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Sustainability Report
Values Matter
2016 Sustainability Report
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External Associations and Initiatives

Vermilion's sustainability approach is also guided by our participation in external initiatives and associations.

We are aware that trade and industry associations may, as part of their roles, represent their membership by advocating for government policy and regulations. We monitor that advocacy to ensure that it fairly represents our position; if there are discrepancies between the organization’s position and our company approach, we would engage with the association.

We actively participate in government industry working groups, often at the request of our governments. These are often designed to seek our expertise on technical aspects, and use our feedback or input as one of many stakeholder positions that governments then consider prior to setting out regulatory or legislative changes.

With specific regard to regulations dealing with the Paris Agreement and climate change, our position is that while oil and gas resources are still needed during the energy transition, the provision of clear, stable and reasonable regulations will allow best-in-class traditional energy producers such as Vermilion to continue to operate in an environmentally and socially responsible manner. We also believe that domestic energy supply should be prioritized over importing oil and gas, for its contributions to national energy security, the economic benefits it provides to local communities through employment and local investment, and for its compliance with stringent safety, environmental and workplace regulations.

Voluntary External Initiative 102-12INITIATIVE DETAILS
Carbon Disclosure Project Vermilion has voluntarily filed Climate Change Responses with CDP since 2014; Vermilion was the first Canadian energy company to achieve the top score of 100, was named to the Climate A List in 2016 and received an A- in 2017, 2018 and 2019. Stakeholders include a wide range of sustainability and environmental non-governmental associations, in addition to investors, governments, businesses and cities.
Energy Sector Sustainability Leadership Initiative This voluntary working group focused on sustainability benchmarking within the oil and gas industry in Calgary when it launched in 2013, and has since transitioned into a focus on energy sector sustainability best practices. Vermilion chaired the initiative in 2017, and has continued as an active member since then.
SAM Corporate Sustainability Assessment Vermilion began voluntarily reporting into the CSA in 2017, achieving a top quartile ranking for the oil and gas sector in 2017, 2018 and 2019. SAM is an investment specialist focused exclusively on sustainability investing, and holds memberships in a range of responsible finance and investment organizations.
Pole AVENIA Geosciences Innovation Valley Vermilion began serving on the Board of Directors of this voluntary competitiveness cluster in 2013; AVENIA has many programs related to supporting geothermal development in France and optimizing recovery from existing hydrocarbon reservoirs. It brings together companies, research laboratories and schools, and also involves governments and local organizations. 
Ambès Regional Water Basin Committee  Our Ambès superintendent has been elected as a voluntary member of this basin committee, having a key role in two commissions: the Littoral Commission and the Industry Commission. The committee brings together a wide range of regional stakeholders focused on the health of the water basin.
Association Membership 102-13Association DETAILS
Australian Institute of Petroleum (AiP) Vermilion is a member of AiP, which was formed in 1976 to promote industry self-regulation and effective dialogue between the oil industry, government and the community.
Australian Marine Oil Spill Centre (AMOSC) A not-for-profit subsidiary of the Australian Institute of Petroleum, AMOSC operates Australia’s marine oil spill response equipment stockpile on 24 hour stand-by for rapid response anywhere around the Australian coast.
Australian Petroleum Production & Exploration Association (APPEA) Vermilion is an active member of APPEA, which represents Australia’s oil and gas exploration and production industry. Our Managing Director in Australia has been a long-time director on the APPEA board, and previously served as the board's Chair.
Australian Resources Energy Group As a member-based organization, AMMA’s work in policy and advocacy directly shapes the Australian resources, energy and supply industry.
Budapest Chamber of Commerce and Industry The Budapest Chamber of Commerce and Industry supports the development and organization of the Hungarian economy representing the general and joint interests of its member business organizations.
Federal Association of Natural Gas, Petroleum and Geoenergy (BVEG) BVEG represents the interests of German oil and gas producers, underground storage facility operators and service providers active in the industry.
Canadian Association of Petroleum Producers (CAPP) CAPP's mission, on behalf of the Canadian upstream oil and natural gas industry, is to advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance. Vermilion renewed its membership in CAPP in 2018.
Dutch oil and gas explorer and producer association (NOGEPA) Vermilion is an active member of the Dutch oil and gas explorer and producer association. We participate in several workgroups and sub-committees, working closely with other industry representatives to continuously improve our practices related to safety, environment and public acceptance.
French FAB An organization to promote French industry. 
German Society for Petroleum and Coal Science Technology (DGMK) The purpose of DGMK is to promote and advance science, research, technology and continuing education relating to fossil fuels.
 Emsachse Vermilion is a member of Emsachse, a multi-sector collaboration designed to address joint challenges and interests in the Ems-Axis growth region. This alliance of companies, municipalities, educational institutions, chambers and associations throughout East Frisia aims is to raise the profile of a common economic region while at the same time strengthening economic growth and creating additional jobs.
Energy and Equipment Materials Users Association (EEMUA) Vermilion joined EEMUA, which is focused on supporting its member companies with safety, efficiency and compliance good practice, in 2018.
France-Canada Chamber of Commerce Vermilion began serving on the Board of Directors in 2012. The Chamber of Commerce promotes business activities between Canada and France.
Geothermal Forum Lower Saxony The Geothermal Forum provides a platform for the exchange and preparation of information for the geothermal industry.
Irish Offshore Operators’ Association (IOOA) Founded in 1995, the IOOA is a representative organization for the Irish offshore oil and gas industry. By cooperating and providing a common approach to issues such as safety, the environment, legislation and employment, the IOOA pro-actively assists in the development of oil and gas exploration and production in Ireland’s waters.
Hungarian Mining Association (MBSZ) Vermilion is a member of the MBSZ, an advocacy organization representing all sectors of the mining industry.
MEDEF MEDEF is the leading network of entrepreneurs in France.
Petroleum Association of Wyoming (PAW) PAW is the only statewide trade association dedicated to the betterment of the state’s oil and gas industry. The association seeks to educate all levels of government about the responsible development of oil and gas to ensure the industry’s continued vitality.
Saskatchewan Petroleum Industry Government Environmental Committee SPIGEC was formed in 1992, and responds to the need for government and industry to work cooperatively to resolve provincial environmental management issues. SPIGEC's overriding goal is to ensure the continued growth of the oil and natural gas industry with development proceeding in a manner that minimizes adverse environmental effects.
UFIP (Union française des industries pétrolières) UFIP is the French industry association for the petroleum industry, including companies operating in France in one of the oil and gas industry's three major segments: exploration and production, refining, and marketing. It provides the French government with ongoing industry feedback on various European Union directives/initiatives.
Western Energy Alliance Western Energy Alliance is a nonprofit trade association representing companies engaged in all aspects of environmentally responsible exploration and production of oil and natural gas in the western United States.
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