Respecting Universal Rights
We believe respecting human rights is a fundamental aspect of responsible energy development. Wherever we operate, Nexen’s commitment to respecting human rights remains the same. We strive to ensure business decisions are examined for their potential impact on human rights and by taking steps to ensure employees and contractors are never complicit in human rights violations.
Nexen Human Rights Policy Reflects United Nations Guiding Principles
Nexen was one of the first Canadian companies to adopt a Human Rights policy, which includes our commitment to respect internationally recognized human rights and the rights of employees and communities. In 2013 we updated that policy to reflect important changes in the field, especially the United Nations Guiding Principles on Business and Human Rights (PDF 0.2MB). The Guiding Principles provide a blueprint for companies to reduce the risk of causing or contributing to harm of human rights.
In addition to our policy update, Nexen is working through IPIECA, the global oil and gas industry association for environmental and social issues, to develop a coordinated, effective industry response to the United Nations Guiding Principles. Together with IPIECA’s 32 member companies and 14 industry associations, we are enhancing our systems and processes for due diligence and grievance mechanisms, and more clearly communicating our industry’s performance when it comes to respecting human rights.
Managing Human Rights Risk
One of the ways we assess and manage human rights risk is through a process known as Above Ground Reviews (AGRs). These reviews assess a country’s political, security, regulatory and social issues through interviews with government officials, industry operators, journalists, non-governmental organizations and security specialists. In addition to conducting AGRs prior to considering an initial investment in a new location, updates are conducted on a regular basis.