GRI G4-EN13Global Compact 8

ECO-EFFICIENT MANAGEMENT PRACTICES AND SOCIO-ENVIRONMENTAL PROJECTS IN BLOCKS WHERE QGEP IS THE OPERATOR HELP TO MINIMIZE IMPACTS OF THE COMPANY’S OPERATIONS. THE AMOUNT INVESTED DURING THE YEAR IN ENVIRONMENTAL CONSERVATION ACTIVITIES TOTALED BRL17 MILLION.

Since it was founded, QGEP has operated responsibly and transparently, maintaining an open dialogue with its stakeholders. The Company seeks to go beyond compliance with legal requirements, adopting solutions that reduce the environmental impacts of its operations as much as possible, through development of joint actions with the communities located in their areas of influence, in order to promote social and environmental growth.

The impacts of QGEP activities are detected before the Company begins an operation. This is done by executing environmental studies that are drafted according to relevant laws. After this process, where plans of action and mitigation measures are formatted, activities are conducted according to the guidelines of the Integrated Management Policy and monitored using the Integrated Management System (SGI).

In 2013, the Company invested BRL17 million in environmental protection activities in the BM-J-2 and BS-4 Blocks, as shown in the table below.

GRI G4-EN31Global Compact 7Global Compact 8Global Compact 9

In Block BM-J-2, the Beach Monitoring Project (Projeto de Monitoramento das Praias – PMP), Fisheries Catch Monitoring Project (Projeto de Monitoramento de Desembarque Pesqueiro – PMDP), and Fishing Compensation Plan (Plano de Compensação da Atividade Pesqueira – PCAP) initiatives were developed in 2013. Because BS-4 is located 130 kilometers from the coast, at a water depth of 1,550 meters, under normal operating conditions there are no impacts on protected areas that require monitoring, due to its distance from the coast. For this Block, QGEP submitted projects to Ibama for Environmental Monitoring, Monitoring of Gravel and Drilling Fluid, the Pollution Control Program, and the Environment Education Program for Workers.

In 2013, QGEP acquired a share in eight exploration blocks in the 11th Round of ANP Bidding and it is the operator in five of these. Environmental studies in these new locations have not begun yet, with these documents set to be delivered to the environmental agency in the first half of 2015; this will be done in accordance with applicable laws.

INVESTMENTS AND EXPENDITURES ON ENVIRONMENTAL
CONSERVATION (BRL)
BM-J-2 BS-4 Total
Waste management 702,953.35 674,819.00 1,377,772.35
Emergency plan/audits 10,637,067.12 3,137,670.00 13,774,737.12
Fauna preservation and monitoring plans 1,307,074.46 101,420.00 1,408,494.46

GRI G4-EN23 | G4-EN25

Waste management BM-J-2 in 2013
WASTE CLASSIFICATION (NBR 10004/2004) METHOD OF  TREATMENT QUANTITATIVE (KG)
Aerosol I Industrial landfill 21.0
Printer cartridges I Reprocessing 21.0
Industrial effluent I Blending 12,512.0
  Treatment station 108,550.0
Fluorescent light bulbs I Decontamination 84.0
Aluminum tin IIB Recycling 80.0
Uncontaminated wood IIB Reuse 3,231.0
Uncontaminated metal IIB Recycling 11,888.0
Cooking oil IIA Recycling 139.0
Uncontaminated paper/cardboard IIB Recycling 2,232.0
Batteries I Reprocessing 95.0
Uncontaminated plastic IIB Recycling 1,649.0
Chemical products I Industrial landfill 304.0
  Blending 5,226.0
Electronic waste I Reprocessing 162.0
Contaminated waste I Industrial landfill 4,213.0
  Blending 11,517.0
Infectious waste I Autoclave 28.0
Non-recyclable waste IIA Landfill 9,995.0
Oily waste I Treatment station 53,181.0
Contaminated drum/container I Reuse 1,915.0
Tetra Pak IIB Recycling 428.0
Uncontaminated glass IIB Recycling 830.0
TOTAL 228,301.0


Waste management BS-4 in 2013
WASTE CLASSIFICATION (NBR 10004/2004) METHOD OF  TREATMENT QUANTITATIVE (KG)
Aerosol I Refurbishment 70.0
Uncontaminated rubber IIB In storage 81.0
Drilling fluid I Co-processing 90,101.0
Water-based drilling fluid IIA Co-processing 152,708.0
Bulk cargo (barite, cement,
proppant, calcite, sand)
IIA Co-processing 4,750.0
Fluorescent light bulbs I Decontamination 117.0
Aluminum tin IIB Recycling 40.0
Madeira IIB Reuse 10,045.0
Metal IIB Recycling 25,233.0
Cooking oil IIA Recycling 774.0
Uncontaminated paper/cardboard IIB Recycling 3,152.0
Batteries I Reprocessing 307.0
Uncontaminated plastic IIB Recycling 2,661.0
Chemical products I Co-processing 1,910.0
Food waste transferred onshore IIA Landfill 232.0
Infectious waste I Thermal disinfection 50.0
Incineration 1.0
Contaminated waste I Controls 26,477.0
Electronic waste I Reprocessing 126.0
Non-recyclable waste IIA Landfill 10,794.0
Oily waste I Treatment station 121,604.0
Re-refining 2,400.0
Contaminated drum/container I Processing 2,100.0
Co-processing 1,857.0
Tetra Pak IIB Recycling 361.0
Uncontaminated glass IIB Recycling 268.0
TOTAL     458,219.0