Talisman Energy Publishes 11th Annual Corporate Responsibility Report First Canadian company to introduce shale operating pri...
June 21 2012 - 2:00AM
UK Regulatory
TIDMAN26
TALISMAN ENERGY PUBLISHES 11th ANNUAL
CORPORATE RESPONSIBILITY REPORT
First Canadian company to introduce shale operating
principles
Calgary, Alberta - June 19, 2012 - Talisman Energy (TSX:TLM,
NYSE:TLM) has issued its 11th annual Corporate Responsibility (CR)
Report, sharing examples of the company's long-standing commitment
to responsible oil and gas exploration and development. A further
progression this year is the introduction of Talisman's shale
operating principles, a set of standards that guide its global
shale operations.
Talisman's CR efforts have also been recognized by the Dow Jones
Sustainability Index and the Jantzi Social Index, and the company
has recently been named one of Canada's Top 50 Best Corporate
Citizens by Corporate Knights Magazine.
"Corporate responsibility at Talisman is not an ancillary
activity owned by a single department. It lies at the heart of how
we conduct our business," says John A. Manzoni, President and Chief
Executive Officer. "While our policies and standards set
expectations, it is the commitment and hard work of our employees
that ensure we get it right.
We have a track record of responsible operations, which has been
recognized by a number of independent sources. We are proud to be
ranked in the top 20 of Canada's best 50 corporate citizens. The
three principles that underpin how we do business are: responsible
operations, working to help communities benefit from our
activities, and being transparent and collaborative."
In March 2012, Talisman was the first Canadian energy company to
produce and publish shale operating principles. While aspirational
in some cases, these principles, which are supported by 58
elements, are intended to guide and drive the continuous
improvement of Talisman's global shale operations.
"We developed and introduced our shale principles because we
recognize public concerns around shale development," says Paul
Smith, Executive Vice-President, North American Operations.
"Talisman was among the first group of companies to disclose
contents of hydraulic fracturing fluids, and we remain committed to
not only follow best practices, but to lead the way. Through our
principles, we are determined to continue to do so by developing
this natural resource in a manner that is transparent, safe,
environmentally responsible and beneficial to local
communities."
The CR Report also provides insight into how Talisman's three
core principles of responsible operations, mutual benefit, and
transparency and collaboration are applied across global
operations. The document highlights Talisman's challenges,
successes and areas for improvement across five operational areas
of safety, environment, people, communities and stakeholders, and
governance.
Talisman Energy Inc. is a global, diversified, upstream oil and
gas company, headquartered in Canada. Talisman's three main
operating areas are North America, the North Sea and Southeast
Asia. The company also has a portfolio of international exploration
opportunities. Talisman is committed to conducting business safely,
in a socially and environmentally responsible manner, and is
included in the Dow Jones Sustainability (North America) Index.
Talisman is listed on the Toronto and New York Stock Exchanges
under the symbol TLM.
Please visit our website at
www.talisman-energy.com.
To view our shale principles visit
http://www.talisman-energy.com/operations/north_america/shale-operating-principles.html
To view our Corporate Responsibility Report visit
http://www.talisman-energy.com/responsibility/cr_report/
To view the Corporate Knights website visit
http://www.corporateknights.com/report/2012-best-corporate-citizens-canada
For further information on Talisman's corporate responsibility
activities, please contact:
Media and General Inquiries Corporate Responsibility
Inquiries
Phoebe Buckland Andrew Vickerman
Lead, External Communications Head, Corporate Affairs
Phone: 403-237-1536 Fax: 403-237-1210 Phone: 403-724-1729 Fax:
403-237-1902
E-mail: tlm@talisman-energy.com E-mail:
tlm@talisman-energy.com
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