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Values Matter
2016 Sustainability Report
Values Matter
2016 Sustainability Report
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Ethical Culture

Excellence. Trust. Respect. Responsibility. Our core values guide what we do and how we do it. 

Each director and officer understands they have a fiduciary duty to Vermilion and its stakeholders, including the obligation to act honestly and in good faith. Our Code of Business Conduct and Ethics (“Code of Conduct”) outlines a framework of guiding principles for directors, officers and employees globally, and supports the personification of our core values and the demonstration of ethical business practices. G4-56

Specifically, the Code of Conduct covers:

The Code of Conduct is contained within each country-specific Employee Handbook. These handbooks, which are published on our company intranet, also contain Vermilion’s country-specific policies, workplace guidelines, and employment obligations. 

Our employment obligations cover the following topics:

We require all of our Directors, officers and employees to review their employment obligations annually, including sign-off to confirm their understanding and compliance with these obligations. G4-41

Within the company, our President and CEO and our EVP People & Culture hold responsibility for these policies, while our entire executive team operates with an open-door policy for staff concerns about any of these issues. This is augmented by a confidential website email or link and phone number that allow staff to anonymously report concerns or seek advice from our Corporate Secretary, who is a partner of our external legal counsel and not a Vermilion employee. The Corporate Secretary can then take those concerns directly to the Board of Directors. Our whistleblower policy – known internally as our “Reporting of Inappropriate Activity Policy” – prohibits retaliation, harassment or discrimination against anyone making a complaint or reporting a concern. No concerns or complaints were registered with the Corporate Secretary in 2015.G4-49  G4-50  G4-57  G4-58

Values Matter
Vermilion Energy