Environmental, social, governance
Concordia ESG Statement
At Concordia, we are committed to responsible, sustainable business practices, recognising that strong Environmental, Social, and Governance (ESG) performance is key to long-term value and risk management. ESG factors increasingly influence investment outcomes, and we believe companies that manage them well are better positioned for resilient performance and stakeholder trust.
As a non-operating shareholder, we actively promote strong ESG practices across our portfolio. While not involved in daily operations, we engage through joint venture governance, formal oversight, and ongoing dialogue to ensure ESG issues are addressed. We expect high standards from our partners and support alignment with international ESG frameworks and best practices.
Environmental Stewardship
We collaborate with our partners to improve environmental performance across our portfolio, focusing on reducing emissions, boosting resource efficiency, and protecting ecosystems, supporting the transition to a low-carbon future.
We encourage responsible water management, including reduced use in water-stressed areas and reuse where possible, while supporting the protection and restoration of sensitive habitats. Additionally, we promote minimising routine flaring and safe operational waste handling.
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Social Responsibility
We work alongside our operators to promote the health, safety, and well-being of people and communities across our portfolio. Our approach emphasises safe working environments, meaningful community engagement, and respect for human rights.
We support alignment with global standards, early assessment of social impacts, targeted community investment, and strong safeguards against labour abuses. We also advocate for transparent reporting and accessible grievance mechanisms to build trust and accountability.
Strong Governance & Oversight
We uphold robust governance standards through ethical conduct, regulatory compliance, and transparent ESG integration. Our approach ensures alignment between our values, risk management, and public commitments.
We embed ESG considerations into core decision-making and reporting processes, promote accountability through regular performance reviews, and drive continuous improvement through clear oversight and corrective actions
Diversity & Inclusion Statement
Diversity and inclusion are at the core of our values and beliefs. We are committed to creating a welcoming and inclusive environment where all individuals are respected, valued, and celebrated for their unique perspectives, experiences, and backgrounds.
We believe that diversity enriches our organisation by fostering creativity, innovation, and collaboration. We are dedicated to promoting a culture of inclusivity where everyone feels empowered to contribute their ideas and perspectives without fear of discrimination or bias.
We are committed to providing equal opportunities for all individuals, regardless of race, ethnicity, gender, sexual orientation, age, ability, religion, or any other characteristic. We strive to create a workplace that is reflective of the diverse communities we serve and to actively promote diversity and inclusion in all aspects of our organisation.
Through ongoing education, training, and open communication, we are dedicated to creating a culture that embraces diversity and fosters a sense of belonging for all. We believe that by embracing diversity and promoting inclusion, we can create a stronger, more vibrant, and more successful organisation for everyone.