Community development in Ghana – Kofi Esson - Tullow Oil plc
Community development in Ghana – Kofi Esson - Tullow Oil plc Community development in Ghana – Kofi Esson - Tullow Oil plc
CSR strategyTullow ‘Working with Communities’ initiative• Basic needs, Health & Hygiene• Children & Education• Development of local enterprise• ConservationGuidance for Identifying Suitable Projects• Balance of short and long term commitments- Nature and Phase of Tullow’s activity- Sustainability of projects• Operated or non operated activity and level of licence commitment• Spend relative to value for Tullow• Use of visible and reputable NGOs when necessaryMaintaining Successful Projects• Establish metrics to measure success & maintain projects• Continue support of existing projects• Managing growth and societal expectationsOctober 2008 Capital Markets Day Slide 4
Developing CSR programme in GhanaGhana - Identifying and addressing material issues• 3.1% HIV/Aids adult prevalence in local communities. (Source: USAID)• Majority without access to regular & clean water source. Sanitation coverage only 18%.• 5.7% infant mortality rates (Source: United Nations)• “Millennium Development Goals” for Ghana – debt relief allows investment in health,education, infrastructure, environmentTullow - Developing for the long term• 2006/7 - One-off/Regional projects concentrating on basic needs- Clean and safe drinking water- Improving education standards- Improving ophthalmic standards• 2008+ Building a programme in line with the growth of our business- CSR Office in Takoradi- Involvement of JV partners- Focus on Fishing Communities in Central/Western Regions- 5 year plan in preparation• Strategy complements existing NGO and Governmental MDG (Millennium DevelopmentGoals) InitiativesOctober 2008 Capital Markets Day Slide 5
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- Page 3: Strategy & approachActive leadershi
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- Page 9 and 10: Longer term CSR strategyJubilee pro
Develop<strong>in</strong>g CSR programme <strong>in</strong> <strong>Ghana</strong><strong>Ghana</strong> - Identify<strong>in</strong>g and address<strong>in</strong>g material issues• 3.1% HIV/Aids adult prevalence <strong>in</strong> local communities. (Source: USAID)• Majority without access to regular & clean water source. Sanitation coverage only 18%.• 5.7% <strong>in</strong>fant mortality rates (Source: United Nations)• “Millennium Development Goals” for <strong>Ghana</strong> – debt relief allows <strong>in</strong>vestment <strong>in</strong> health,education, <strong>in</strong>frastructure, environment<strong>Tullow</strong> - Develop<strong>in</strong>g for the long term• 2006/7 - One-off/Regional projects concentrat<strong>in</strong>g on basic needs- Clean and safe dr<strong>in</strong>k<strong>in</strong>g water- Improv<strong>in</strong>g education standards- Improv<strong>in</strong>g ophthalmic standards• 2008+ Build<strong>in</strong>g a programme <strong>in</strong> l<strong>in</strong>e with the growth of our bus<strong>in</strong>ess- CSR Office <strong>in</strong> Takoradi- Involvement of JV partners- Focus on Fish<strong>in</strong>g Communities <strong>in</strong> Central/Western Regions- 5 year plan <strong>in</strong> preparation• Strategy complements exist<strong>in</strong>g NGO and Governmental MDG (Millennium DevelopmentGoals) InitiativesOctober 2008 Capital Markets Day Slide 5
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