ENVIRONMENTAL SOCIAL GOVERNANCE

“ESG is an inextricable part of how we do business”

Energy Companies and Organizations have not in over a century experienced the kind of change that is currently in play worldwide. Vast new energy reserves and energy sources are being uncovered to meet growing global demand. Climate Change is driving public and corporate policy resulting in dynamic technological landscapes for delivering Energy from multiple options that include optimization of Hydrocarbons, while driving dramatic growth in Solar, Wind, Geothermal and other sustainable sources. The dynamic mix and history of this industry leaves us heavily dependent on fossil fuels in near term while pushing to leverage non-carbon options.

ENVIRONMENTAL

Environmental, includes the energy your company takes in and the waste it discharges, the resources it needs, and the consequences for living beings as a result. Most people think that “E” simply encompasses carbon emissions and climate change. But, every company uses energy and resources; every company affects, and is affected by, the environment.

Base performs as a steward of our natural environment, focusing on:

  • waste management and pollution
  • resource depletion
  • greenhouse gas emission
  • deforestation
  • climate change
  • carbon capture solutions
  • Climate change and carbon emissions
  • Biodiversity 
  • Energy efficiency consulting

SOCIAL

Social, addresses the relationships Base has and the reputation it fosters with our people, clients, and institutions in the communities where you do business. Social includes labor relations and diversity and inclusion.

Social criteria for how Base treats our people, clients, neighbours concentrates on:

  • Employee relations & diversity
  • Working conditions
  • Community relations:
    seeks explicitly to fund projects or institutions that will serve those in need or to enhance the quality of life of our neighbours and neighbourhoods
  • First Nations policy and engagement
  • Health and Safety policies and standards
  • Conflict resolution
  • Customer satisfaction
  • Data protection and privacy
  • Human rights
  • Labor standards

SOCIAL

Social, addresses the relationships Base has and the reputation it fosters with our people, clients, and institutions in the communities where you do business. Social includes labor relations and diversity and inclusion.

Social criteria for how Base treats our people, clients, neighbours concentrates on:

  • Employee relations & diversity
  • Working conditions
  • Community relations:
    seeks explicitly to fund projects or institutions that will serve those in need or to enhance the quality of life of our neighbours and neighbourhoods
  • First Nations policy and engagement
  • Health and Safety policies and standards
  • Conflict resolution
  • Customer satisfaction
  • Data protection and privacy
  • Human rights
  • Labor standards

GOVERNANCE

Governance, is the internal system of practices, controls, and procedures Base has adopted in order to govern itself, make effective decisions, comply with the law, and meet the needs of external stakeholders.  As part of our Governance, Base has identified material ESG-related risks and opportunities, and has embedded them into our long-term value creation story.

Governance criteria for how Base polices itself, how the company is governed, and managed, focuses on:

  • board diversity and structure
  • executive compensation incentives
  • donations and political lobbying
  • corruption and bribery
  • audit committee structure 
  • political contributions
  • employee confidentiality
  • tax strategy

Our strong ESG proposition helps attract and retain quality employees and enhance employee motivation by instilling a greater sense of purpose.

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