Our 2021 Sustainability Report is Vermilion’s eighth report on how we manage economic, environmental, social and governance (EESG) factors, including impacts, risks and opportunities.
We originally produced an online report that was updated once annually, with printable long- and short-form PDFs in our key languages.
With our 2017 report, we changed our approach, allowing our report to be updated online through the year, with a printable PDF generated whenever significant changes occur. As needed, we can augment this with a short highlights summary in key languages when the annual Performance Metrics cycle is complete each year (generally in July). 102-49
Our goal is to continually streamline our annual reporting, allowing us to meet the needs of our external stakeholders, maintain the robust discussions and alignment needed under various reporting frameworks – with priority to TCFD, SASB and GRI’s comprehensive option – while reducing an increasing reporting burden. In 2021, we refreshed our reporting to provide additional flexibility for different audiences, generating two reports in one:
Within each section of the report, we establish key areas of discussion for each of Vermilion’s nine identified Material Topics under the GRI Universal and Topic-Specific Standards, and the SASB Standards:
As such, this report incorporates GRI's 10 key Reporting Principles for defining report content and quality. 102-49
We note increasing external stakeholder pressure to expand issues of materiality beyond what we have identified. To aid sustainability and ESG analysts, we have expanded our GRI Content Index to include the SDGs, UN Global Compact, S&P Global, the EU Directive on Non-Financial Disclosures, the Task Force on Climate-Related Disclosures, and the Sustainability Accounting Standards Board.
This report covers Vermilion's operated business units, including Canada (CBU), France (FBU), Netherlands (NBU), Germany (GBU), Ireland (IBU), Central and Eastern Europe Business Unit (CEE), Australia (ABU) and U.S. (USBU).
|Report Title||Performance Metrics Included|
2021 Sustainability Report
2020 Sustainability Report
|2019 Sustainability Report||2012-2018|
|2018 Sustainability Report||2012-2017|
|2017 Sustainability Report||2012-2016|
|2016 Sustainability Report (report title renumbered to publication year rather than Performance Metrics year)||2012-2015|
|2014 Sustainability Report||2012-2014|
|2013 Sustainability Report||2012-2013|