There is a public expectation that, beyond profitability, companies must maintain high ethical, environmental and social standards. These standards have evolved over time, reflecting the changing values and priorities in society. Companies must enhance their efforts to publicly report on their standards and performance against these standards, to allow stakeholders to develop a more complete picture of their impact on society.While Talisman strives to maximize shareholder value by conducting profitable operations in accordance with all applicable laws, our licence to operate ultimately comes from the acceptance and goodwill of our stakeholders, including our employees, host governments and local communities.
At Talisman, we operate in accordance with our Policy on Business Conduct and Ethics, which means:
- We treat our employees ethically and fairly;
- We create a safe work environment, minimize the environmental impacts of our activities, regularly review our environmental and safety performance and promptly and effectively respond to environmental and safety risks and concerns;
- We believe that the countries and communities in which we operate should benefit from our operations through the generation of employment, business opportunities, royalties and taxes;
- Through ongoing dialogue and consultation, we consider the specific needs and capabilities of the communities in which
we operate, and accordingly, we invest in communities and encourage volunteerism by our employees;
- We support the principles of and promote respect for the Universal Declaration of Human Rights;
- We review the human rights climate of countries and regions when proposing, planning and implementing projects; and
- We report our social, environmental and economic performance to stakeholders in a balanced manner.
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