We are
Sound Energy
We are committed to the principals of an environmental, social and governance (ESG) framework, and to operating our business in a way that delivers lasting benefit to the communities and environments where we work, as well as to our shareholders and employees.
Our commitment to sustainability
We have a range of policies, processes and procedures embedded within our integrated management systems that demonstrate our commitment to sustainability requirements, expectations and performance.
Sound Energy’s Strategic Positioning Includes a focus on gas – a transition fuel with less than half the carbon emissions of coal.
Going forward, and while we know we are still a fossil fuel company, we are looking at a number of initiatives in order to measure, capture and reduce our carbon emissions. A key initiative has been the development of a materiality assessment framework to measure the material impact of different sustainability factors on our business and stakeholders. From our materiality assessment we are working towards six UN Sustainable Development Goals (SDGs).
(Sustainability KPIs from FY2023)
117.76
m3 diesel consumed
317.83
tCO2 produced
13.74K
m3 water consumed
0
Total Barrels Spilled
Measure our current impact
We are actively engaging with a number of carbon calculation firms, including two from Cambridge University, and will soon select one to commence work on this project. We will look at our operations in-country, our offices in Morocco and London, and also our home workspaces and practices.
Record measurements, identify key areas requiring improvement
Key areas requiring improvement will then be identified and management KPIs will be aligned to ensure accountability.
Report on carbon reduction targets
We commit to report on targets including a clear timeline for when reductions will be achieved.
We will also be reviewing our business versus the applicable SDGs, and will update shareholders in due course.
Our Sustainability Strategy
As a London Stock Exchange listed business, we are governed by a strict code of regulatory conduct and we always strive to put good governance at the core of our firm-wide values.
We have experience in working with local communities in remote locations, such as our Tendrara site, providing infrastructure, jobs and training.
- LNG and Piped gas development displacing coal and LPG to lower Morocco’s carbon footprint
- Respecting our environment and upholding high environmental standards
- Creating local employment in developing countries
- Investing in community projects e.g. Mataarka dispensary
- Committed to strong corporate governance to strengthen our business and serve our stakeholders
- LSE listed entity observing QCA code
- Chairman and Independent Non-Executive Director appointed in 2020
Delivering lasting benefits
Sound Energy Plc presents a compelling investment opportunity as a leading onshore gas company in Morocco, strategically positioned to fuel the energy transition