Non-extractive company
Website: 
FAR Ltd.
Implementing Countries: 

FAR Limited

FAR Limited (ASX:FAR) is an independent, Africa focussed, Australian Securities Exchange listed, oil and gas exploration and development company with high value assets in West Africa, East Africa and Australia. Two world class, offshore oil discoveries; FAN-1 and SNE-1, were made by FAR in Senegal in late 2014 which have transformed FAR and underscored the global significance of its West African margin exploration leases.

FAR Limited's social investment in the countries they operate

FAR is committed to achieving excellence in managing it’s environmental, safety, health and social performance in all of our work places, activities and operations.

FAR is dedicated to enacting policies and practises that are ethically, social and environmentally sound and are consistent with FAR’s objectives of being a respected community citizen in the stakeholder groups where we conduct FAR’s business. FAR is also dedicated to supporting activities that deliver positive, lasting social and economic benefits to the people in the communities in which we operate.

For full details of our community and social programs, please see our social contribution page on our website at http://www.far.com.au/sustainability/social-contribution/ 

Financial contribution to the international management of the EITI

FAR Limited contributed USD 20,000 in 2019.

Contacts:

Angelique Callegari, Investor Relations (a.callegari@far.com.au)

Stakeholder Statement: 

Statement of Support from FAR Ltd

FAR Limited commits to actively working with the governments, national organisations, companies, media and financial institutions within the countries it operates to support, promote and participate in programs that encourage transparency and international best practice for governance.

FAR’s corporate focus is investing in African exploration and development projects for oil and gas with its core project in Senegal. FAR recognises that the countries within which we operate are often immature in their development and application of transparency policy and hence FAR strives to support this development to ensure positive foreign investment, infrastructure and capacity building and economic growth.