abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Company Response

3 Apr 2015

PTTEP response

...We and our parent company - PTT Exploration and Production Public...(PTTEP) strictly follow the appropriate international standards in Environmental, Health and Safety Management and apply the same standards to every country that we operate in. With particular regard to the exploration and production activities in the Zawtika gas field, PTTEPI fully comply the terms and conditions stated in the Production Sharing Contract that we have with the Myanmar Government and our other production partners, includes all relevant Myanmar laws and regulations and is in compliance with international practices and standards...PTTEPI confirms that the Company treats all employees worldwide fairly and equally regardless of their nationalities. Our parent company (PTTEP) has been an active participant in the UN Global Compact since June, 2011. This means that the Company and all of its subsidiaries are committed to 10 principles relating to four core areas: human rights, labor, environment and anticorruption; this strategy is in further compliance with our good Corporate Governance Policy and Code of Business Conduct. Basic salary for every country is differentiated by a countries’ gross domestic product (GDP), cost of living and inflation rates; these are common methodologies used in international. Additionally, the factors such as duties performed, employee performance, experience, competency and additional assignments also considered. PTTEPI is committed to improving its environmental performance to be among the highest in the exploration and production industry in order to minimize the Company impact on the environment. The Company respects the rights of our employees by pursuing good corporate governance business ethics, and compliance with the labor laws of the countries in which it operates.