Sustainable Development of Communities
Pacific Exploration & Production Corp. is committed to developing long-term solutions to meet the needs identified within the communities where it operates by implementing the Social Investment Plan and working in conjunction with government institutions.
First, the Company establishes a direct dialogue with the communities to encourage discussion and consensus, afterwards commitments and a joint agenda are established whereby government institutions, communities, and the Company work collaboratively to improve the surroundings, guaranteeing a balance between the social and the environmental contributions, promoting social inclusion and equity, and ensuring a transparent management.
This commitment relies on four lines of action:
Collaborating with government institutions and civil society in order to contribute to the management of local affairs, the efficient use of public goods and the identification of priorities that reinforce institutionality and social fabric.
Contributing to children, young, adult, and ethnic communities’ education, thus providing essential tools to acquire values, competences, knowledge and technical and personal skills that promote comprehensive development.
Supporting agricultural productive projects and ventures that contribute to the sustainable use of biodiversity, the revitalization of local economies, the income generation, and the employment in compliance with the law and based on values.
These projects aim to generate financial profit while meeting the needs of the society in the areas of influence.
Supporting the State in terms of helping the municipalities in emergency situations and strengthening institutions –both locally and countrywide– through philanthropic initiatives especially related to health and education.
The joint contribution is based on the commitment with the countries in which the Company operates and is framed within a strategic vision based on common goals and interests.