Taking a Closer Look at Climate Change

Kosmos recognizes that the world is facing a serious challenge from climate change influenced by human activity. In 2017, we conducted a review of our approach to climate change and the external policy and stakeholder environment.

In the review, we:

• Benchmarked Kosmos’ approach against that of a set of industry peers;
• Analyzed stakeholder attitudes, including emerging investor expectations around climate change reporting and initiatives such as the Task Force for ClimateRelated Financial Disclosures;
• Examined the wider policy environment, projections of global energy needs, and climate-change risks and opportunities for our business.

We are now considering how to integrate the review’s findings into our future business strategy. In the meantime, climate change will remain on our agenda, and we will continue to review and adapt our approach as the external environment evolves.