Wentworth Announces Membership of the United Nations Global Compact Network

Source: www.gulfoilandgas.com 2/18/2021, Location: Africa

Wentworth Resources plc, the independent, Tanzania-focused natural gas production company, is proud to announce its membership to the United Nations (UN) Global Compact, a voluntary initiative to promote the development, implementation and disclosure of responsible business practices.

Launched in 2000, the UN Global Compact is the world's largest corporate sustainability initiative, with more than 12,000 companies based in over 160 countries, and 70 local networks. The initiative calls upon companies to operate responsibly by aligning its strategies and operations with the UN's Ten Principles on human rights, labour, environment and anti-corruption, and to take strategic action to support the Sustainable Development Goals (SDGs).

As a leading domestic natural gas producer in Tanzania, Wentworth plays a critical role in ensuring low carbon, affordable and reliable energy access to the people of Tanzania. Energy access rates are currently at 37%[1] and with a 2030 universal energy access target set by the Government of Tanzania and aligned with the UN Sustainable Development Goals, Wentworth has an important role to play in scaling up access during the next decade.

Wentworth recognises the importance in adopting a responsible approach to its investment in Tanzania and is committed to working collaboratively with its partners in-country to maximise the impact from its operations to create shared value amongst all its stakeholders.

Katherine Roe, CEO, commented:
"As a leading domestic natural producer that is contributing 50% of all the natural gas that powers the Tanzanian grid, working hand-in-hand with hydropower to ensure reliable and affordable access and displacing the need for HFO and diesel, we are playing a pivotal role in shaping Tanzania's sustainable future.

Joining the UN Global Compact underlines our existing commitment to deliver these outcomes responsibly and collaboratively with all of our stakeholders, from employees and communities to Government, to capture the most impact for local stakeholders and to support Tanzania's ongoing socio-economic growth.

Throughout the last year, a priority for our business has been to bolster our ESG performance and disclosure. Joining the UN Global Compact is an important milestone in this journey to ensure we uphold international best practice in our values and behaviour and we look forward to working collaboratively with other network members to accelerate responsible business action to create a more sustainable world."

Steve Kenzie, Executive Director, UN Global Compact Network UK, added:
"The core of the United Nations Global Compact's mission is to support companies doing business responsibly by aligning their strategies and operations with ten universal principles on human rights, labour, environment, and anti-corruption. We also support businesses taking action to advance the Sustainable Development Goals. We are delighted and encouraged by Wentworth Resources' endorsement of our initiative."

Nigeria >>  4/6/2021 - Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded a contract by the Federal Executive Council to carry out Rehabi...
Egypt >>  3/30/2021 - PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt. The survey will be acquired using an Extended Long Offset ...

Egypt >>  3/29/2021 - Boskalis announces the successful salvage operation of the grounded 20,000 TEU container vessel Ever Given in the Suez Canal. With a length of 400 met...
Algeria >>  3/25/2021 - The Chief Executive Officer of Eni, Claudio Descalzi, and the President General Manager of the Algerian state company SONATRACH, Toufik Hakkar, met to...

Egypt >>  3/21/2021 - Petrojet – an Egyptian petroleum sector company – is boosting cooperation with South Korean companies including Korea Hydro & Nuclear Power (KHNP), Ke...
Tunisia >>  3/15/2021 - Zenith Energy Ltd. ("Zenith") (1ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, is...

Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.