OUR ESG STRATEGY
Our purpose

 

At Frontera, we strive to operate with excellence and are committed to creating long-term value through the responsible and sustainable exploration and production of oil and gas. We value life, health and well-being, and promote the development of our communities, to work in harmony with the environment. 

To ensure a high-performance culture, we work collectively in an ethical and responsible manner, using our skills to grow the success of the Company and generate long-term value.

Our values inspire our decisions and our resources support our future endeavours; to lead Frontera and its partners to growth in a safe way.

Our ESG vision

 

Our commitments

 

Environmental

Conduct business in an environmentally responsible manner and reduce our impact on the environment.

 

  • Responsible consumption and production.
  • Preservation and protection of natural resources within our operation. 
  • Climate strategy and the fight against climate change through: energy efficiency, clean energy consumption, prevention, reduction, mitigation of greenhouse gases (GHG) and energy transition (decarbonisation of the energy system).
  • Clean water and responsible sanitation management 

 

Social

Health, Safety, and Workplace: Foster a work environment focused on health, safety, and environmental responsibilities.

 

  • Safe operating conditions, a culture of self-care, monitoring of occupational health and safety conditions, integrity of infrastructure and other assets, prevention of emergencies, and collaboration with contractors.
  • Promote the professional growth of employees and maximize employee performance with a focus on well-being and quality of life. 
  • Ensure fair and transparent hiring conditions. 
  • Foster a diverse and inclusive workplace.
  • Foster healthy and respectful labor relations with employees, unions and contractors.

 

Engagement and Community Investment – Ensure strong working relationships with our stakeholders, deliver significant economic and social benefits, and create lasting change in the areas where we operate. 

 

  • Social investment grounded in an understanding of the needs in our area of influence. 
  • Promote day-to-day respect for individuals and surroundings based on relationships of trust.
  • Contributing to the development, competitiveness, and sustainability of the local communities where we operate.
  • Procedures to promote local businesses and ensure quality, safety, ethical behavior, transparency with our local suppliers.
  • Strong relationships with the people in our areas of influence and indigenous communities.
  • Timely and transparent communication with all stakeholders.

 

Governance

Conduct our business ethically, in compliance with laws and pursuant to our corporate values, and generate long-term value for our stakeholders.

 

  • Policies, guidelines, and actions consistent with our Code of Business Conduct and Ethics.
  • Sound risk management and control processes.
  • Promote accountability and transparency across the organization.
  • Reporting on sustainability.
  • Promote respect for human rights.

Competition Act Disclaimer

 Due to recent amendments to Canada’s Competition Act, which create significant uncertainty in respect of how Canadian companies may legally communicate with the public regarding their environmental goals and performance, including their actions to address and mitigate climate change, Frontera Energy Corporation has temporarily removed sections of its environmental and ESG content from this webpage.

 In view of the absence of any transition period nor guidance from the Canadian government, and considering the uncertainty on how the new regulation will be interpreted and applied, the company has decided to restrict public access to its environmental-related communications at this time. Consequently, any clarity that the corresponding Canadian authorities can provide through specific guidance may help direct the company’s communications approach in the future.