Responsible and Ethical Management of Our Business

Commitment to Ethical, Fair, Transparent, and Responsible Conduct

Doral Energy is committed to ethical, fair, and responsible business conduct and expects similar conduct from all its business partners and diverse stakeholders. In 2023, the Company reinforced its adherence to relevant regulations and further enhanced its internal procedures by institutionalizing policy documents on critical aspects of its operations. These policies, accompanied by internal work procedures, ensure comprehensive guidance for the Company’s conduct. In addition to the Code of Ethics, the Company formulated an Information Security and Privacy Policy, Anti-Bribery and Corruption Prevention Policy, Environmental Sustainability Policy, Fair Employment, Equaulity Diversity and Inclusion Policy, and Community Investment Policy. Also in 2023, the Company implemented the Task Force on Climate-related Financial Disclosures (TCFD) guidelines for managing climate-related risks and opportunities in its operations and expanded its efforts to evaluate key suppliers.

The Company has set a range of goals to promote its conduct in the field:

  • 0 incidents of bribery and corruption and 0 incidents of improper business conduct.
  • All Company employees will undergo annual training on the Code of Ethics, business ethics, and the administrative enforcement program
  • The Company’s business partners and suppliers will sign Doral’s Code of Ethics
  • Expanding the assessment of material suppliers to promote ESG
  • Adopting a procurement procedure and formulating a responsible supply chain policy that includes ESG components in the selection of suppliers for the Company’s significant projects, with a focus on local and green procurement, labor rights, and occupational health and safety
  • 33% women on the board of directors by the end of 2026; 33% women 33% women in management by the end of 2026