Talos Energy - Sustainability

OUR COMMITMENT

We are committed to transparency and the responsible development of offshore energy resources essential to everyday life.

OUR SUSTAINABILITY PRIORITIES

THE FIVE KEY PILLARS OF OUR CULTURE

THINK AS AN OWNER

EMBODY INTEGRITY & SAFETY

MAINTAIN OPTIONALITY

EMPOWER EACH OTHER

EMBRACE DIVERSITY & INCLUSION

Safety

Safety is Talos’s highest priority and is core to our operational culture. We operate in one of the most technically challenging and uniquely complex environments in the industry, and work to ensure the freedom from risk for all employees, contractors, the environment, and the public.

We require an equal safety commitment from our contractors and vendors working at our facilities. Our contractors are screened by Talos prior to each offshore deployment to ensure compliance with Talos health, safety and environment (HSE) requirements and that they are prepared and fully trained to perform the work they are hired to do.

0.04

SIF Rate 2023

Zero

employee-related TRIR and LTIR 2023

0.45

combined TRIR 2023

LTIR: Last Time Incident Rate

SIF: Serious Injuries and Fatalities

TRIR: Total Recordable Incident Rate

HSE Operating Principles

Every worker has the right to Stop The Job

Carefully Planning and Communicating Each Activity will identify and mitigate jobsite risks

Our operations should be conducted in an Environmentally Sound manner at all times

Compliance with Regulatory Requirements is our non-negotiable license to operate

“Having been with Talos since 2019, initially as a contractor and then as an employee, it's clear to see the company's unwavering commitment to safety and well-being. This commitment extends not just to its employees and contractors but towards the protection of the environment as well. The safety culture at Talos, aimed at ensuring the welfare of our people and the world around us, is something I proudly support. Participating in this culture through rigorous training and keen observation is not only rewarding but feels like a genuine contribution to Talos's ongoing success.”

Quokneeko Robertson, HSE Training and Behavior Specialist

Environment

As a Gulf of America producer, we supply some of the lowest emissions intensity oil and gas to the U.S. Gulf Coast industrial complex. Our large infrastructure position provides the scale necessary to employ measures to reduce emissions on a cost‑effective basis and facilitates lower‑cost subsea tie‑backs.

~13%

reduction of absolute GHG emissions vs 2022 baseline⁽¹⁾

~26%

reduction of Scope 1 GHG emissions intensity vs 2018 baseline⁽²⁾

~56%

reduction of Scope 2 emissions vs 2018(3)

ZERO

offshore hydrocarbon releases > 1 barrel for 5 Consecutive years

~39,320

pounds (~17,835 kg) of waste sent to be recycled

Notes: All data includes EnVen as if owned for full year 2023

(1) Absolute GHG emissions include EnVen and QuarterNorth data as if owned full year of acquisition and baselined to 2022.

(2) Scope 1 GHG emissions intensity includes EnVen and QuarterNorth data as if owned full year of acquisition and baselined to 2018.

(3) Scope 2 reduction noted is historical Talos only assets until 2023. EnVen and QuarterNorth did not calculate Scope 2 emission prior to 2022. 2023 data includes EnVen as if owned a full year.

People

Our primary focus is the safety, health, and well-being of all employees, contractors, partners, and the communities in which we work.

We recognize that human capital management is crucial to Our Success

Our culture guides us in our actions, decisions, and processes to Empower Each Other

Our people are from all backgrounds and various disciplines and help to Create an Inclusive, Innovative and Collaborative Workplace

We look out for each other – every worker has the obligation and the Right to Stop the Job

Community

Talos Energy goes beyond responsibly providing affordable and accessible energy; we believe in coming together to give back to the communities where we live and work

Through our employee-driven Community Committee, we have four main areas of focus: Foster Wellbeing, Advancing Education, Promoting Environmental Stewardship, and Strengthening Communities

Since 2018, Talos has invested more than $2 million in local communities

Talos provides $1,000 annual allowance for every employee to donate to a charitable or community organization of their choice, as well as an annual paid volunteer day

~$755,000

social impact investment 2023

~630

employee volunteer hours 2023

“I take immense pride in being a part of a company that places a high value on giving back to the communities in which we operate. It's a core aspect of our culture. I'm particularly grateful for the chance to lead our employee-driven community committee. This role allows us to collaborate with a variety of organizations consistently, year after year, making a substantial impact in the communities where we live, work and play.”

Eunice Osorio, Senior Geological Technician

Read our Social Impact Report for Talos Mexico Operations in Spanish (link below).

Governance

At Talos, we uphold strong corporate governance principles and have established processes that govern the way we do business. We believe it is our obligation to operate with transparency, integrity, ethics, and accountability.

Sustainability

OUR COMMITMENT

OUR SUSTAINABILITY PRIORITIES

THE FIVE KEY PILLARS OF OUR CULTURE

Safety

Safety

0.04

Zero

0.45

HSE Operating Principles

Environment

Environment

~13%

~26%

~56%

ZERO

~39,320

People

People

Community

Community

~$755,000

~630

Governance

Governance

Governance Documents & Other Policies

BOARD COMMITTEE CHARTERS

Reports

KEY DOCUMENTS

Archived Reports

Contact