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  OUR RESPONSIBILITIES

Sustainability at Purple Hydrocarbon Resources Ltd. is about operating our business in a responsible and well considered manner, to deliver the maximum possible return to shareholders while sensibly managing the economic, social and environmental risks inherent within our industry.
We take seriously our social and environmental responsibilities in all we do.

We pride ourselves on being a good corporate citizen and approach community relations activities with a long-term and sustainable view. We work with the local communities in which we operate. Purple Hydrocarbon, is especially committed to supporting not for profit organisations around Africa that our employees are involved with and/or are near our areas of operations.

Business Ethics
Purple Hydrocarbon has a code of conduct which sets out standards of behaviour expected of its directors and employees and contractors. In summary, those standards require:

 Compliance with the laws that govern Purple Hydrocarbon and its operations;
 Its people to act honestly and with integrity and fairness in all dealings;
  Avoidance, or management, of conflicts of interest;
  The assets of the Company to be used appropriately and efficiently for the benefit of its shareholders;
 A contribution to the well-being of the Company’s key stakeholders; and
 Exemplary corporate citizenship.

Purple Hydrocarbon also has a Whistle Blower Policy to ensure breaches of policy can be reported without fear of reprisal.

Risk Management
The Purple Hydrocarbon management team has overall responsibility for the integrity of our risk management system. The Risk Management Committee is delegated with management of the Company’s risks, and ensures an integrated company-wide approach to the incorporation of risk and reward considerations for all material business decisions.

Stakeholder Engagement

- Investor Engagement
Purple Hydrocarbon’s investor relations program is comprised of face to face meetings with investors, regular company announcements on the company website, corporate presentations at industry functions, investor days and field trips for analysts and institutional investors, and presentations for retail investors. The Company is conscious of ensuring that all investors are catered for within the program.

- Community Visits
The Chief Operating Officer and Exploration and Development Manager will conduct regular trips to visit community representatives and station managers to discuss the Company’s current activities and future plans, as well as answer any questions.

- Government Liaison
Purple Hydrocarbon builds and develops its relationship with the relevant Regulatory Bodies and state governments. It is useful to sometimes incorporate field trips to familiarise politicians with our operations, as well as regular meetings with state regulators to discuss plans for future operating activities.

- Indigenous Relations
Purple Hydrocarbon is committed to maintaining positive relations with the indigenous community, incorporating the following principles in our Indigenous and Stakeholder Relations Policy:

Acknowledgement and respect – Purple Hydrocarbon will:
    
Work to promote the understanding of oil and gas exploration and production operations within indigenous communities;
     Acknowledge indigenous peculiarities of a country
     Respect indigenous traditions, culture, integrity of country and cultural sites.

Understanding and trust – Purple Hydrocarbon will:
    Work towards understanding indigenous perspectives;
    Be aware that communities and other stakeholders may have little understanding of our industry and how it works; and
    Ensure our employees and contractors approach activities at operational sites with an awareness of their obligations in regardto the protection of indigenous cultural heritage.
 
Communication and commitment – Purple Hydrocarbon will:
    Consult with the relevant parties and encourage dialogue and liaison;
    Adopt practical measures to develop trust;
    Take into account that leaders and advisers of communities have obligations to consult and ascertain the wishes and opinions of their people, and that this may often be a lengthy process;
    Use its best endeavours to ensure reasonable rights of consultation, continued access to land is provided, and the integrity of country is maintained;
    Take steps to identify and mitigate the effects of any unforeseen cumulative impacts arising from Purple Hydrocarbon activities; and
    Consult with landowners and land users to minimise the impact on each other’s activities.
   
Opportunities:
    Purple Hydrocarbon seeks to actively recognise and promote opportunities within our industry, and wherever reasonably possible, within the company’s activities, for indigenous people to enjoy improved living standards, maintain their culture and traditions, and provide economic independence through training, employment and enterprise.
   
 
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