2022Sustainability Report
Buru Energy Limited Sustainability Report for the year ended 31 December 2022
Chief Executive Officer’s Letter
Thomas Z Nador
Chief Executive Officer
I am pleased to present Buru Energy’s 2022 Sustainability Report.
It builds on our inaugural report from 2021 and sets out our continued commitment to managing our Environmental, Social and Governance (ESG) responsibilities, and the paths to measuring and improving our ongoing sustainability performance and reporting.
In 2021, we began mapping our ESG efforts and priorities in line with the Global Reporting Initiative (GRI) standards and aligning our climate disclosures with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).
In 2022, we made significant progress refining our efforts across the ESG spectrum, working toward aligning our actions and long-term goals of protecting our people, the communities of the lands on which we operate, the environment, and our reputation as a responsible and trusted aspiring diversified energy company.
Read MoreAbout This Report
This Sustainability Report provides an overview of Buru’s approach to sustainability and performance for the 12-month period from 1 January 2022 to 31 December 2022, which is in alignment with Buru’s Financial Reporting.
This is the second Sustainability Report the Company has produced, following on from the inaugural report of 2021, and provides further insight into how Buru manages its material sustainability risks and opportunities, to create social, economic and environmental value. Buru Energy will continue to produce a Sustainability Report annually.
The Board of Buru were involved in the development of this report and have approved the publishing of its content.
Frameworks and Standards
This report has been prepared in accordance with the Global Reporting Initiative’s (GRI) latest sector standard; GRI 11: Oil and Gas Sector 2021, as well as the GRI Universal Standards 2021.
For increased transparency, and in areas where GRI disclosures were not applicable, the following additional guidance was incorporated; Task Force on Climate-related Financial Disclosures (TCFD), International Petroleum Industry Environmental Conservation Association (IPIECA) and the United Nations Sustainable Development Goals (UN SDGs).
Global Reporting Initiative
United Nations Sustainable Development Goals
International Petroleum Industry Environmental Conservation Association
Task Force on Climate-related Financial Disclosures
Memberships and Associations
Buru is a member of the following industry organisations:
Australian Petroleum Production & Exploration Association (APPEA)
Safer Together - WA / NT Oil and Gas Exploration and Production Industry Safety Forum
Global Carbon Capture Storage Institute
Natural Hydrogen Association of Australia
