Sustainability guides how we operate, invest, and deliver energy responsibly.
Everyone who works on behalf of Crescent Petroleum is responsible for the health, safety, security and welfare of our employees, joint venture employees and contractors, and for positively contributing to the protection of our assets throughout their intended lifecycle…
We are committed to:
Our commitment to this policy is demonstrated through visible leadership, effective communication, a proactive performance culture supported by transparent monitoring and reporting systems in conjunction with continuous investment in our people, assets, environment, and local communities. This policy will be reviewed regularly for continued applicability and relevance. We encourage our contractors and relevant stakeholders to commit to this policy.
Crescent Petroleum’s hard-earned reputation for dependability and ethical conduct makes us efficient, effective and resilient.
To creatively unlock the benefits of energy resources and make a transformative impact on the communities that we serve.
Being a trusted leader in sustainable energy, empowering communities, and driving responsible regional growth.
For Crescent Petroleum, sustainability is part of how energy infrastructure is developed, operated, governed, and maintained over time.
Crescent Petroleum integrates long-term responsibility across our business. Our approach focuses on the environment, community, health and safety, people and teams, and governance.
This framework facilitates how we embed sustainability into our day-to-day operations and decision-making processes across the organisation.
Since 2008, our operations in the KRI have enabled the displacement of higher-emission liquid fuels with cleaner-burning natural gas, avoiding more than 63.1 million tonnes of CO2e emissions.
As we expand in the KRI and develop new projects in Federal Iraq, this impact will continue growing.
By integrating emissions management, technology upgrades, and continuous process optimisation into daily operations, we strengthen resilience while reducing environmental intensity. Responsible performance supports stable production, disciplined cost control, and sustained competitiveness.
We actively participate in industry-led initiatives aimed at reducing greenhouse gas emissions, including carbon dioxide and methane, across the value chain.
Our focus is on measurable reductions in emissions intensity through structured oversight, operational upgrades, and the deployment of proven technologies. Performance is benchmarked against industry standards to ensure transparency, accountability, and continuous improvement.
This disciplined approach reinforces operational reliability, reduces long-term regulatory and transition risk, and supports responsible growth aligned with evolving stakeholder expectations.
Our operations helped create 47,000+ cumulative direct and indirect job years in the KRI between 2008 and 2025.
Empowering the communities in which we operate to thrive and grow is fundamental to the long-term success of our business. For example, we prioritise local talent wherever we can and favour local suppliers to generate economic opportunities for the communities across our operations.
Our Social Performance initiatives also reinforce that impact, helping improve the quality of life in and around our operations by promoting healthcare, education and arts, as well as promoting the social inclusion of people of determination.
We also invest in global initiatives and events to promote cleaner energy and social sustainability in our region.
Across production operations, drilling, and major capital project construction, all risks are systematically identified, assessed, and controlled.
Awareness of hazards, risks, and operational controls is reinforced through inductions, regular training, written procedures, toolbox talks, awareness programmes, and safety meetings. This approach applies to all activities under our control.
We maintain a robust contractor management process covering prequalification, selection, monitoring, and performance review. While particular attention is given to contractors engaged in higher-risk activities, strict safety standards apply to all contractors we work with.
By expanding technical expertise and reinforcing collaboration, we strengthen resilience across our organisation and ensure Crescent Petroleum remains equipped to deliver responsible energy solutions for the future.
Our development approach equips employees with the skills to think strategically and respond decisively to evolving operational challenges.
Mentorship, succession planning, and focused training strengthen capability in complex environments. Structured development and knowledge transfer reinforce business continuity.
This sustained investment in human capital enables our teams to adapt with confidence, lead with accountability, and contribute meaningfully to long-term value creation.
We support sound decision-making, protect stakeholder interests, and reinforce trust in how we conduct business with clear accountability, effective oversight, and robust controls across our operations.
Our governance framework promotes integrity, transparency, and compliance across all areas of the organisation.
Policies, procedures, and internal controls are regularly reviewed to ensure they remain effective, relevant, and aligned with evolving regulatory requirements and industry expectations.
We continue to strengthen our digital capabilities and information security practices to protect critical systems, safeguard data, and support business continuity.
Our sustainability priorities align with the United Nations Sustainable Development Goals (UN SDGs), and we disclose our contributions across each priority in our Sustainability Report.
