The Best Sustainability Company in Latin America (2016)
Pacific E&P was selected, for the third time, as ‘The Best Sustainability Company in Latin America’ by World Finance from a short list of four companies. The World Finance organization utilizes a committee that evaluates companies recommended by local institutions and other peers. Pacific E&P was also recognized with this award in 2012 and 2014.
In 2016, after an extensive external audit of the processes and management systems, the Company was able to exhibit its commitment to gender equality in its selection of talent, organizational development, compensation, communication and other dimensions, obtaining the silver seal from the Ministry of Labor of Colombia and the United Nations UNDP. Out of 100 possible points, Pacific E&P scored 98.9, positioning itself as the first oil and gas company in Colombia and South America to receive the certification.
Certification for business continuity management (2016)
Pacific E&P is the first company in the sector in America to obtain certification under the ISO 22301:2012 norm granted by Bureau Veritas. The standard certifies that the Company has a continuity strategy for any scenario involving threat, managed through plans for recommencement of operations that are rehearsed regularly to guarantee operations, regardless of the emergency that occurs.
Dow Jones Sustainability Indices (DJSI) – North America (2013, 2014, 2015)
In 2015, Pacific E&P was listed in the DJSI North America for the third consecutive year. The Company is part of the top nine O&G industry leaders in North America, along with important companies such as Chevron, ConocoPhillips and ExxonMobil.
That year, Pacific E&P improved its scores in all criteria: economic, environmental, and social. Furthermore, the Company excelled in indicators such as labor practice and human rights, biodiversity, water related risks, occupational health and safety, and stakeholder engagement.
The DJSI, launched in 1999, measures the performance of the world’s sustainability leaders. The indices allows investors to appropriately benchmark sustainability-driven funds and derivatives over the long term.
EO100 Standard (2014)
Pacific E&P was certified with ‘Sustainable Barrels’ under the EO100 Standard. The Company received a score of 100/100, which indicates that operations at Quifa oilfields use the best practices in the industry in terms of social and environmental performance.
EO100 Standard is the only multiparty certification system that evaluates social responsibility and environmental practices at oil and gas exploration and production sites.
Voluntary Principles on Security and Human Rights (2014)
Pacific E&P was chosen to be one of the 28 companies that are a part of this international initiative, which offers practical guides for companies that operate in zones of conflict or with fragile governance. These guides ensure that public and private security forces that are responsible for protecting operations act within a framework that is respectful of human rights.
CorpU Awards (2014)
CorpU awarded ‘Best Overall Corporate University’ to Pacific Corporate University (PCU) among 100 candidates. CorpU recognized that Pacific E&P’s achievements in many of the categories make the PCU platform a truly transformative force within the organization. PCU also won awards in the following categories: Branding, Alliances and Leadership.
CorpU is an education technology firm focused on empowering innovation, problem solving, and strategic thinking, by unlocking the potential of an organization’s talent and leadership teams.
Women Together (2014)
The organization Woman Together recognized the social, environmental, human rights and ethics work of Pacific E&P. This award is an important recognition of the Company’s sustainable model and management.
Women Together is a non-profit organization formed by a multidisciplinary team, which is associated with the United Nations.
CIPS Certification (2012)
UK’s Chartered Institute of Purchasing & Supply (CIPS) awarded Pacific E&P with the Purchasing Policies, Processes and Procedures Certification (PPP) in September 2012 for its efficient actions in the development of supply chain management. This certification is widely acknowledged in the hydrocarbon sector.