ESG
Environmental, Social and Governance (ESG)
At West Indies Petroleum Limited (WIP), sustainability is at the core of our business operations. Our comprehensive ESG policy reflects our commitment to building sustainable, equitable, and healthy communities through responsible business practices and exemplary environmental, social, and governance performance, contributing to the betterment of our country and its citizens.
Environmental Stewardship
Our commitment includes:
- Actively reducing our energy and carbon footprint.
- Implementing environmentally sustainable initiatives.
- Supporting digital-first operations to minimize paper waste.
- Complying with and exceeding environmental legislation.
- Supporting the Taskforce on Climate-related Disclosure (TCFD) recommendations.
- Engaging stakeholders in environmental initiatives
Social Responsibility
Our social commitment focuses on creating value for all stakeholders through:
- Fostering an inclusive, diverse, and dynamic workplace.
- Supporting employee professional development and work-life balance
- Investing in community development and education.
- Promoting safety, health, and wellness across our operations.
- Protecting human rights throughout our value chain.
- Building strong relationships with local communities.
- Supporting workforce development and economic growth.
Governance Excellence
We maintain high standards of corporate governance through:
- Strong board oversight and management accountability.
- Proactive risk management strategies.
- Implementation of a robust Code of Ethics and Business Conduct.
- Regular ethics training and leadership development.
- Transparent stakeholder communications.
- Clear ESG goals and accountability measures.
At WIP, we believe that strong ESG performance is fundamental to our long-term success and reputation. By integrating environmental stewardship, social responsibility, and strong governance into every aspect of our operations, we are working to create sustainable value for all stakeholders while contributing to the development of Jamaica and the wider Caribbean region.
Our ESG policy is regularly reviewed and updated to ensure it remains aligned with global best practices and meets the evolving needs of our stakeholders and the communities we serve.