Information on how we are working to provide energy to support economic growth while reducing environmental impacts. In 2022, scenario management was further strengthened by a process safety knowledge verification initiative that required workers to complete additional training and demonstrate competencies specific to higher consequence process safety scenarios. In the field, leaders reinforced expectations with workers and verified they understood the scenarios and their specific responsibilities.

Sustainable development objectives are integrated into the general business strategy and achieved as part of the dedicated programs and development plans developed for specific business segments. Thanks to continuous improvement of its sustainability performance Eland Oil & Gas Limited activities contribute to sustainable economic growth amid simultaneous increase of responsibility towards all stakeholders.

Risk management

Sustainability Report 2025
The Company has a risk management system in place which makes a basis for the regular identification, assessment and monitoring of potential events that can have an adverse impact on the operations of the Company as well as for the development of actions to prevent such events or minimize their negative impact in case their occurrence. New risks are identified and assessed and information is updated in the corporate information system on a continuous basis.

Sustainability Report 2025
Uniform principles and approaches to the risk management system of the Company, its main goals and objectives of participants in the risk management system are described in the Risk Management and Internal Control Policy of Eland Oil & Gas Limited (the "Policy"). The Risk Management business process in the Eland Oil & Gas Limited consists of the following main stages:
In accordance with the Policy, all employees of the Eland Oil & Gas Limited at all levels of management are responsible for the identification of risks. Every employee in the course of his/her job duties should assess his/her activities for the potential impact of risks. If a risk is recognized as material, appropriate information is entered into the corporate information system.

Activities of the Eland Oil & Gas Limited are based on the corporate values allowing for doing business in accordance with high ethical standards, including strict compliance with laws, unconditional respect for human rights, zero tolerance towards any corruption and adherence to fair competition rules.

For more information, contact us at (44) 787-8300 or info@elandoilgas.com