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Values Matter
2016 Sustainability Report
Values Matter
2016 Sustainability Report
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2016

GRI Content Index

IndicatorIndicator DescriptionLocation or Description
     
GENERAL STANDARD DISCLOSURES 
STRATEGY AND ANALYSIS 
G4-1 CEO sustainability statement Message From Our Chief Executive Officer
G4-2 Description of key impacts, risks and opportunities Our Approach to Sustainability
ORGANIZATIONAL PROFILE 
G4-3 Name of organization Vermilion Energy Inc.
G4-4 Primary brands, products, services About Vermilion
G4-5 Location of headquarters Calgary, Alberta, Canada
G4-6 Countries of operation About Vermilion
G4-7 Nature of ownership and legal form About Vermilion
G4-8 Markets served About Vermilion
G4-9 Scale of organization

About Vermilion

Economic & Operational Highlights
Performance Metrics

OG-1 Total proved reserves

Assurance
Vermilion retained GLJ, an independent qualified reserve estimator, to assess its reserves; the LGJ Resources Assessment was prepared in accordance with the Canadian Oil and Gas Evaluation Handbook and NI 51-101

Performance Metrics

Economic & Operational Highlights

G4-10 Workforce metrics Performance Metrics
G4-11 Employees under collective bargaining Performance Metrics
G4-12 Organization's supply chain About Vermilion
Our Value Chain
G4-13 Significant changes during reporting period About Vermilion
G4-14 Precautionary approach Our Approach to Sustainability
G4-15 External initiatives to which the company subscribes Our Approach to Sustainability
Associations
G4-16 Memberships in associations

Associations

Our Focus on Environment 

IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES 
G4-17 List all organizational entities About Our Report
G4-18 Define report content and Aspect Boundaries About Our Report
Identifying Issues
Material Issues
G4-19 List all material Aspects Identifying Issues 
Material Issues
Materiality Analysis
G4-20 Explain Aspect Boundaries within organization Identifying Issues
Material Issues
Materiality Analysis
G4-21 Explain Aspect Boundaries outside organization Identifying Issues 
Material Issues 
Materiality Analysis
G4-22 Restatements of previous info, if applicable Performance Metrics
G4-23 Significant changes from previous reporting periods No significant changes.
STAKEHOLDER ENGAGEMENT 
G4-24 List stakeholder groups engaged by the organization (Sector supplement including indigenous peoples) Stakeholder Engagement
G4-25 Basis for identifying and selecting stakeholders with whom to engage Stakeholder Engagement
G4-26 Approach to stakeholder engagement Stakeholder Engagement
G4-27 Key topics and concerns raised through stakeholder engagement (Sector supplement including indigenous peoples) Stakeholder Engagement
REPORT PROFILE 
G4-28 Reporting period 2014
G4-29 Date of most recent previous report 2013
G4-30 Reporting cycle Annual
G4-31 Contact point for questions about report Dean Morrison, Director Investor Relations
sustainability@vermilionenergy.com
G4-32 In accordance option & index In accordance with GRI G4 Comprehensive
G4-33 External assurance Listed in GRI Content Index
GOVERNANCE 
G4-34 Governance structure Our Highest Governing Body 
2015 Proxy Statement & Info Circular
G4-35 Process for delegating authority for economic, environmental & social topics to senior executives and other employees Our Highest Governing Body
G4-36 Executive level position in EESG Our Highest Governing Body
G4-37 Consultation process between stakeholders and highest governance body on EESG Our Highest Governing Body
G4-38 Composition of highest governance body and committees Our Highest Governing Body
G4-39 Is chair of highest governance body also an executive officer? No
G4-40 Nomination and selection process for highest governance body

Board Diversity

2015 Proxy Statement & Info Circular

G4-41 Processes for avoiding conflict of interest for highest governance body Ethical Culture
2015 Proxy Statement & Info Circular
G4-42 Highest governance body's roles in developing organization's purpose, value, mission, EESG policies Our Highest Governing Body
G4-43 Measures to develop highest governance body's knowledge about EESG Board Diversity
G4-44 Process of evaluating highest governance body's performance in EESG

Risk Oversight

2015 Proxy Statement & Info Circular

G4-45 Highest governance body's role in identifying EESG risks and impacts Risk Oversight
G4-46 Highest governance body's role in reviewing effectiveness of EESG risk management processes Risk Oversight
G4-47 Frequency of 4-46 review

Quarterly

Risk Oversight

G4-48 Highest level of formal sustainability report review CEO
G4-49 Process for communicating critical concerns to highest governance body Our Highest Governing Body
G4-50 Nature and number of concerns communicated

No critical concerns communicated

Performance Metrics

G4-51 Remuneration policies for highest governance body and senior executives 2015 Proxy Statement & Info Circular
G4-52 Process for determining remuneration 2015 Proxy Statement & Info Circular
G4-53 Process for stakeholder engagement in determining remuneration Proven Performance
G4-54 Ratio of annual total compensation of highest-paid individual to median annual total compensation all employees

Transparency of Compensation

Performance Metrics

G4-55 % annual increase of G4-54 Performance Metrics
ETHICS AND INTEGRITY 
G4-56 Organization's values, principles, standards such as codes of conduct and ethics Ethical Culture
G4-57 Mechanisms for seeking advice on ethical issues Ethical Culture
2015 Proxy Statement & Info Circular
G4-58 Mechanisms for reporting ethical concerns

Our Highest Governing Body

Ethical Culture
2015 Proxy Statement & Info Circular

SPECIFIC STANDARD DISCLOSURES 
ECONOMIC 
Economic Performance 
G4-DMA   Discussion of Management Approach
G4-EC1 Direct economic value generated and distributed

Assurance
LBG Canada annual audit of 2012, 2013 and 2014 community investment data
Performance Metrics
G4-EC2 Financial implications of climate change Protecting What's Important
Climate Change
G4-EC2SS Reduction in water use Water Use
Performance Metrics
G4-EC3 Coverage of defined benefit plan obligations Performance Metrics
G4-EC4 Financial assistance received from government Performance Metrics
G4-OG1 Volume and type of estimated proved reserves and production

Performance Metrics

Economic & Operational Highlights

 

ENVIRONMENTAL 
Energy 
G4-DMA   Discussion on Management Approach
G4-EN3 Energy consumption within the organization Performance Metrics
G4-EN4 Energy consumption outside of the organization (use of sold products) Performance Metrics
G4-EN5 Energy intensity

Performance Metrics

Greenhouse Gas Emissions

G4-EN6 Reduction of energy consumption

Performance Metrics

Greenhouse Gas Emissions

G4-EN7 Reductions in energy requirements of products and services Through the production of natural gas, Vermilion in many cases helps to fuel a power generation alternative with a feedstock that is estimated to be 50 to 60 percent cleaner burning than coal.
OG-2 Total amount invested in renewable energy Performance Metrics
OG-3 Total amount of renewable energy generated by source Performance Metrics
Water 
G4-DMA   Our People
Our Focus on Safety
Our Focus on Environment 
Protecting What's Important 
Our Regulatory & Reporting Framework
Materiality Analysis
G4-EN8 Total water withdrawal by source Performance Metrics
G4-EN9 Water sources significantly affected by withdrawal of water Performance Metrics
G4-EN10 Percentage and total volume of water recycled and reused

Performance Metrics

Water Use

Emissions 
G4-DMA Assurance

Scope 1 and 2 emissions verified in accordance with ISO 14064-3

Our People
Our Focus on Safety
Our Focus on Environment
Protecting What's Important
Materiality Analysis
G4-EN15,SS Direct greenhouse gas (GHG) emissions (Scope 1)

Performance Metrics

Greenhouse Gas Emissions

G4-EN16 Energy indirect greenhouse gas (GHG) emissions (Scope 2)

Performance Metrics

Greenhouse Gas Emissions

G4-EN17, SS Other indirect greenhouse gas (GHG) emissions (Scope 3) Performance Metrics
G4-EN18, SS Greenhouse gas (GHG) emissions intensity

Performance Metrics

Greenhouse Gas Emissions

G4-EN19 Reduction of greenhouse gas (GHG) emissions

Performance Metrics

Greenhouse Gas Emissions

G4-EN20 Emissions of ozone-depleting substances (ODS) Performance Metrics
G4-EN21 NOX, SOX, and other significant air emissions Performance Metrics
Effluents & Waste 
G4-DMA   Our People
Our Focus on Safety
Our Focus on Environment 
Protecting What's Important 
Our Regulatory & Reporting Framework
Materiality Analysis
G4-EN22 Total water discharge by quality and destination Performance Metrics
G4-EN23 Total weight of waste by type and disposal method Performance Metrics
G4-EN24 Total number and volume of significant spills Performance Metrics
G4-EN25 Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the Basel Convention2 Annex I, II, III, and VIII, and percentage of transported waste shipped internationally Performance Metrics
G4-EN26 Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the organization’s discharges of water and runoff Performance Metrics
OG-5 Produced water by disposal method Performance Metrics
OG-6 Volume of flared and vented hydrocarbon

Performance Metrics

Greenhouse Gas Emissions

OG-7 Drill mud & cuttings Performance Metrics
Overall
G4-DMA   Our People 
Our Focus on Safety 
Our Focus on Environment 
Protecting What's Important 
Our Regulatory & Reporting Framework 
Materiality Analysis
EN-31 Total environmental expenditures Performance Metrics
SOCIAL 
Employment 
G4-DMA   Proven Performance
Materiality Analysis
G4-LA1 Total number and rates of new employee hires and employee turnover by age group, gender, and region

Performance Metrics

Our People

G4-LA2 Benefits provided to full-time employees that are not provided to temporary or part-time employees

Performance Metrics

Compensation & Benefits

G4-LA3 Return to work and retention rates after parental leave, by gender Performance Metrics
Occupational Health and Safety 
G4-DMA   Our People
Compensation & Benefits
Encouraging Communication
Learning & Development
 
Our HSE Commitment
G4-LA5 Percentage of total workforce represented in formal joint management–worker health and safety committees that help monitor and advise on occupational health and safety programs

Performance Metrics

Our Focus on Safety

G4-LA6 Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender Performance Metrics
G4-LA7 Workers with high incidence or high risk of diseases related to their occupation Performance Metrics
G4-LA8 Health and safety topics covered in formal agreements with trade unions Performance Metrics
OG-13 Process safety events Performance Metrics
Training and Education 
G4-DMA   Proven Performance 
Governing Sustainability
Materiality Analysis
G4-LA9 Average hours of training per year per employee by gender, and by employee category Performance Metrics
G4-LA10 Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings

Encouraging Learning & Development

G4-LA11 Percentage of employees receiving regular performance and career development reviews, by gender and by employee category

Performance Metrics

Encouraging Learning & Development

HUMAN RIGHTS 
Non-discrimination
G4-DMA   Identifying Issues
Materiality Analysis
G4-HR3 Total number of incidents of discrimination and corrective actions taken Performance Metrics
Indigenous Rights
G4-DMA   Our Value Chain
Materiality Analysis
Human Rights Grievance Mechanisms
G4-DMA   Identifying Issues
Materiality Analysis
SOCIETY
Anti-corruption
DMA   Identifying Issues
G4-SO3 Total number and percentage of operations assessed for risks related to corruption and the significant risks identified Performance Metrics
G4-SO4 Communication and training on anti-corruption policies and procedures Performance Metrics
G4-SO5 Confirmed incidents of corruption and actions taken Performance Metrics
Values Matter
Vermilion Energy