Mr. Lorenzo Donadeo reports
VERMILION ENERGY INC. RELEASES 2013 SUSTAINABILITY REPORT
Vermilion Energy Inc. has released its first sustainability report detailing the company's efforts to
generate environmental, social and economic benefits for all
stakeholders. This inaugural report provided a framework for describing
how the company approaches sustainability in its operations, and to recognize its achievements, detail its challenges and establish targets for progress.
"Embedding sustainability into business strategy does far more than
mitigate safety, environmental, financial and reputational risks," said
Lorenzo Donadeo, chief executive officer. "It also offers
opportunities to generate economic and social benefits for both the
company and the community -- to create shared value."
In 2013, Vermilion:
- Produced nearly 15 million barrels of oil equivalent of oil and gas;
- Generated net revenue of more than $1.2-billion;
- Distributed more than $240-million in dividends to the company's shareholders;
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Paid almost $290-million in taxes and royalties in the company's operating
jurisdictions;
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Invested more than $1.1-million in community support;
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Devoted $37-million to protecting the environment.
Vermilion used the Global Reporting Initiative G-4 framework to develop
its 2013 sustainability report. The full 2013 sustainability report
can be viewed and downloaded on the company's website. A hard copy of the 2013 sustainability highlights is available and can
be requested on-line or by e-mailing your request to the company.
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