Statement of social responsibility

Karoon operates in a range of socially diverse environments, including the northwest coast of Australia, the south coast of Brazil and the north coast of Peru.

In Karoon, we believe that the way to conduct a successful operation is to engage with the local communities early in order to know their culture and history and to fully understand their concerns with respect to the hydrocarbon project activities and therefore, to build dialogue and trust from the start of the project. Karoon recognizes the importance of building transparent and respectful relationships that allow having a positive environment in the communities.

Karoon’s approach to enable a relationship of trust is based on our commitment to:

Respect the local culture and customs;

Respect the environment where we operate;

Comply with the local agreements and observe the laws and regulations of the countries where Karoon operates, as well as respond to expectations from the governmental and regulatory authorities;

Build our knowledge about the local communities where we operate, by collecting real social data, as well as respect diversity and identify various ways to contribute to the communities’ quality of life, where possible;

Promote and support the participation of communities and their representatives in Karoon’s projects in order to allow them to have a better understanding of the hydrocarbon sector;

Promote and support the participation of communities and their representatives in Karoon’s projects in order to allow them to have a better understanding of the hydrocarbon sector;

Communicate, in a transparent manner, all aspects of Karoon’s operations with the communities, government and local regulatory authorities;

Use innovative methods and tools to develop communication strategies in order to reach entire communities in the areas where we operate;

Implement processes to educate officers and contractors to ensure that they understand and appreciate the diverse cultural values and traditional beliefs of local communities.