“Creating Value and Giving Back” represents GeoPark’s integrated and market-based approach to align our business objectives with our core values and responsibilities. GeoPark’s overall business plan is to create long term value by finding and producing energy, based on good science and efficient operations, and to return that value to our core constituencies, which we define as our: Shareholders, Employees, Communities and Environment.
GeoPark’s specific methodology is focused on undertaking realistic and practical programs based on best world practices. Our emphasis is on building key principles and company-wide ownership and then expanding programs from within as we continue to grow. Our comprehensive in-house designed EHSS management program, entitled SPEED (for Safety, Prosperity, Employees, Environment and Community Development), is being developed in accordance with: ISO 14001 for environmental management issues; OSHAS 18001 for occupational health and safety management issues; SA 8000 for social accountability and worker rights issues; the Development Standards of the World Bank; and the Quoted Companies Alliance standards for good corporate governance.
A summary of all payments to governments (including royalties, taxes, canons) by GeoPark in the countries where it operates can be viewed by clicking on: Government Payments.
The underlying principle of GeoPark’s long term strategy is to attract, retain and motivate the best people and to provide them with the tools and support they need to effectively succeed. Our People policy is developed in accordance to the following GeoPark pillars: