Canacol Energy Ltd

Canacol Energy Ltd. is the largest independent onshore conventional natural gas exploration and production company in Colombia. Their focus on natural gas production is driven by the Colombian government's commitment to reducing greenhouse gas emissions and transitioning to a cleaner energy matrix. They are focused on maximizing returns for shareholders while becoming a leader in environmental responsibility, community engagement, and corporate governance. Canacol has a strong track record of exploration success, with a 2P gas reserve assessment of 607 billion cubic feet and a before-tax present value of $2.1 billion. They operate over 1.5 million net acres in 11 exploration and production gas contracts in Colombia.

Canacol is committed to sustainable practices and actively engages with communities in their operational areas. They have a comprehensive ESG strategy aligned with international standards, including climate action, water management, biodiversity conservation, waste management, and human rights. Canacol promotes diversity and inclusion within their workforce and supply chain, striving to create a positive impact on their employees and the communities they serve. They also have a robust risk management framework that encompasses all aspects of their operations and ensures transparency and ethical business practices.

Canacol offers flexible work options for their employees, including part-time working schedules and remote work opportunities.

Canacol offers a comprehensive benefits package that aims to support the well-being of its employees. This includes health insurance, life insurance, flexible work schedules, annual bonuses linked to corporate performance, long-term savings funds, funeral insurance, birthday gifts, transportation assistance, and basket bonds. The company also provides a range of support programs, such as annual sports incentive bonuses, prepaid medical plans for employees and their immediate families, educational support for children of employees with disabilities, educational aids for children of employees, paid work leaves, extra-legal maternity and paternity leaves, a lactation room, monthly childcare contributions, psychological support for stress management, and part-time working options.

Canacol Energy Ltd. is committed to improving the quality of life for millions of people by responsibly exploring, producing, and supplying conventional natural gas in Colombia. They believe in the critical role natural gas plays in the energy transition, and strive to supply a cleaner energy future while upholding the highest standards of operational and environmental safety, thereby supporting the country's clean and equitable energy transition. Their efforts encompass a comprehensive approach to minimizing their ecological footprint, promoting community engagement, and investing in social programs that enhance the well-being of their stakeholders.

Canacol Energy promotes a culture of innovation, technical excellence, and corporate social responsibility. They value attracting and retaining industry-leading talent, holding themselves to the highest standards of sustainability, and maximizing return to shareholders. The company fosters a collaborative and transparent work environment where employees are encouraged to share ideas and contribute to the company's success. They also prioritize employee well-being by providing competitive compensation, benefits, and support programs. This is reflected in their commitment to diversity, equity, and inclusion with a focus on attracting and retaining a diverse workforce and promoting a culture of respect and fairness.

Canacol Energy prioritizes diversity, equity, and inclusion (DEI) as a core value, believing it fosters innovation and informed decision-making. Their DEI policy outlines a commitment to equitable opportunities for all employees, regardless of gender, ethnicity, race, nationality, culture, age, marital status, political affinity, religion, or sexual orientation. Canacol actively promotes a diverse workforce, exceeding global and national averages for women in the oil and gas sector. They have set ambitious goals for increasing women's participation in their workforce, particularly in STEM roles and management positions, and have received recognition for their DEI initiatives.