Communities
At Kosmos Energy, we aim to be a trusted partner, good corporate citizen, and catalyst for positive change in our host countries.
We believe that we should work with a range of stakeholders and maximize opportunities for local communities in order to contribute to global sustainable development.
Our Community Commitments
We invest in the communities near our operations to create enduring value and have a positive impact in our host countries. We commit to:
Delivering social benefits in line with the local and national developmental needs of the communities we work in
Working with local stakeholders to facilitate sustainable economic and social development
Social Investment
We seek to align our social investment programs with wider regional development strategies. Kosmos strives to maximize the benefits that local residents and businesses derive from exploration, development, and production activities.
Our social investment strategy is to promote diverse economies, innovation, and skills development; enable inclusive and quality learning environments; and build resilience against the impacts of climate change, all with a particular focus on supporting youth and women.
Our decisions when identifying, designing and implementing social investment projects are guided by the following principles:
- We take a participatory approach to understand needs and seek to create broad-based benefits
- We invest in projects that are sustainable and that aim to build local capacity or drive economic opportunity
- We require accountability and evaluate investments based on outcomes
- We integrate social investments with our core business and other activities
Kosmos Innovation Center
The Kosmos Innovation Center (KIC) helps young entrepreneurs turn their ideas into viable businesses and works alongside promising small businesses to help them reach their full potential.
The KIC works in three ways:
Through localized, best-in-class leadership and entrepreneurship training, the KIC helps young individuals to see opportunities that others miss
The KIC provides a full lifecycle of support to promising entrepreneurs, start-ups, and small businesses through tailored coaching, skill building, expert mentorship, and seed funding
The KIC enables young entrepreneurs to tackle tough problems in their country’s most critical sectors and channel their talent into innovative, private sector-led solutions