to Animals
0
No specific, concrete data points relevant to any of the 'Kind to Animals' KPIs were found in the provided articles. While articles mention conservation projects and biodiversity action plans, they do not provide measurable biodiversity impact, species recovery, or habitat restoration metrics required by the rubric. For all other KPIs, no relevant information was available.
No War, No Weapons
0
The provided articles discuss Vermilion Energy's corporate governance, compliance, diversity, and sustainability goals.
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However, they explicitly state that they do not contain any data relevant to the 'No War, No Weapons' ethical value or its specific metrics, such as arms sales, dual-use technology, sales to embargoed regimes, peacebuilding investments, or conflict-zone policies.
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Therefore, no KPIs can be scored based on the evidence provided.
Planet-Friendly Business
-10
Vermilion Energy sourced 10% of its operational energy consumption from renewables (solar + purchased) in 2024.
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The company reported zero fines for environmental non-compliance from 2020 to 2024.
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In 2022, it conducted 94 comprehensive environmental impact assessments, covering 86% of its exploration and production sites.
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Vermilion has applied the TCFD framework, with a TCFD report included in its Sustainability Report, and climate-related risks are integrated into its risk management.
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The company conducts comprehensive climate scenario analysis, including 1.5°C and 2°C pathways (RCP 4.5 scenario), with strategic planning explicitly linked to these outcomes.
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The company states that none of its operating areas are deemed to be under water stress, indicating 0% of water withdrawal from stressed basins.
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Respect for Cultures & Communities
60
Vermilion Energy engages 70 to 80 community partners annually through partnerships and sponsorships.
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The company provides a 24/7 Whistleblower Hotline, hosted by a third-party, for community concerns, allowing anonymous complaints via a webpage or through various internal channels.
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For cultural site protection, the company employs archeological specialists and has a protocol to stop work, notify regulatory authorities, and consult Indigenous Peoples for guidance if a potential cultural or archeological site is identified.
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In Ireland, 45% to 50% of the workforce for a specific project was recruited from local communities, with the percentage remaining at or above 50%.
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The company provides its employee handbook and intranet news in English, French, Dutch, and German.
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If a cultural heritage site is confirmed, the company is guided by Indigenous knowledge keepers on next steps, such as preserving or avoiding the site.
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Safe & Smart Tech
-20
Vermilion has not experienced a cybersecurity breach in the last three years.
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The company's authentication relies on passwords for confidential electronic data
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and password protection for wireless phones and handheld devices, with no mention of multi-factor authentication.
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Users have control over their personal data, able to modify or withdraw consent, request access, and update or correct their information.
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The company collects various types of personal information, including voluntarily submitted data, automatically collected statistics, and uses cookies, retaining it for a reasonable period according to various retention schedules.
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Vermilion maintains a strong compliance program, adhering to a wide range of regulations across multiple jurisdictions and types, including ESTMA, REMIT, Australian Tax Transparency Code, Canadian and US securities laws, IFRS Accounting Standards, Sarbanes-Oxley Act, GHG Protocol, ISO 14064-3 standard, human rights laws, environmental regulations, and privacy legislation, with some external verification.
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Zero Waste & Sustainable Products
0
No specific, quantitative data relevant to VET.US (Vermilion Energy Inc.) and the 'Zero Waste & Sustainable Products' ethical value was found in the provided articles. Articles
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and
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discuss a company named 'Vermilion' or 'Vermilion Holdings, Inc.' which is a US market leader in take-back programs for post-consumer products
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, a business model distinct from VET.US's core activity as an oil and natural gas producer. Articles
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,
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, and
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, while from Vermilion Energy's website, explicitly state they do not contain data relevant to zero-waste or sustainable product initiatives for VET.US.