Sustainability

Sustainability at Karoon

Sustainability touches all areas of our business, playing a major role in our decision making as we build a long-term future delivering energy through safe, reliable and responsible operations. As an oil producer, Karoon faces the challenge of continuing to provide the world with a much needed secure and reliable supply of oil while also being committed to minimising our carbon footprint and delivering value for our stakeholders.

Karoon considers a successful approach to sustainability to be a key enabler to the overall success of our Company strategy. This is particularly evident in our 2021 Strategic Refresh, the results of which are summarised in our investor presentation of 28 October 2021. Sustainability was a core element in decision making throughout the Refresh process, culminating in the definition of Karoon’s five core pillars of sustainability.