As one of our nation’s flagship state-owned companies, we play a critical role as not only an employer, tax contributor and supply chain partner, but also as a facilitator of livelihoods and socio-economic prosperity. Over the past three years, our company has grown to a workforce of approximately 462 people (permanent and direct contracted staff) as well as a major provider of thirdparty contracts across the value chain. We aim to provide industry standard, competitive compensation for our employees that are compliant with the State Enterprise Performance Manual and aligned to our strategic plan. Our robust recruitment and selection processes is fair, transparent and consistent. This helps us to provide equal opportunities without discrimination with respect to: skin colour, ethnicity, religion, sex, gender, political persuasion, sexual orientation, disability, or any other basis prohibited by law. This practice has resulted in us achieving a healthy level of diversity within the organisation.
As a major national oil and gas producer, we procure capability, equipment, components and raw materials from suppliers locally, regionally and internationally. Across our supply chain, our Code of Ethics governs all of our interactions, including those with suppliers and outlines our commitment to all applicable laws and regulations, including the Procurement Act. Our supplier vetting process includes evaluating suppliers’ performance and conducting an on-site audit to ensure ethical treatment of their employees, including the absence of child labour.
Key Figures 4.6% (TT$6.83BN) of T&T’s GDP TT$1.1BN Supply chain spend c.1,470 local invited vendors c.4,000 jobs: employees and third-party contractors 5.7% contribution to T&T’s Total Tax Revenue Budget
FOURTH ESG FOCUS AREA: EMPOWERING FUTURE LEADERS
We have also invested in the talent pipeline of the future with the launch of two initiatives: our Graduate Trainee Programme and our Student Mentoring Programme. In February 2021, our two-year Graduate Trainee Programme was offered to university graduates to provide practical and invaluable work experience with the aim of helping them become more employable. The first year saw us recruit 19 graduates across multiple disciplines. In 2022, we partnered with the Society of Petroleum Engineers to mentor six students as part of our Student Mentoring Programme, designed to coach and inspire Science, Technology, Engineering and Mathematics (STEM) students during their academic journey.
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