Engaging with stakeholders and landowners where we operate is embedded in the way we work.
Building Mutually-Beneficial Relationships
Nexen demonstrates respect for stakeholders and indigenous communities through early, ongoing engagement and open dialogue. We align the interests of stakeholders with our values and business principles.
Our approach is based on the belief that all stakeholders have a legitimate right to know about Nexen’s planned and ongoing activities, and to be consulted on issues that affect them.
Stakeholders Defined
We define stakeholders as any individuals or groups who could be impacted by our operations or who could, through their own actions, affect our business. Many people have a stake in Nexen:
- Employees
- Governments and regulators
- Customers
- Community residents and landowners
- First Nations and Aboriginal peoples
- Special interest groups and non-government organizations
- Investors
Although all stakeholders are important to Nexen, it takes considerable effort to build positive and mutually beneficial relationships. Project and operational size, impact scope and the degree to which stakeholders themselves wish to be involved are considered when determining the level of engagement.
In 2012, Nexen developed a comprehensive guide that outlines how we effectively engage with stakeholders and indigenous peoples. The guide introduces guiding principles and best practices and summarizes Nexen’s responsibilities as well as the recommended approaches employees and contractors should adopt when interacting with stakeholders and indigenous communities. Through our commitment to effective engagement, Nexen
builds an understanding of stakeholder interests and concerns as well as the local cultures and characteristics of the communities where we operate. This lays the foundation for creating long-term, mutually beneficial relationships.