QGEP adopts different forms of engagement in relations with its stakeholders. These practices are based on transparency, respect, and joint creation of mutually beneficial initiatives. Various channels allow internal audiences to quickly communicate Company and market events. In the capital markets, QGEP holds regular meetings, presentations and events with shareholders and potential investors, in addition to maintaining an Investor Relations area dedicated to serving specific needs and requests.
The Company relies on programs to engage local communities in order to promote open dialogue and contribute to social development, economic and cultural initiatives in the region. In Block BM-J-2 in particular, which is located in the coastal marine biome, the Fishing Compensation Plan (PCAP) has achieved a benchmark status in environmental licensing.
When selecting suppliers, QGEP executes a technical and financial analysis of proposals submitted by pre-selected suppliers, always working with companies recognized for their excellence in the market. All contracts include a Safety, Environment and Health Annex, wherein minimal environmental criteria required of suppliers are specified.
Periodically, audits at critical suppliers verify compliance with these conditions. In 2013, no new suppliers were selected based on environmental criteria. GRI G4-26 | G4-EN32G4-SO9 Global Compact 8
To execute the projects in Blocks BM-J-2 and BS-4, QGEP relied on the presence of approximately 65 employees, all located in Brazil. The Company also carried out assessments of environmental impact with 12 of these suppliers, since their activities have the greatest impact. Additionally, 200 hours of training were held with these suppliers. GRI G4-12G4-EN32G4-SO9 Global Compact 8
QGEP maintains constant monitoring of and dialogue with all of these suppliers, aimed at identifying and implementing improvements to processes. All monitoring done is recorded in Safety, Environment and Health inspection reports, as are plans of action implemented and audits (which include Ministry of Labor and Employment Regulatory Standards). GRI G4-26 | G4-EN33G4-SO10G4-LA15G4-HR11 Global Compact 8
The collection for the “Portinari: Art and Environment” exhibit is comprised of 28 replicas of works by the painter, with images of Brazilian landscapes, flora and fauna. The goal of the “Art and Environment” project, developed in partnership with the Portinari Project through the Rouanet incentive act and which holds travelling exhibits and art workshops in addition to training public school teachers, is to promote awareness of the need for environmental conservation through the artworks of this Brazilian painter.
The exhibit has already been shown in various cities in the area of influence of the Company’s activities in southern Bahia.
In 2013, the Project’s third year, QGEP brought the exhibit and workshops to some municipalities in the area of influence of the BS-4 Block’s operations, such as Cabo Frio and São Francisco de Itabapoana. Altogether, 8 municipalities were visited, 234 teachers were trained, 150 schools were served and around 64,000 visitors saw the exhibit.
Since 2011, QGEP has supported the Viva Vôlei Project for volleyball, through the Federal Sports Incentive Act, in fishing communities in the area of influence of Block BM-J-2, in southern Bahia. The initiative was created by the Brazilian Federation of Volleyball (Confederação Brasileira de Voleibol – CBV) and is managed by Instituto Viva Vôlei, with the goal of reducing truancy, giving children alternatives to criminality and drugs, and promoting ethical and moral values of citizenship.
In 2013, 200 children ages 7 to 14 were served at centers in Canaveiras and Campinhos. Project participants have weekly classes and also receive social and educational advising.
