Sustainability at Beach is about operating our business in a responsible and well considered manner, to deliver the maximum possible return to shareholders while sensibly managing the economic, social and environmental risks inherent within our industry.
Above all else, we are committed to safety, it takes precedence in everything we do.
We are committed to the environment, ensuring we minimise our impact and play a role in the transition to a low carbon economy.
We are also committed to the communities in which we operate, ensuring we leave a positive legacy through partnerships and economic investment.
REDUCING EMISSIONS – 25 by 25
As part of our aspiration to reach net zero by 2050 Beach aims to reduce Scope 1 and
Scope 2 absolute emissions by 25% by 2025 on 2018 levels.
This target will be achieved through several projects that reduce flaring, fugitive emissions, improve energy efficiency and incorporate renewable energy at Beach facilities.
As at the end of FY21 Beach’s emissions were down ~12% on FY18.
TO THE ENVIRONMENT
As a growing oil and gas explorer and producer, we recognise our responsibility to understand and respect the environment, to minimise our impact, and remediate areas affected by past activities.
Our Environmental Policy outlines our approach to operating in an environmentally responsible manner.
At Beach, safety takes precedence in everything we do. Beach’s objectives are to ensure:
- A healthy and safe workplace for all workers at all sites.
- The protection of members of the public possibly affected by its operations.
- Compliance with all applicable Government Acts, regulations and
- We facilitate good business outcomes and growth through excellent Health and Safety performance.
TO INDIGENOUS COMMUNITIES
Beach strives to build positive, long term, trusting relationships with the Indigenous communities from where we operate in Australia and New Zealand.
Beach is committed to protecting cultural heritage, and improving Indigenous participation through employment, training and business enterprise opportunities.
TO PARTNERING WITH COMMUNITIES
Beach recognises the importance of investing in the communities where it operates and being a good corporate citizen.
We partner with a range of community programs and projects that aim to add value to the lives of those who live near our operations.