Kosmos Energy Publishes Annual Corporate Responsibility Report
By disclosing performance data, payments made to host governments, and real-life examples from Kosmos’ operations around the world, the report marks the company’s progress in promoting safety, environmental sustainability, human rights, and stakeholder engagement.
Key initiatives described in the report include:
- Disclosing payments made to host governments in aggregate and at the project level. Kosmos believes this type of disclosure is beneficial to civil society, local communities, and investors, and reflects evolving international expectations. It complements Kosmos’ existing practice of making its petroleum contracts publicly available on the company’s website.
Creating the Kosmos Innovation Center, an exciting initiative that
mentors young entrepreneurs in
Ghanaand helps them start and scale small businesses focused on addressing under-served needs in agriculture. The program provides seed funding and technical assistance to winners of the annual AgriTech Challenge competition.
- Facilitating workshops for government agencies, parliamentarians, civil society organizations, and media outlets to promote good governance and transparency in Senegal’s oil and gas sector.
Investing in a multi-year program to improve the safety culture at
Natuurtechnisch Instituut, a technical school in
Paramaribo, Suriname that serves approximately 2,500 students.
Deepening cross-cultural understanding in
the United Statesby sponsoring The Keir Collection of Islamic Art Gallery, an internationally acclaimed exhibition at the Dallas Museum of Artthat preserves and protects treasures of the past while promoting new scholarship aimed at expanding collective knowledge of the Islamic World.
More information about the 2016 Corporate Responsibility Report, the company’s Business Principles, and Kosmos’ commitment to being a force for good can be found at www.kosmosenergy.com.
Kosmos is a leading independent oil and gas exploration and production
company focused on frontier and emerging areas along the Atlantic
Margin. Our assets include existing production and development projects
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that Kosmos expects, believes
or anticipates will or may occur in the future are forward-looking
statements. Kosmos’ estimates and forward-looking statements are mainly
based on its current expectations and estimates of future events and
trends, which affect or may affect its businesses and operations.
Although Kosmos believes that these estimates and forward-looking
statements are based upon reasonable assumptions, they are subject to
several risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or
other similar words are intended to identify forward-looking statements.
Such statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of Kosmos, which may
cause actual results to differ materially from those implied or
expressed by the forward-looking statements. Further information on such
assumptions, risks and uncertainties is available in Kosmos’
View source version on businesswire.com: http://www.businesswire.com/news/home/20170720005385/en/
Neal Shah, +1-214-445-9628
Rhys Williams, +1-214-445-9693
Thomas Golembeski, +1-214-445-9674