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SUSTAINABLITY

Environment

Global warming remains a big challenge in our world today and a key focus area. Many organizations in the O&G and other industries have been focusing on the Paris agreement and Conference of the Parties (COP28) whereby parties to the United Nations Framework Convention on Climate Change (UNFCCC) convene annually to address climate change and the possible collaborative efforts to limit global warming and pursue efforts to limit temperature increase to 1.5C, reduce gas flaring globally, minimize environmental impact and conserve natural resources.

It is estimated that Iraq’s raw gas production is at 2,875 billion cubic feet p/day (Bcf/d) – of which 1,594 million scf/d is being flared. This represents $3.5 billion loss annually, not to mention the adverse climate and environmental consequences, from this gas produced as a byproduct of crude oil production. This places Iraq as the second largest gas flaring country in the world after Russia. (Source: the Iraq Energy Institute IEI 2022).

Society

In Lengthon , Safety is at the core of our operations – focusing on the Safety for our people, our assets, and the environment. Our objective is to support enhancing our Safety culture and our Goal Zero journey whereby our employees and contractors can go home safely to their families every day. Various tools and training are given to our employees to improve their knowledge on Safety and avoidable incidents, enhance skills and capabilities and encourage a mindset of intervention where necessary to help employees do the right thing. At BGC we aim at minimizing hazards and have a safe work environment.

Each year we celebrate Safety Day to emphasis on the importance of Safety which should be close to our minds and hearts in our daily activities and imbedded in our daily behaviors to enable us to build a stronger safety culture. In 2021, BGC completed a whole year without tier-1 and tier-2 leaks – a testament of a strong Process Safety performance.

Economy

Health plays a crucial role in any organization as it impacts our employees’ wellbeing, productivity, and overall performance. In Lengthon we focus on a healthy workforce to reduce absenteeism, increase employee satisfaction, and fosters a positive work environment.

Our employee well-being is essential in our Company as it fosters a sense of security and care for our employees leading to increased job satisfaction and morale.

Healthy staff means a safer workplace which eventually results in reducing medical expenses, insurance claims and worker compensation costs for the Company and improves outcomes for both our employees and the business, creating a better employee value proposition, and a caring work environment.