Risk management has always been at the core of what we do. EnCap controls the boards of virtually all of our portfolio companies. When we evaluate a management team, we look for professionals who have proven track records, extensive operational backgrounds and deep expertise in incorporating environmental, regulatory and health and safety concerns into their business decisions. While we are in frequent dialogue with our portfolio companies, we require them to report and discuss significant sustainability matters at board meetings.
EnCap and our employees have a long philanthropic history. We consider this an important part of our sustainability efforts and are committed to making a meaningful impact in our communities.
As we look ahead, we are excited about the opportunity set for energy investments. Billions of people around the world do not have access to affordable energy. We expect the demand for energy to continue to grow and improve the quality of life for people around the globe. The challenge we face as an industry is to meet this demand while reducing overall emissions. EnCap is committed to staying informed of sustainability standards as they evolve and striving to deliver leading performance.
EnCap’s Sustainability Principles
Environmental
- Promote the importance to our operators of being responsible stewards of air, land, and water.
- Encourage our Upstream companies to monitor and reduce emissions.
- Invest in decarbonization efforts via our Energy Transition companies.
- Prioritize innovative technologies and practices to improve environmental performance where commercially feasible.
Social
- Attract talented employees and provide them an environment to grow.
- Foster an inclusive and respectful work environment.
- Strive for leading practices regarding health and safety in our portfolio company operations.
- Support our companies in their engagement with local communities.
- Give back to philanthropic organizations that employees are passionate about.
Governance
- Commit to conducting our business with integrity.
- Manage risk by leveraging board representation at the portfolio company level in virtually all investments.
- Seek to review sustainability matters at quarterly board meetings.
- Expect portfolio companies to implement sustainability-related policies and procedures.
- Collect standardized metrics from our portfolio companies to emphasize areas of focus and assess improvement.