This isDolphinEnergy’s fifth sustainability report, reportingonperformance in the year 2013.
It alsoprovides comparative information for 2012, 2011, and 2010wherepossible. Dolphin
Energy has produced aSustainabilityReport each year since 2009.
Process for defining report
content
This report focuses onDolphinEnergy’s
priority areas, whichwere identified
throughaprocess incorporatingGRI’s
principles, including theOil andGas
Sector supplement, and the IPIECA/API
reportingguidelines for defining report
content, including:
Materiality:
DolphinEnergy believes the
report covers all major issues that reflect
DolphinEnergy’s significant economic,
environmental and social impacts, or the
issues that would substantively influence
the assessments anddecisionsmadeby
its stakeholders.
Stakeholder inclusiveness:
Dolphin
Energy has identified and considered all
key stakeholders, andhas outlined how
the company engages them, identifies
their priorities, and responds.
Sustainability context:
Dolphin
Energy has consideredglobal trends
in sustainability for the oil andgas
sector, and has also taken into
account the regional and local contexts
of itsoperations.
Completeness andboundaries of this
report:
DolphinEnergy has attempted
tomake this report as complete as
possible. The report pertains toDolphin
Energy’s 2013performance (January 1st
toDecember 31st 2013), covering all its
operations in theUnitedArabEmirates
andQatar unless statedotherwise. There
are no excludedoperations.
Reportingcycle:
DolphinEnergywill report
on its sustainability progress annually.
Ensuringquality in
sustainability reporting
DolphinEnergy recognizes that ensuring
thequality and credibility of the
informationpresented in this report
is of the utmost importance, and
thus has used theGRI 'principles
for definingquality'.
Balance:
The report seeks to
demonstrate transparency, presenting
achievementswhile also highlighting
the areaswhereDolphinEnergy believes
there is anopportunity to improve.
Comparability: The report provides three
to four years of comparabledata for the
majority of indicators.
Accuracy and reliability:
Every effort
has beenmade to ensure that the
performancedata is as accurate
as possible, and to thebest of the
company’s knowledge is of a very
high level of accuracy.Whereprevious
years’ reporteddatawere found tobe
erroneous, DolphinEnergy has restated
themwith an explanation in the given
sectionof the report. On any indicators
with unique calculations or techniques
toDolphinEnergy, the calculation is
reported alongside eachKPI.
Clarity:
This report targets awide
range of stakeholderswith varying
levels of awareness of sustainability.
DolphinEnergy has strived tomake
the report easily understandable for
all anticipated readers.
Assurance:
This report has not been
externally assured.
CautionaryStatement
DolphinEnergy’s 2013Sustainability
Report contains certain forward-looking
statements. All statements, other than
statements of historical fact are, ormay
bedeemed tobe forward-looking
statements. By their nature, forward-
looking statements involve known and
unknown risks anduncertainties that
couldmaterially affect expected results
of operations, cash flows andbusiness
prospects, because they relate to events
anddependon circumstances that will
ormay occur in the future. Readers
should not place undue reliance on
forward-looking statementswhich speak
only as of thedate of this report.
Appendix A:
Report Parameters
52