The Best Sustainability Company in Latin America (2016)
The Company was awarded ‘The Best Sustainability Company in Latin America’ by World Finance from a short list of four companies. The World Finance Organization utilizes a committee that evaluates companies recommended by local institutions and other peers. The Company also received this award in 2012 and 2014.
In 2016, after an extensive external audit of the processes and management systems, the Company was able to exhibit its commitment to gender equality in its selection of talent, organizational development, compensation, communication and other dimensions, obtaining the silver seal from the Ministry of Labor of Colombia and the United Nations UNDP. Out of 100 possible points, the Company scored 98.9, positioning itself as the first oil and gas company in Colombia and South America to receive the certification.
Certification for business continuity management (2016)
The Company is the first company in the sector in Latin America to obtain certification under the ISO 22301:2012 norm granted by Bureau Veritas. The standard certifies that Frontera Energy has a continuity strategy for any scenario involving threats, managed through plans for recommencing operations that are rehearsed regularly to guarantee continuity of operations, regardless of the emergency that occurs.
Dow Jones Sustainability Indices (DJSI) – North America (2013, 2014, 2015)
In 2013, 2014 and 2015, the Company was listed in the DJSI North America for excelling in indicators such as labour practices and human rights, biodiversity, water-related risks, occupational health and safety, and stakeholder engagement.
The Company is part of the top nine oil and gas industry leaders in North America, along with important companies such as Chevron, ConocoPhillips and ExxonMobil.
The DJSI, launched in 1999, in one of the main international references to monitor the financial performance of leading companies in terms of corporate sustainability.
EO100 Standard (2014)
The Quifa field was certified with ‘Sustainable Barrels’ under the EO100 Standard. The Company received a score of 100/100, which indicates that operations use the best practices in the industry in terms of social and environmental performance.
The EO100 Standard is the only certification that evaluates social responsibility and environmental practices in oil exploration and production areas.
Voluntary Principles on Security and Human Rights (2014)
The Company was chosen to be one of 28 companies that are a part of this international initiative, which offers practical guides for companies that operate in zones of conflict or with fragile governance. These guides ensure that public and private security forces that are responsible for protecting operations act within a framework that is respectful of human rights.
Women Together (2014)
The Woman Together organization highlighted the Company’s social, environmental, human rights and ethics work, and recognized its sustainable model and management.
Women Together is a non-profit organization formed by a multidisciplinary team, which is associated with the United Nations.
CIPS Certification (2012)
UK’s Chartered Institute of Purchasing & Supply (CIPS) awarded the Company with the Purchasing Policies, Processes and Procedures Certification (PPP) in September 2012 for its efficient actions in the development of supply chain management. This certification is widely acknowledged in the hydrocarbon sector.