ESG Framework

Integrating environmental, social, and governance principles into our core strategy and operations.

Governance Structure

Our ESG Governance

OGDC’s ESG Framework is anchored in Board-level oversight, a dedicated ESG Committee, and clear management accountability for sustainability-related risks and opportunities. It guides how we integrate climate considerations, environmental stewardship, social investment, and ethical conduct into strategy, enterprise risk management, and day-to-day operations.

The Board provides strategic oversight through its dedicated ESG Committee, which reviews policies, progress, and risks quarterly. Management teams execute ESG priorities via clear KPIs tied to performance reviews. This structure embeds ESG into capital allocation, risk management, and stakeholder engagement.

Quarterly

Board ESG Reviews

Dedicated ESG Committee oversight

2024

ESG Policy Approved

Binding commitments across E/S/G

COP29

ESG Report Launch

First standalone report at Baku, Azerbaijan

Oil & Gas Ranking

TRAC 2024 Transparency Index

Rs 3.67B

Social Investment

56% growth year-over-year

Signed

Decarbonization Charter

Oil & Gas Decarbonization commitment

Three Pillars

ESG Pillars

Our framework rests on interconnected pillars that guide sustainable value creation.

Environmental

Climate strategy
Emissions reduction
Biodiversity protection
Water stewardship

Social

Community investment
Health & safety
Human rights
Workforce diversity

Governance

Board independence
Ethical conduct
Risk oversight
Transparent disclosure

Foundation

Key Policies & Commitments

ESG Policy

Binding commitments across Environmental, Social, and Governance dimensions for all operations.

HSE Policy

ISO-certified systems for zero-harm operations, protecting employees, contractors, communities, and the environment.

Human Rights Policy

Aligns with UN Guiding Principles on Business and Human Rights, ensuring safe workplaces and community consent.

Anti-Corruption Policy

Zero tolerance for bribery and corrupt practices, with third-party audits ensuring accountability throughout the supply chain.

ERM Policy

Ensure business continuity by improving preparedness to identify and manage risks.

GHG Policy

To ensure sustainable development by minimizing carbon footprint and contributing to the augmentation of carbon sinks.

Biodiversity Policy

Aligns with 2050 goals and 2030 targets of the global biodiversity framework, supporting efforts to halt and reverse biodiversity loss.

DEI Policy

Promote diversity, equity, and inclusion to ensure a fair and inclusive workplace.

CSR Policy

Focus on generating sustainable and measurable social impact through responsible practices and community engagement.

Global Standards Alignment

Aligned with Leading Frameworks

UN SDGs

Targets 7 (Energy), 13 (Climate), 4 (Education), 3 (Health)

leading-relaxed

TCFD

Climate risk disclosures in our ESG Report

leading-relaxed

IFRS S1/S2

Disclosure of sustainability-related financial information.

leading-relaxed

SECP Guidelines

Full compliance with Pakistan’s ESG Standing Instructions

leading-relaxed

Engagement

Stakeholder Engagement

We engage shareholders, communities, and regulators partners through structured channels to ensure our ESG strategy reflects stakeholder expectations and delivers shared value.

ESG Enlightenment

Engaging shareholders and institutional investors through dedicated ESG-focused presentations and seminars.

Community Forums

Regular engagement with communities in and around operated fields to understand local needs and address concerns.

GRI Standards

Disclosure of significant impacts on economy, environment, and society, and contribution towards sustainable development.

TCFD Workshops

Investor workshops focused on climate-related financial disclosures and transition strategy.