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Values Matter
2016 Sustainability Report
Values Matter
2016 Sustainability Report
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2016

Performance Metrics

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ASPECT / Indicator Name2012201320142015NotesGRI
ORGANIZATIONAL SCALE
Financial
Gross petroleum and natural gas sales ($) 1,083,103 1,273,835 1,419,628 939,586   G4-9, EC1a
Canada 304,202 382,005 537,788 320,613  
France 388,410 453,315 431,252 281,422  
Netherlands 123,528 139,570 123,815 129,057  
Germany     41,962 41,384  
Ireland       57  
Australia 266,963 298,945 283,481 162,765  
United States     1,330 4,288  
Direct Economic Value Distributed, by Business Unit
Operating costs – total – excludes transportation, royalties and G&A ($ thousands) 178,442 195,043 232,307 225,938   G4-9, EC1a,b
Canada 55,418 55,804 76,178 89,085  
France 54,907 66,997 61,729 50,718  
Netherlands 19,149 20,617 24,041 22,746  
Germany     8,686 10,956  
Ireland       15  
Australia 48,968 51,625 61,432 51,676  
United States     241 742  
Employee wages and benefits costs – total ($ M) 116,134 134,729 168,552 155,638   G4-EC1a,b
Canada 71,167 86,714 95,021 79,066  
France 17,672 19,945 24,948 22,419  
Netherlands 9,598 9,514 14,378 19,192  
Germany     681 3,787  
Ireland          
Australia 17,697 18,556 29,628 26,248  
United States     3,896 4,986  
Dividends declared ($ thousands) 223,717 242,599 272,732 283,575   G4-9, G4-EC1a,b
Interest payments 27,586 38,183 49,655 59,852   G4-EC1a,b
Taxes paid – total ($ thousands) 181,913 218,359 157,336 51,115  
Canada 1,582 1,403 1,420 1,091 Note
Canada: Corporate taxes related to holding companies that pay current taxes in foreign jurisdictions. Corporate income tax for the Canadian business unit is $0.
France 63,006 94,524 66,901 23,764  
Netherlands 25,648 34,132 4,154 12,152  
Germany     44 0  
Ireland       0  
Australia – includes PRRT and corporate taxes 91,677 88,300 84,817 14,108  
United States      0 0  
Royalties paid – total ($ thousands) 52,084 67,936 108,000 65,920   EC1SS
        Canada 31,667 40,891 65,563 28,144  
France 20,417 27,045 28,444 26,958  
Netherlands 0 0 5,014 3,082  
Germany     8,613 6,479  
Ireland       0  
Australia 0 0 0 0  
United States     366 1,257  
Community investments – total (also see additional economic impact below) ($ thousands) 718 1,076 1,345 1,012   G4-EC1a,b
Canada 531 801 919 686  
France 117 188 189  158  
Netherlands 41 29 114  89  
Australia 29 58 124  65  
United States       14  
Economic value retained – total corporate (Sales less Direct EV distributed) ($ thousands) 302,509 375,910 429,701  96,536  
Economic value retained in Canada Business Unit 143,837 196,392 298,687  122,541  
Economic value retained in France Business Unit 232,291 244,616 249,041  157,405  
Economic value retained in Netherlands Business Unit 69,092 75,278 76,114  71,796  
Economic value retained in Germany Business Unit     23,938 20,162  
Economic value retained in Ireland Business Unit       42  
Economic value retained in Australia Business Unit 108,592 140,406 107,480 70,668  
Economic value retained in US Business Unit      -3,173 -2,697  
Assets, Debt and Equity
Net land position (acres)  1,807,024 2,207,800  2,539,700 2,734,045 Note
2012/3: Canada, France, Australia, Netherlands, excludes Ireland

2014/5: Canada, France, Australia, Netherlands, Hungary, US. Excludes Ireland, Germany
G4-9
Common shares outstanding (millions)  (basic) 99.135 102.123  107.303 111.991  
Market capitalization ($ billions) 5.125 6.367 6.116  4.212  
Fund flows from operations ($ thousands) 557,728 667,526 804,865  517,167  
Fund flows from operations per basic share 5.69 6.61 7.63  4.71  
Fund flows from operations per diluted share 5.62 6.51 7.51  4.65  
Net earnings ($ thousands) 190,622 327,641 269,326  -217,302  
Net earnings per basic share 1.94 3.24 2.55  (1.98)  
Capital expenditures ($ thousands) 452,538 542,726 687,724 486,861  
Acquisitions ($ thousands) 315,438 36,689 601,865  28,897  
Cash dividends per share 2.28 2.40 2.58  2.58  
Dividends as % of fund flows from operations, gross 40% 36% 34%  55%  
Dividends as % of fund flows from operations, net 27% 26% 24%  25%  
Long term debt  ($ thousands) 642,022 990,024 1,238,080  1,162,998  
Total shareholders’ equity  ($ thousands) 1,418,646 1,716,375 2,021,346  1,858,659  
Total assets ($ thousands) 3,076,257 3,708,719 4,386,091  4,209,220  
Total shareholder return 19.60% 24.60% -4.40%  -29.50%  
Operations
Number of operations (business units) 4 4 5 5 Note
Five operated business units. Seven business units in total.
G4-9
Production (bbls/d) – crude oil 23,971 25,741 28,879 28,502  
Production (bbls/d) - NGLs 1,299 1,730 2,533  4,214  
Production (mcf/d) – natural gas 75,200 81,210 108,850  133,240  
Production (boe/d) – total 37,803 41,005 49,573  54,922  
Total proved + probable reserves, gross (MBOE) (Canada, France, Netherlands, Australia and United States; excludes Ireland and Germany) 143,695 174,453 212,518  227,102 Note
2012/3: Canada, France, The Netherlands, Australia. Excludes Ireland.

2014/5: Canada, France, The Netherlands, Australia, US. Excludes Ireland and Germany (non-operated).
OG1
GOVERNANCE
Ratio of annual total compensation of highest-paid individual to median annual total compensation all employees; compensation includes base salary, bonus, Vermilion Incentive Plan, and allowances (e.g., holiday pay) 17.51 24.88  26.92 26.83   G4-54
Ratio of % change in CEO compensation to % change in employee median compensation from G4-54 NA 12.7:1 3.73:1  1.03:1   G4-55
ETHICS
Requests for advice on ethical behaviour through corporate secretary 0 0 0 0   G4-56
Business conduct investigations 0 0 0   G4-57
Violations of rights 0 0 0  
Monetary value of fines for non-compliance with laws & regulations 0 0 0  
Total number of concerns expressed via hotlines or whistleblower lines 0 0 0  
Political donations 0 0 0  
ADDITIONAL ECONOMIC IMPACT
Days of Caring (DWH) – hours by employees 1,000 1,179 2,128 1,995   G4-EC1
Employee volunteer grant program: Vermilion donations ($) 14,500 22,358 46,188  40,138  
Employee volunteer grant program: Employee hours 1,392 4,831 8,875  9,079  
LBG corporate giving – total including external resources leveraged: ($) 964,173 1,310,226 1,624,122  1,348,415  
Small circle (cash contribution) ($) 553,733 860,708 1,063,220  789,688  
Medium circle (additional direct support) ($) 163,862 214,738 282,244  258,117  
Big circle (external resources leveraged) ($) 246,578 234,780 278,659  300,610  
Additional community investment not included elsewhere  – road safety ($) 70,000 140,000 44,100  0  
Defined Benefit Plan Obligations         Note
Defined Benefit Plan Obligations: Until 2014, our Netherlands business unit had a defined benefit plan - our only business unit with such a plan. The plan liabilities were met using a fund held separately from our general accounts by Aegon, a pension insurance company. In 2014, we worked extensively on pension changes for 2015 due to contract expiry at the end of 2014. In 2015, we grandfathered the defined benefit plan and rolled out a defined contribution plan in the NBU.
Note: In Germany, we have a hybrid contribution plan, as pure defined contribution plans are not possible due to German legislation. The hybrid plan is similar to a defined contribution plan, but there is a guaranteed minimum return. This liability is managed using a fund held separately from our general accounts by Allianz, a pension insurance company.
G4-EC3b,d,e
Level of coverage of the fund’s assets compared to obligations 100% 100% 100% 100%  
Percentage of salary contributed by employee 6% 6% 6% 6%  
Contribution of employer:  Annual premium per employee Annual premium per employee Annual premium per employee Annual premium per employee Note
Contribution of Employer: When an employee starts, Aegon calculates the funds the employee will need at 65 to retire (to buy a pension). Vermilion then pays an annual premium based on gender, age, salary and number of future working years.
Level of participation in retirement plans 100% in NL 100% in NL 100% in NL 90% in NL  
Financial Assistance Received from Government (e.g. tax relief/credits, subsidies, royalty holidays) 0 0 0 0   G4-EC4
ENVIRONMENTAL
*For complete methodologies, refer to Vermilion CDP submission. Vermilion uses the following protocols to calculate Scope 1 and 2 emissions: Australia: National Greenhouse and Energy Reporting Act Compendium of Greenhouse Gas Emissions Methodologies for the Oil and Natural Gas Industries, 2009, American Petroleum Institute France : Arrêté du 31 janvier 2008 relatif au registre et à la déclaration annuelle des émissions polluantes et des déchets For global warming potentials: Environment Canada, Fourth Assessment Report, 2007
Energy
Energy consumption within the organization, in GJ, all non-renewable *Scope 1: includes natural gas, propane liquid, diesel fuel and vehicle fuel. 2,724,115 2,758,361 3,012,091 2,970,235   G4-EN3
Canada 1,897,339 1,977,236 2,130,186 2,022,377  
France 7,062 26,016 35,351 19,925  
Netherlands 31,897 31,248 33,842 14,148  
Australia 787,817 723,861 811,060 793,525  
United States NA NA 1,652 120,259  
Energy consumption outside the organization, in GJ, all non-renewable *Scope 2, all electricity, conversion: 1 MWh=0.2777 Gj 1,011,274 972,957 1,022,429 1,198,584   G4-EN4
Canada 169,481 169,481 181,438 223,557  
France 531,306 562,861 551,298 656,877  
Netherlands 309,853 239,749 287,681 313,423  
Australia 642 867 695 772   Line 150: G4-EN5
United States NA NA 1,317 3,955  
Energy intensity ratio – oil & gas production (Gj/boe) 0.34 0.32 0.22 0.21  
Total amount invested in renewable energy  $140,000 $140,000 $147,000 $42,600 Note
2012 & 2013: Cost to establish the geothermal system for the tomato greenhouse heating in Parentis, from its inception, annual breakdown not available, assumed split between 2012 and 2013.

2014: Costs to date related to geothermal pilot project in the NBU.
2015: NBU geothermal pilot: 30,000E
OG2
Total amount invested in renewable energy as % of capital expenditure
*Capex 2012 = $452,538,000
*Capex 2013 = $542,726,000
*Capex 2014 = $687,724,000
*Capex 2015 = $486,861,000
.03 .03  0.02 0.01  
Renewable energy and GHG emissions avoided GHG emissions avoided: *Basis of metric: Tomato greenhouse in Parentis, France. Based on 10,000 tonnes of CO2e not generated per annum assuming electricity would have been used to heat the greenhouse, and using a France Grid Intensity Factor of 0.08 kg CO2/kWh 125,000 125,000  125,000 125,000   OG3
Total amount of renewable energy generated by source (in MWh): *Actual energy content transferred NA NA NA 31,380 Note
Data became available from our partner in 2015
Water 
Total water withdrawal by source, (all, m3) 996,415 819,523 1,091,587 881,029   G4-EN8
Canada NA NA 227,323 92,044  
France NA NA 681,734 563,201  
Netherlands NA NA 30 0  
Australia NA NA 182,500 207,500  
United States NA NA 0 18,284  
Surface water, including wetlands, rivers, lakes, oceans 348,961 313,262 302,053  233,165  
Canada NA NA 119,553 25,665 Note
Reduction associated with decreased activity level.
France NA NA 0 0  
Netherlands NA NA 0 0  
Australia NA NA 182,500 207,500  
United States NA NA 0  0  
Groundwater 640,854 490,410 755,873 630,537  
Canada NA NA 101,401 61,858 Note
Reduction associated with decreased activity level.
France NA NA 654,442 550,395  
Netherlands NA NA 30 0  
Australia NA NA 0 0  
United States NA NA 0 18,284  
Municipal water supplies or other water utilities 6,600 15,851 33,661  14,455  
Canada NA NA 6,369 1,649 Note
Reduction associated with decreased activity level.
France NA NA 27,292 12,806  
Netherlands NA NA 0 0  
Australia NA NA 0 0  
United States NA NA 0 0  
Total number of water sources significantly affected by withdrawal of water 0 0 0   G4-EN9
Total volume of water recycled and reused = reduction in water use 0 7,400 21,934  2,872   G4-EN10
Canada NA NA 0 0 Note
2015: We changed our completion program in 2014, which allowed for a significant increase in water reuse; reductions in 2015 reflect a significantly smaller completions program.
France NA NA 0 0  
Netherlands NA NA 0 0  
Australia NA NA 0 0  
United States NA NA 0 0  
Total percentage of water recycled and reused 0 0.9% 2%  0.33%  
Emissions
Gross direct (Scope 1) GHG emissions, operational control & equity 288,781 310,285 514,553 430,531 Note
Restate: 2014 data (Increase) reflects updated methodology
G4-EN15a
CO2 Scope 1 emissions (CO2, excluding CH4 and N2O) 212,933 220,538 383,586 333,643   SS
Canada 112,000 110,066 235,228 187,921  
France  24,303 37,981 59,276 48,525  
Netherlands 35,741 33,432 41,795 43,721  
Australia  40,889 39,059 45,822 46,013  
United States  NA  NA 1,466  7,464  
Methane, in tCO2 75,848 89,747 130,713 96,625  
Canada  45,688 57,513 94,241  56,672 Note
Reduction from 2014 to 2015 is associated with emission reduction initiatives in our Alberta and Saskatchewan assets.
France  5,244 10,055  10,961 12,852  
Netherlands  8,965 8,851 8,711 9,436  
Australia  15,951 13,327 16,727 17,294  
United States NA NA 74  371 Note
Increase reflects full year of operation in 2015
Nitrous Oxide (N2O) - tCO2e Not tracked Not tracked 253 263  
Canada Not tracked  Not tracked   52 50  
France Not tracked  Not tracked 109 118  
Netherlands Not tracked Not tracked 0  
Australia Not tracked Not tracked  92  96  
United States Not tracked Not tracked  0.00  0.005  
Hydrofluorocarbons Not tracked Not tracked Not tracked  Not tracked   
Perfluorocarbons Not tracked Not tracked Not tracked Not tracked   
Sulfur hexafluride Not tracked Not tracked Not tracked Not tracked   
Gross indirect (Scope 2) GHG emissions CO2e 85,223 79,309 73,410 96,600   G4-EN16
Canada      41,006.79  48,899.59  
France     12,251.06 7,619.15  
Netherlands      19,908.05  39,630.79 Note
Majority of power consumption associated with GTC; switched to 100% green power in 2016.
Australia      151.00 162.93  
United States      93.15  287.88  
Gross other indirect (Scope 3) GHG emissions 2,839 9,860 2,997,538 7,858,296 Note
Increase due to revision of Scope 3 quantification methodologies
G4-EN17
Biogenic CO2 Scope 3 emissions 0 0  0    
Estimated scope 3 associated with end use of products Not applicable Not applicable 2,250,071 7160865 Note
Increase due to revision of Scope 3 quantification methodologies
SS
GHG emissions intensity, O&G production, Scope 1, CO2e per barrel of oil equivalent 0.0209 0.0207 0.028  0.0226   G4-EN18SS
GHG emissions intensity, O&G production, Scope 2 CO2e per barrel of oil equivalent 0.0062 0.0053 0.004  0.0051  
Emissions of ozone-depleting substances 0 0 0   G4-EN20
NOx, SOx and other significant air emissions, broken down by gas all for production, except SO2 Not currently tracked Not currently tracked 2,847 544   G4-EN21
SO2 Not tracked Not tracked 2,847 544   G4-EN17
Canada      1970.63 181.2412782 Note
Reduction associated with decrease in flaring from Sask asset
France      876.03 363.0802191 Note
Reduction associated with the sale of Vic Bihl gas.
Netherlands     0 0  
Australia     0 0  
United States     0 0  
Effluents and Waste
Total water discharge by quality and destination m3 275,299 7,665,326 7,776,122 8,212,284   G4-EN22
Canada     95,661 33,616 Note
Reduction associated with decreased activity level.
France     1,596  454  
Netherlands     5,835 3,274  
Australia   7,530,821  7,673,030 8,156,657  
United States      0  18,284 Note
Water from drilling/ completions would be disposed of via deep well injection.
Total weight of waste by type and disposal method, metric tonne 87,189 114,226.86 113,881 82,143   G4-EN23
Canada     112,658 50,170  
France     162 8,420  
Netherlands     114 4,501  
Australia     0 450  
United States     948 18,602  
Reuse 0 7,400 21,935 78 Note
2014: We changed our completion program, which allowed for a significant increase in water reuse.
Canada     21,934 0  
France     0 0  
Netherlands     0 24  
Australia     1 54  
United States     0 0  
Recycling 36 13.48 107  2,855  
Canada     25 43  
France     29 2,091  
Netherlands     12 664  
Australia     42 58  
United States     0 0  
Recovery, including energy recovery 1,551        
Incineration     6,276  3,396  
Canada          
France     3,000 1,303  
Netherlands     3,276 2,094  
Australia          
United States          
Deep well injection 46,026 3,649 74,323  49,506 Note
2014: Increase due to change in reporting methodology.
Canada     74,323 31,223  
France          
Netherlands          
Australia          
United States       18,284  
Landfill 27,721 33,015 34,908 20,137  
Canada     34,860 13,511 Note
Reduction due to decreased activity level
France       4,573  
Netherlands       1,715  
Australia     48 338  
United States          
On-site storage 0 0 90  
Canada       90  
France          
Netherlands          
Australia          
United States          
Other – Oilfield Waste Processing 11,855 70,150 4,679 6,081  
Canada     3,451 5,304  
France     280 454  
Netherlands       5  
Australia          
United States     948 318  
Total number and volume of significant spills *No significant spills requiring reporting in financial statements in 2012-2015 *No impacts due to other spills; immediate clean-up initiated m3 78 137 119  188 Note
Increase in 2015 reflects increase in reporting associated with maturity of our HSE program
G4-EN24
   66 194 79 180  
Weight of hazardous materials transported across international borders 0 0 0 0   G4-EN25
Water bodies significantly affected by discharges of water & runoff 0 0 0 0   G4-EN26
Total volume of produced water (m3) 1,559,854 1,599,692 23,156,436 24,457,667 Note
2012/3: Reported figure is for Canada only.

2014 on: Reported figure is for all operated business units.
OG5
Canada   1,599,692 2,040,024 2,524,903  
France     13,414,954 13,605,896  
Netherlands     12,736 100,598  
Australia   7,530,821 7,673,030 8,156,657  
United States     15,692 69,612 Note
Full operated year
Volume and % of produced water by disposal method: 67% 67% 67% 67% Note
2012-2014 restated to 67% to better reflect water discharged to sea in Australia
Reused 0 0 0  
Recycled 0 0 5,096  15,076  
Reinjected (m3) 1,559,854 1,599,692 15,478,310 16,285,934 Note
2013: Reported figure is for Canada only.

2014: Reported figure is for all operated business units.
Canada  1,559,854  1,599,692  2,040,024  2,524,903  
France      13,414,954 13,605,896  
Netherlands      7,640  85,522  
Australia      NA    
United States     15,692 69,612  
Total volume of hydrocarbon discharged within produced water (tonnes) 242 244 113 275  
Canada     0 0  
France     0 0  
Netherlands     0 165  
Australia *This discharge comes from the produced water released to the sea in Australia and is within our operating approval volume     113 110  
United States     0 0  
Volume of continuously flared hydrocarbon by business unit: (m3) 15,032.79 17,891.39 71,683 54,405   OG6
Canada 103m3/yr 2,173 3,137 46,884.90 34,999.90 Note
2015: Reduction due to reduced flaring in SK
Australia 734 293 512.80 442.50 Note
2014: Increase due to performance issues and outages with the recovered gas compressor. This means that gas (at medium and lower pressures) that would normally be recovered and compressed went to flare.
France  11,347 14,108 22,284.70 17,472.14 Note
2015:Part of reduction attributed to the reduction in flaring as a result of gas sales to Sobegi from Vic Bihl
Netherlands 779 354 1,771.42 371.48 Note
2014: Increase due to an acquisition in the NBU.
United States NA NA 230.47 1,118.63 Note
2015: Increase is the result of a full year of reporting and of increased D&C activity.
Volume of continuously vented hydrocarbon by business unit: (m3) 2,861.71 3,818.12 3,583.11 3,714.03  
Canada 864 1,069 1,155.70 1,007.00  
Australia 1,166 1,088 796.39 1,196.81  
France 100 953 963.45 1,184.58  
Netherlands 732 709 381.21 303.06  
United States NA NA 286.36 22.57  
Volume vented and flared in relation to volume of O&G produced (e3m3/BOE) 0.00130 0.00145 0.00420 0.0029 Note
2014 figure restated to align methodologies consistently

Amount of drill mud & cuttings produced using non-aqueous drilling fluid, by disposal method: onshore disposal to controlled sites

 

Total - Tonne 

Canada only: 14,085 m3 onsite 2,252 t landfill NBU: 0 Canada & France: 18,844 t landfill 23,822.57 9,357.84 Note
2015: Increased data available
Canada       8,350.87  
France       0.00  
Netherlands       689.00  
Australia       0.00  
United States       317.97  

Amount of drill mud & cuttings produced using aqueous drilling fluid, by disposal method: onshore disposal to controlled sites

 

Total - Tonne

Canada only 14,085 m3 onsite 2,252 t landfill NL: 0 Canada & France: 5,273 m3 onsite 6,701 t landfill 7,562.58 4,337.13 Note
2015: Increased data available
Canada       2,562.13  
France       0.00  
Netherlands       1,775.00  
Australia       0.00  
United States       0.00  
Volume of Non-Aqueous drilling fluid re-used at another location (I.e. recovered and transported invert). New in 2015 New in 2015 New in 2015 2,192.00 Note
2015: Increased data available
Canada       2,192.00  
France       0.00  
Netherlands       0.00  
Australia       0.00  
United States       0.00  
Amount of drill mud & cuttings produced using aqueous drilling fluid, by disposal method: disposal at Vermilion controlled location (Onsite/Remote Sump) - Tonne New in 2015 New in 2015 New in 2015 443.64 Note
2015: Increased data available
Canada       443.64  
France       0.00  
Netherlands       0.00  
Australia       0.00  
United States       0.00  
Overall
Total environmental protection expenditures $39,954,133 $37,441,842 $36,956,969 $25,714,010 Note
Decrease is primarily related to a reduction in abandonment spending due to a decrease in wells requiring abandonment. Vermilion continues to focus on Operational Excellence and effectively managing assets throughout their lifecycle, including abandonment.
G4-EN31
Canada     $6,099,464 $4,555,225  
France     $10,907,708 $6,008,486  
Netherlands     $2,815,841 $3,914,342  
Australia     $1,177,894 $614,884  
United States     $0 $516,060  
Waste disposal, emissions treatment and remediation $3,438,407 $6,069,660 $15,805,157  $10,043,909  
Canada $899,825 $1,817,792 $3,456,493 $2,467,810  
France $1,568,838 $3,575,837 $10,258,340 $3,625,814 Note
Decrease is primarily related to reduced abandonment, reduced drillingand significant decrease in drilling mud treatment costs due to newfound treatment path and specific negotiation (disposal & transportation)
Netherlands $879,998 $577,981 $1,510,210 $3,772,342  
Australia $89,746 $98,050 $580,114 $177,942  
United States     $0 $0  
Prevention and environmental management costs $36,515,726 $31,372,182 $21,151,812 $15,670,101  
Canada $5,628,804 $4,559,869 $2,642,971 $3,540,676  
France $9,217,906 $9,809,414 $649,368 $929,411  
Netherlands $7,246,839 $4,419,513 $1,305,630 $142,000  
Australia $722,178 $883,387 $597,780 $436,942  
United States     $0 $516,060  
Discharge of Abandonment (AER) $13,700,000 $11,700,000 $15,956,061 $10,105,012  
Asset integrity and process safety
Number of Tier 1 process safety events 0 0 0 0   OG13
Number of Tier 2 process safety events 13 27 36 78 Note
Increases are associated with increased reporting resulting from continued development of our PSMS.
Anti-corruption
Percentage of operations assessed for risks related to corruption 100 100 100 100   G4-SO3
Percentage of governance body communicated to on anti-corruption 100 100 100 100   G4-SO4
# and % of employees communicated to on anti-corruption 356 100 437 100 535 100 520 100 Note
2012/3: Restated. Figures originally stated in 2013 Sustainability Report included employees and contractors. This figure has been revised to include employees only.
# and % of business partners communicated to on anti-corruption * data not available; not formally tracked N/A N/A N/A N/A N/A N/A N/A N/A  
# and % of governance body members trained on anti-corruption 8 100 8 100 9 100 12 100  
# and % of employees trained on anti-corruption 0 0 18 4 0 0 0 0 Note
2013: Figures originally stated in 2013 Sustainability Report have been updated. Included senior Vermilion personnel and individuals involved in international new growth opportunities.
Confirmed incidents of corruption 0 0 0 0 0 0 0 0   G4-S05

Occupational Health and Safety

ASPECT / Indicator Name2012201320142015NotesGRI
Occupational Health and Safety
Total number of workers represented by HSE committees 236 275 258 260 Note
Quarterly HSE Leadership meetings held at the corporate level and whose participants include Senior Management and HSE advisors from all divisions and subsidiaries represent 100% of our employees.
G4-LA5
Percentage of workers represented by HSE committees 46 46 37 36  
Total recordable injury frequency (worldwide) *defined using industry safety standard metric, recordable injuries per 200,000 hours 0.97 1.09 1.46 1.13 Note
Note that for all OH&S metrics, we are reporting male and female statistics together, as they are not tracked separately
G4-LA6c
Types of injury – all staff (permanent or fixed term)
*defined using CAPP definitions for Lost Time, Restricted/Modified Work or Medical Aid
LT RW MA LT RW MA LT RW MTI LT RW MTI   G4-LA6a
Canada 0 0 1 0 0 0 0 0 0 0  
Total 1 0 1 0  
         France 0 0 0 2 0 0 0 0 0 0  
Total 0 2 0 0  
Netherlands 0 0 0 0 0 0 0 0 0  
Total 0 0 0 0  
Australia  0 0 0 0 0 1 0 0 0  
Total 0 1 2 0  
United States              0  0  0  0  0  
Total     0 0  
Injury rate – all staff (permanent or fixed term)          
Canada .0000012 .0000032 0.0000019 0  
         France 0 .0000085 0  
Netherlands 0 0 0  
Australia     0 .0000072 0.0000140  0  
United States     0 0  
Occupational diseases rate – all staff (permanent or fixed term),     all locations 0 0 0 0  
Lost day rate – all staff (permanent or fixed term)       0  
Total Workforce Hours (Emp & Permanent Contractor) *defined as total lost days compared to the total number of hours scheduled to be worked by the total workforce in the reporting period          
Canada 0 0.0001432 0 0  
         France 0 0.0005633 0  
Netherlands 0 0 0  
Australia 0 0 0.0000063  0  
United States     0 0  
Absentee rate – all staff (permanent or fixed term) *defined as staff on long-term disability divided by total staff; other measures of absenteeism have not been tracked consistently across business units N/A 0.5 0.3 0.7  
Work-related fatalities – all staff (permanent or fixed term) 0 0 0 0  
Types of injury – contractors *defined using CAPP definitions for Lost Time, Restricted/Modified Work or Medical Aid LT RW MA LT RW MA LTI RW MTI LTI RW MTI   G4-LA6b
Canada (including D&C) 3 1 6 2 1 5 4 4 5 0 3 3  
Total     13 6  
         France (including D&C) 0 1 1 1 0 1 5 1 1 3 1 1  
Total     7 5  
Netherlands (including D&C) 0 1 1 0 3 0 1 2 1 0 1 1  
Total     4 2  
Australia (including D&C)    0 0 0 1 1 1 0 0 2 2 0 0  
Total     2 2  
United States (including D&C)              0  0  0  0  0  
Total     0 0  
Injury rate – independent contractors *defined as injuries relative to the total time worked by the total workforce in the reporting period       0.0000084  
Canada .0000065 .0000044 0.0000072 0.0000052  
        France .0000040 .0000038 0.0000100 0.0000288  
Netherlands .0000151 .0000228 0.0000155 0.0000077  
Australia     0 .0000364 0.0000486 0.0000171  
United States     0 0  
Occupational diseases rate – independent contractors worldwide 0 0 0  
Lost day rate – independent contractors *defined as total lost days compared to the total number of hours scheduled to be worked by the total workforce in the reporting period          
Canada 0.0001535 0.0000580 0.0000094 0  
         France 0 0.0001966 0.0000673 0.0013404  
Netherlands 0 0 0.0000543 0  
Australia 0 0.0003397 0.0006070   0.0000427  
United States     0 0  
Absentee rate – independent contractors *current system does not track absentee days for independent contractors, so this figure cannot be calculated Not tracked Not tracked Not tracked Not tracked  
Work-related fatalities – independent contractors worldwide 0 0 0  
Workers involved in occupational activities who have a high incidence or high risk of specific diseases, worldwide 0 0 0   G4-LA7

Social

ASPECT / Indicator Name2012201320142015NotesGRI
People
Total staff (employees + contractors) 515 597  690  721 Note
Consistent and growing use of the Workday system since 2013 has enabled us to capture, verify and report significantly more People data year over year since our inaugural report. G4-23
G4-9
Staff by employment contract & gender M F M F M F M F   G4-10a,c,e
Employees 241 136 304 157  365 170  356 164  
Total employees 377 461 535 520  
Contractors 112 26 108 28 124  31  171 30  
Total contractors 138 136 155   201  
Permanent employees by employment type & gender M F M F M F M F   G4-10b
Full-time 240 134 303 152 362 163  350 153  
Part-time 1 2 1 5 3 6 11  
Total workforce by region and gender M F  M M M F   G410d
Canada 143 103 165 114 186  118  177 112  
Total  246  279  304  289  
France 109 41 125 46 137 50  152 47  
Total 150  171  187  199  
Netherlands 52 4 65 7 94 16  114 16  
Total  56  72  110 130  
Australia 54 9 62 13 62 13  65 15  
Total 63 75 75 80  
United States NA  NA  NA  NA 5 3 7 3  
Total NA NA 8 10  
Germany NA  NA  NA  NA 12 1  
Total NA NA 6 13  
Percentage of work performed by workers defined as self-employed 27% 23% 7% 6%
2014: In 2012 and 2013 this figure included all contract workers. Beginning in 2014, this figure omits contract workers who are employed by an agency.
G4-10e
Significant variations in employment numbers (e.g. seasonal changes) None None  None None   G4-10f
Percentage of employees covered by collective bargaining agreements 29% 29%  27% 30% Note
2015: 14 agreements in place covering 100% of employees in the FBU
G4-11
SOCIAL
Employment (based on full-time, permanent staff)
Number of new employee hires by age group, gender and region M F M F  M M F Note
2014: Reporting full-time (FTE=1), permanent new hires, including conversions from contingent workers to full-time, permanent. Does not include FTE < v1 permanent hires.
2015: Reporting full-time (FTE=1) and part time (FTE = 0.8 or 0.9), permanent new hires, including conversions from contingent workers to full time, permanent.
G4-LA1a
Canada: under 30 3 2 6 5 13 5 1 1  
Canada: 30-50 13 8 23 15 22 11 2 4  
Canada: over 50 4 5 4 4 5 9 2 1  
Australia: under 30 1 0 2 0 0 0  
Australia: 30-50 3 0 3 0 0 0  
Australia: over 50 1 0 0 0 0 0  
France: under 30 2 0 9 3 0 0  
France: 30-50 1 0 17 5 13  0 1  
France: over 50 1 0 1 0 0 0  
Netherlands: under 30 0 0 2 2 0 0  
Netherlands: 30-50 2 0 15 0 2 2  
Netherlands: over 50 1 0 2 0 1 0  
Germany: under 30 NA NA NA  NA 0 0 0  
Germany: 30-50 NA NA  NA  NA  3 0  
Germany: over 50 NA  NA  NA  NA  0 0  
United States: under 30 NA  NA  NA  NA  0 0  
United States: 30-50 NA  NA  NA  NA  3 0  
United States: over 50 NA  NA  NA  NA  0 0  
Rate of new employee hires by age group, gender and region (%) M F M F  M M F Note
2012-2014: Used "total # staff" in denominator.
2015: Replaced with "total # employees" in denominator for consistency with AIF
Canada: under 30 38 22 38 36 58 36  5 11  
Canada: 30-50 17 14 25 21 20 17  2 7  
Canada: over 50 13 16 11 12 13 29  6 3  
Australia: under 30 33 0 40 0 70 0 NA  
Australia: 30-50 19 0 18 0 11 0 0  
Australia: over 50 90 0 0 0 10 0 0  
France: under 30 18 0 45 43 17 36  0 0  
France: 30-50 30 0 34 19 21 14  0 3  
France: over 50 30 0 30 19 2 0 0  
Netherlands: under 30 0 0 10 0 50 25  0 0  
Netherlands: 30-50 14 0 56 0 20 150  6 29  
Netherlands: over 50 30 0 25 0 32 40  7 0  
Germany: under 30 NA NA NA NA 0 0 NA NA  
Germany: 30-50 NA NA NA NA 13 50 60 0  
Germany: over 50 NA NA NA NA 0 0 NA NA  
United States: under 30 NA NA NA NA 0 0 NA NA  
United States: 30-50 NA NA NA NA 200 200 100 0  
United States: over 50 NA NA NA NA 200 200 0 0  
Employee turnover numbers by age group, gender and region M F M F M F M F   G4-LA1b
Canada: under 30 0 2 3 1  2 1 3 3  
Canada: 30-50 10 5 6 8 3 4 6 7  
Canada: over 50 4 3 1 10  1 2 8 5  
Australia: under 30 0 0 0 0  2 0 0  
Australia: 30-50 1 0 5 0  1 1 0  
Australia: over 50 0 0 1 0  1 2 0  
France: under 30 0 0 1 0  1 0 0  
France: 30-50 2 0 5 1  1 0 0  
France: over 50 2 0 4 0  2 3 1  
Netherlands: under 30 1 0 0 0  0 0 0  
Netherlands: 30-50 0 0 0 0  3 2 0  
Netherlands: over 50 2 0 0 0  1 0 0  
Germany: under 30 NA NA NA NA NA NA 0 0  
Germany: 30-50 NA NA NA NA NA NA 0 0  
Germany: over 50 NA NA NA NA NA NA 0 0  
United States: under 30 NA NA NA NA NA NA 0 0  
United States: 30-50 NA NA NA NA NA NA 0 0  
United States: over 50 NA NA NA NA NA NA 0 0  
Employee turnover rate by age group, gender and region (percent, based on an average of the total numbers in each category, in accordance with industry standard) M F M F M F M F  
Canada: under 30 0 21 25 9 12 10  16 32  
Canada: 30-50 13 9 7 13 3 6 12  
Canada: over 50 13 10 3 31 3 25 14  
Australia: under 30 0 0 0 0 40  0 NA  
Australia: 30-50 7 0 30 0 6 5 0  
Australia: over 50 0 0 9 0 10 20 0  
France: under 30 0 0 6 0 5 14  0 0  
France: 30-50 5 0 12 4 2 0 0  
France: over 50 6 0 11 0 6 9 14  
Netherlands: under 30 0 0 0 0 0 0 0  
Netherlands: 30-50 0 0 0 0 13 50  6 0  
Netherlands: over 50 44 0 0 0 12 0 0  
Germany: under 30 NA NA NA NA NA NA NA NA  
Germany: 30-50 NA NA NA NA NA NA 0 0  
Germany: over 50 NA NA NA NA NA NA NA NA  
United States: under 30 NA NA NA NA NA NA NA NA  
United States: 30-50 NA NA NA NA NA NA 0 0  
United States: over 50 NA NA NA NA NA NA 0 0  
Total turnover rate globally     4.6%  7.2%  
Net employment creation 11 73 100 -15   G4-LA1
Parental Leave (includes Maternity, Paternity and Parental Leaves)  M F M F M F M F Note
All Vermilion employees who experience the required life event (birth or adoption of a child) are eligible for maternity, paternity and parental leave in accordance with local legislation.
G4-LA3
Number of employees entitled to parental leave 241 136 305 156 365 170  356 164  
Total number of employees entitled to parental leave  377  461  535 520  
Number of employees who took parental leave 1 4 1 9 6 16 5 4  
Total number of employees who took parental leave  5  10  22  9  
Number of employees who took parental leave by region and gender: M F M F M F M F  
Canada         0 10 0 3  
Australia         0 0 0 0  
France         6 5 3 1  
Netherlands         0 1 2 0  
Germany         NA NA 0 0  
United States         NA NA 0 0  
Number of employees who returned to work after end of parental leave 1 3 1 9  6 9 5 6  
Total number of employees who returned to work after end of parental leave M F M F M F M F  
Canada         NA 4 NA 3  
Australia         NA NA NA NA  
France         6 5 3 3  
Netherlands         NA 0 2 NA  
Germany         NA NA NA NA  
United States         NA NA NA NA  
Total 4 10  15 11  
Rate of employees who returned to work after end of parental leave 100 75 100 100 100 56 100 100  
Number of employees still employed 12 months after end of parental leave M F M F M F M F  
Canada         1 2   5  
Australia NA NA NA NA NA NA NA NA  
France         NA 2   1  
Netherlands         NA NA      
Germany NA NA NA NA NA NA NA NA  
United States NA NA NA NA NA NA NA NA  
Training and Education M F M F M F M F  
Hours of Training 3419.5 2471.3 4297.0 3447.2 12074.0 3917.8 6,054 1,823  
Total 5890.8  7744.2 15991.8 7877.0 Note
Decrease in training hours reflects economic conditions; priority on continuing HSE training for all staff
Administration Staff Average Hours of Training 939.9 1632.0 1051.0 2205.8 1155.5 2872.8 479 1,362  
Production Staff Average Hours of Training 2479.6 839.3 3246.0 1241.3 10918.5 1045.0 5,575 462  
Percentage of employees who received a regular performance and career development review  M  F M F M F  
 %         92.6% 93.5% 94.0% 96.8%  
Total  NA  44.0%  92.9% 94.9%  
Absentee Rate (Permanent & Fixed Term)  NA  0.5%  0.3%  0.7%  
Values Matter
Vermilion Energy