THE THIRD EDITION OF QGEP’S ANNUAL SUSTAINABILITY REPORT SHOWS IMPORTANT GROWTH WITH THE ADOPTION OF THE G4 GUIDELINES OF THE GLOBAL REPORTING INITIATIVE (GRI). IN ADDITION TO CONSULTING MATERIALITY, THE COMPANY PROMOTES CONTINUAL ENGAGEMENT WITH ITS STAKEHOLDERS.
This third edition of the Queiroz Galvão Exploração e Produção Annual Sustainability Report reinforces the Company’s commitment to accountability to all of its stakeholders. Developed for online media, this publication was put together with the goal of facilitating reading and comprehension of information, with connections between its chapters and the support of an industry glossary. GRI G4-30
The adoption of the G4 guidelines of the Global Reporting Initiative (GRI), with essential “in accordance,” therefore represents important growth. The 3.1 version industry indicators are still used for reporting, since an update of this industry supplement has not yet been made available by GRI. GRI G4-32
Information presented relates to 2013, just as the information in the previous report, published last year, relates to 2012. Economic and financial information cover the entire Company, while socio-environmental data relate only the Blocks where QGEP acts as an operator. Exceptions to this scope are highlighted directly throughout the text. Significant variations between years are mostly the result of expanded Company activities, since operation of the BM-J-2 Block have begun again. GRI G4-22G4-23G4-28G4-29
Accounting Statements in attachment and economic and financial data presented throughout the report follow the International Financial Reporting Standards (IFRS) and were audited by Deloitte Touche Tohmatsu. As in 2012, the content of the publication was submitted to GRI verification. GRI G4-33
QGEP has been a signatory of the Global Compact since 2011, and actions under the auspices of this commitment are presented herein. Correlation between GRI indicators and the principles of the Global Compact are presented in the index. Throughout the document, the QGEP initials are used to refer to QGEP Participações S.A. and to all of its direct and indirect subsidiaries.
Questions and comments about this report should be sent by email to qgep@qgep.com.br. GRI G4-31
