Corporate Responsibility
GEOLOG takes its corporate social responsibilities seriously and has a long-standing
commitment to advancing its policies and systems to ensure it addresses and monitors
all aspects of social responsibility that are relevant to its business.
The three main principles on which GEOLOG bases its commitment to social responsibility are:
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Business Ethics
As a company, and as individuals, we are a responsible corporate citizen, committed to compliance with all laws, regulations, client and company policies. At GEOLOG we value integrity, honesty, openness, personal excellence, ethical behaviour and mutual respect. We are committed to providing the highest level of service to our customers and hold ourselves accountable to our customers and employees by honoring our commitments and providing results. GEOLOG’s independence from other drilling and evaluation well services ensures it provides independent advice to its customers, regardless of the findings of our analysis – we tell the truth as we see it.
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GEOLOG commitment
To ensure that social responsibility aspects of GEOLOG’s activity are taken into account, GEOLOG became an active member of the United Nations Global Compact (UNGC) through which is committed with human rights, labour, environmental and anti-corruption principles
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Community Investment
By investing in the neighbourhoods where we operate and by creating local jobs, GEOLOG is helping to develop prosperous, stable communities that are not only good places in which to do business, but also good places for our employees, their families and our neighbours to live. Additionally, through the
GEOLOG Foundation, we are focused on helping young children in the countries where we work. Recent efforts include working with a monastary in Angola in their support of the local disadvantaged community and donations from United Nations Children’s Emergency Fund - UNICEF in its defense, promotion and protection of children s rights around the world. Full details at
GEOLOG Foundation
UNGC – United Nations Global Compact
GEOLOG is a also member of the United Nations Global Compact (UNGC) program. The UNGC is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. By doing so, business, as a primary agent driving globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.
The UN Global Compact's ten principles are derived from:
- The Universal Declaration of Human Rights
- The International Labour Organization s Declaration on Fundamental Principles and Rights at ork The Rio Declaration on Environment and Development
- The United Nations Convention Against Corruption
This program asks companies to embrace, support and enacts a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption, as detailed hereafter:
Human Rights
- Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
- Principle 2: make sure that they are not complicit in human rights abuses.
Labour Standards
- Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
- Principle 4: the elimination of all forms of forced and compulsory labour;
- Principle 5: the effective abolition of child labour; and
- Principle 6: the elimination of discrimination in respect of employment and occupation.
Environment
- Principle 7: Businesses should support a precautionary approach to environmental challenges;
- Principle 8: undertake initiatives to promote greater environmental responsibility; and
- Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
- Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.