INVESTING IN BEST IN CLASS ENERGY
In addition to the financial merits of a company, Wilrich invests into businesses with strong environmental, social and governance (ESG) practices. Companies with strong ESG platforms have better long-term prospects as they attract top talent while proactively evaluating risks and opportunities through this framework.
When assessing potential clients, Wilrich considers a range of factors which include:
Environment
- Active abandonment and reclamation programs for non-producing wells, facilities and infrastructure
- Emissions reduction projects
- Fresh water use reduction programs
- Gas conservation projects
- Rigorous pipeline integrity and facility maintenance programs
Social
- Active in the local communities they are operating in through engagement, investment and education
- HSE policy and program
- Employee retention
GOVERNANCE
- Independent and diverse board
- Executive compensation
- Third party independently reviewed financial reporting, reservoir engineering and environmental reporting