Kosmos
Energy (NYSE: KOS) today announced that it has joined the United
Nations Global Compact and is committed to making the Global Compact and
its principles part of the strategy, culture and day-to-day operations
of the Company.
The UN Global Compact is a strategic policy initiative for businesses
that are committed to aligning their operations and strategies with ten
universally accepted principles in the areas of human rights, labor,
environment and anti-corruption. By doing so, business, as a primary
driver of globalization, can help ensure that markets, commerce,
technology and finance advance in ways that benefit economies and
societies everywhere. With over 8,000 corporate participants and other
stakeholders from over 135 countries, it is the largest voluntary
corporate responsibility initiative in the world.
Kosmos Energy has joined the UN Global Compact as part of its commitment
to maintaining and improving an open and transparent framework for
organizing and developing corporate responsibility strategies. The
Global Compact incorporates a transparency and accountability mechanism
known as the Communication on Progress (COP). An annual posting of a COP
will be an important demonstration of Kosmos Energy’s commitment to the
UN Global Compact and its principles.
About Kosmos Energy
Kosmos Energy is a leading independent oil and gas exploration and
production company focused on frontier and emerging areas along the
Atlantic Margin. The Company’s asset portfolio includes existing
production and other major development projects offshore Ghana, as well
as exploration licenses with significant hydrocarbon potential offshore
Ireland, Mauritania, Morocco (including Western Sahara) and Suriname. As
an ethical and transparent company, Kosmos is committed to doing things
the right way. The Company’s Business
Principles articulate our commitment to transparency, ethics, human
rights, safety and the environment. Read more about this commitment in
the Kosmos 2012
Corporate Responsibility Report. Kosmos is listed on the New York
Stock Exchange and is traded under the ticker symbol KOS. For additional
information, visit www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that Kosmos expects, believes
or anticipates will or may occur in the future are forward-looking
statements. Kosmos’ estimates and forward-looking statements are mainly
based on its current expectations and estimates of future events and
trends, which affect or may affect its businesses and operations.
Although Kosmos believes that these estimates and forward-looking
statements are based upon reasonable assumptions, they are subject to
several risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or
other similar words are intended to identify forward-looking statements.
Such statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of Kosmos, which may
cause actual results to differ materially from those implied or
expressed by the forward-looking statements. Further information on such
assumptions, risks and uncertainties is available in Kosmos’ Securities
and Exchange Commission (“SEC”) filings. Kosmos undertakes no
obligation and does not intend to update or correct these
forward-looking statements to reflect events or circumstances occurring
after the date of this press release, except as required by applicable
law. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. All forward-looking statements are qualified in their
entirety by this cautionary statement.
Copyright Business Wire 2013