Building Strong Relationships
At Nexen, how we work is as important as the results we deliver. We’re committed to partnering with community members and other stakeholders in the areas where we operate. We build long-term trust by sharing information, consulting with stakeholders about business decisions and working collaboratively to understand their needs and expectations.
We believe our approach to responsible development provides us with a competitive advantage by allowing us to maintain our social license to operate while also fostering support for our future growth.
Earning Our Social License to Operate
Anticipating and managing the impacts our operations can have on our neighbouring communities and the broader society is at the heart of our approach to social responsibility. Impacts from our operations vary, from the temporary inconvenience of increased traffic and noise to the positive benefits of employing local contractors and suppliers. Nexen’s ultimate goal is to generate a net benefit for society as we pursue our purpose: to create value by responsibly supplying the energy that fuels people’s lives.
Taking the time to understand the issues important to our neighbouring communities and other stakeholders is the first step in social responsibility. We do this by engaging and consulting with local community stakeholders, including Aboriginal and indigenous peoples.
Nexen benefits from local suppliers who know the community and environment best. We also work with local governments, businesses and residents to enhance their capacity to provide goods and services.
Giving back to the communities where we operate is a deeply rooted value at Nexen. We see a long-term business benefit when our host communities thrive. Read about Nexen’s ReachOut program and our support of charitable organizations.
Transparent Reporting: Benchmarking Our Performance
How Nexen meets the challenge of developing energy responsibly is a question we’re asked by our stakeholders. In addition to our annual update on our sustainability performance, we also benchmark our performance against the industry’s best. Nexen’s sustainability performance and reporting has led to its inclusion in the Global 100 Most Sustainable Corporations, the Dow Jones Sustainability Index and the Jantzi Social Index.
In 2012, we developed leading and lagging social metrics that will be tested in 2013 prior to full implementation to strengthen our ability to measure and benchmark our performance in this area.