019 2 / Sustainability Report 2018 DEA On May 1, 2019 Wintershall and DEA has become Wintershall Dea. Two major shareholders, BASF and LetterOne, signed a binding agreement to merge their respective oil and gas business, in September 2018. The merger was completed on May 1, 2019. This Sustainability Report provides information on DEA’s activities in the 2018 financial year until end of April 2019. In the next year a Corporate Resposibility Report will be published on Wintershall Dea’s activities in the year 2019 financial year. Sustainability Report 2018 / Compiled 30 April 2019 2019 Sustainability figures 2018 What our data tells us Durability Footprint for concessions operated by DEA 120 years of company history 2.1 kg CO2 equivalent per barrel crude oil equivalent (scope 1) Workforce 1,025 employees (annual average of Occupational safety full-time equivalents) 0 lost time injuries per 1 million hours worked (operated) Production 121 kboe per day Diversity 1 woman on the Board of Management (BoM), Economic performance 1 woman on the 1st management level below BoM, € 1,043 MM EBITDAX 14 women on the 2nd management level € 730 MM operating result below BoM (2018) Future perspectives Health rate € 95 MM total expenditure 96.7 % for environmental protection Development of 2P reserves (MM boe) Certificates 800 698 700 667 692 600 575 500 458 400 300 200 100 0 2014 2015 2016 2017 2018 DEA MANAGEMENT SYSTEMS Germany Norway North Africa Occupational Health OHSAS 18001:2007 Mexico Others and Safety Environment DIN EN ISO 14001:2015 Quality DIN EN ISO 9001:2015 Energy* DIN EN ISO 50001:2011 Investments 2018 (€ MM) 948 900 838 Auditierungsnummer Z4-20170531-6058 800 Zertifikat seit 2007 FURTHER CERTIFICATES 670 656 700 610 Safe with system 2020 2020 Zertifikat 600 BG incl. occupational health management* DEA Deutsche Erdoel AG Überseering 40, 22297 Hamburg Family-friendly company* 500 Das Kuratorium der berufundfamilie Service GmbH würdigt das langfristige The German Social Accident Insurance Institution for the Raw Materials and Chemical Industry (Berufsgenossenschaft Rohstoffe und Engagementchemische Industr für eineie - BGfamilien- RCI) hereby und lebensphasenbewusste certifies that Personalpolitik mit der Bestätigung des Zertifikats zum audit berufundfamilie. Im Rahmen des Dialogverfahrens wurde sichergestellt, dass der hohe Compliance DEA DeutscheEntwicklungsstand Erdoel beibehalten AG oder bedarfsgerecht ausgebaut wird. 400 Überseering 40 D-22297 Hamburg meets the requirements of systematic and effective occupational safety and health on the basis of the *only in Germany 300 »Systematic Safety« seal of approval for the industry-specific implementation of 31. Mai 2017 Frankfurt am Main ILO-OSH 2001 200 guidelines on occupational safety and health management systems (International Labour Organization). The assessment also proved that the OHSASProf. 18001:2007 Dr. Dr. Helmut Schneider John-Philip Hammersen 100 guidelines are implemented,Zertifizierungsbeauftragter and that des an Kuratoriums Vorsitzender des Kuratoriums Occupational Health Management berufundfamilie Servicehas GmbH been established.Telefon 069 7171333-0 E INE INITIATIVE DER Hochstraße 49 Telefax 069 7171333-113 GEMEINNÜTZIGEN 60313 Frankfurt am Main www.berufundfamilie.de The investigation on 14th June 2017 was carried out in accordance with the DGUV procedural principles 311-002 for the assessment of 0 „occupational safety and health management systems“. This certificate will remain valid until 13th June 2020. Prevention manager Assessor 2014 2015 2016 2017 2018 Heidelberg, 26th June 2018 Registration number: RCI 2008-0007-R03 GRI 102-7, 102-8, 201-1, 201-2, 305-4, 403-2, 405-1, 405-2 3 Content What we report on sustainability DEA Deutsche Erdoel AG Sustainability Report 2018 / 2019 02 Sustainability figures 04 Company profile 06 Foreword by the CEO 08 Governance 10 Sustainability Mission Statement 12 The UN Sustainable Development Goals and how DEA contributes 16 Sustainability management at DEA 18 Stakeholders and dialogue 24 Compliance 26 Data management 30 Management approaches and management systems 34 Areas of action at DEA 36 Energy, resources, environment and biodiversity 54 Occupational health and safety and security 70 Employees 80 Digitalisation 86 Social commitment 90 About this report 92 Index of selected sustainability standards 96 UN Global Compact Progress Report 2019 96 Glossary / Contacts and imprint 4 Company profile Company profile Who we are and what we do DEA is an international oil and gas company based in Hamburg, Germany. Our main objective is the production of hydrocarbons. We aim to increase production in a safe, environmentally sound and sustainable manner through operational excellence. DEA has more than 120 years of experience as an operator and project partner along the entire value chain of the upstream business. Our core production countries in which we conduct development projects are Germany, Norway, Denmark, Egypt, Algeria and Mexico. DEA IS BOTH AN OPERATOR and an active partner in Five values constitute the foundations of our corporate national and international joint ventures, and covers the culture at DEA: ‘Safety & Environment’, ‘Ethics & Sustaina- entire value chain from the exploration and development to bility’, ‘Employees’, ‘Entrepreneurship’ and ‘Excellence’. These the production of hydrocarbons. These hydrocarbons are values guide all DEA employees in their decision-making, sold directly to our customers as commodities in bilateral behaviours and action. Internally, they describe what we contracts or traded on the global markets. demand of ourselves with regard to our activities and in our dealings with one another. Externally, they foster the reputation and credibility of DEA in the public eye. DEA values Safety & Excellence Employees Ethics & Entrepreneurship Environment Sustainability GRI Company profile 5 Production sites (2019) 2.5 Total production 28.0 26.5 per region in % (2018) Norway Germany / Denmark Norway Denmark 43.0 North Africa Mexico Germany Algeria Libya Egypt Mexico Production Rio de Janeiro Development and/or exploration project Representative office Sustainability is also integrated into our daily activities. This Management consists of Maria Moræus Hanssen (CEO), begins with the assessment of political and general security Dmitry Avdeev (Finance) and Dirk Warzecha (Operations). in the acquisition of licences in different regions of the world and continues in studies during the exploration and DEA is a member of the German Federal Association of development of a field. Sustainability aspects are also Natural Gas, Crude Oil and Geothermal Energy Producers incorporated throughout the entire production phase and (BVEG) and the International Association of Oil & Gas ultimately accompany the process of rehabilitating sites Producers (IOGP). after production has finished. LetterOne has signed a letter of intent with BASF regard- In 2018, DEA produced 121 thousand barrels (159 l) of oil ing the merger of their subsidiaries in the oil and gas equivalent per day and generated external sales of business, Wintershall and DEA respectively. The new € 1,892 MM. At the end of 2018, total assets amounted to company operates under the name of Wintershall DEA. By € 6,994 MM, with € 1,840 MM equity and € 5,154 MM merging the two German companies, the shareholders are borrowed capital. The average number of employees at laying the foundations for further profitable growth, DEA in 2018 was 1,025 full-time equivalents. optimising the portfolio of the combined business and achieving synergies. Wintershall DEA has significant The parent company of the DEA Group is DEA Deutsche growth potential and is now the largest independent Erdoel AG, based in Hamburg, Germany. DEA is a subsidiary European exploration and production company. of the L1E Finance GmbH & Co. KG Group (L1E Finance Group), based in London. The Chairman of the Supervisory Board is Lord John Browne of Madingley. The Board of 102-2, 102-3, 102-4, 102-5, 102-6, 102-7, 102-13, 201-1 GRI 6 Foreword by the CEO Foreword by the CEO Why we do what we do DEAR READERS, Last year, the 16-year-old Swedish girl, Greta Thunberg, with their adverse impact on the climate – used in areas began playing truant every Friday in favour of climate such as power generation, heating and mobility. For protection. Meanwhile, tens of thousands of schoolchildren instance, CO2 emissions decline purely by reducing the throughout Europe are demonstrating on a regular basis. consumption of coal, but this is not enough to achieve the The world has a climate problem and, in the course of the climate target. If we want to make faster progress, we will climate debate, oil and gas are frequently perceived to be need to do a great deal more. The compulsory use of gas part of the problem. Is there any chance that our upstream still brings enormous untapped potential. business could contribute to a more sustainable economy? The world’s energy supply will continue to change. The answer is yes. Today, our industry is a key element of a Technological progress is making energy from wind and sustainable economy – and can be in the future, too. After solar sources increasingly profitable. Wind and solar all, sustainability can only grow if there is a balanced relation- farms are growing in number and becoming increasingly ship between the ecological, societal and economic aspects sophisticated, while heating is increasingly being used for involved. Our energy supply must find the right mix in a heating, transport, commerce and industry. According to stress field of environmental compatibility on the one hand, forecasts, power consumption will double by 2050, with and a secure and affordable energy supply on the other. We renewable energies expected to generate half the power recall that the demonstrations by yellow jacket-wearers in supply in 2035. France were triggered by the social incompatibility of higher taxes on fossil fuels. Furthermore, on a global scale, a secure Flexible deployment – particularly of gas – however, will and affordable energy supply still ranks a long way ahead of continue to play an important role in the field of energy climate protection in most countries.