Talos Energy Inc. - Sustainability

Our Efforts

An unwavering commitment to safety, environmental responsibility, good governance and strong ethical standards is critical to both our success as a company and our social license to operate. We manage highly complex projects in some of the world’s harshest operating conditions, yet maintain a constant focus on our environmental impact, the safety and well-being of our people and our contributions to local communities.

We are proud of our innovation and leadership in providing a secure and responsible energy supply while also rapidly advancing carbon capture projects that will directly reduce global emissions in the future.

Read Our Latest ESG Report

ESG Reports

Environment

COMMITTED TO PROTECTING
THE PLANET

At Talos, we are committed to environmental protection. We strive to safely and responsibly develop energy resources while minimizing our environmental impact. Energy production from the Gulf of Mexico carries one of the lowest emissions footprints of hydrocarbon sources worldwide, making the basin a logical opportunity for reducing the carbon footprint of our current global energy supply mix.

Our Carbon Capture & Sequestration business will play a direct role in large-scale industrial decarbonization efforts in the future, aiming to capture and permanently eliminate CO₂ emissions from industrial partners.

Key Environmental Focus Areas

Emissions Reduction Maintain Biodiversity and Habitats Reducing Water Usage and Waste Energy Reduction

Emissions Reduction

We are actively taking steps to reduce emissions from our operations and have established long-term reduction targets by 2025.

⁽¹⁾ Notes: Talos GHG Intensity based upon AQS/GOADS reporting methods utilizing Talos offshore operated production plus third-party operated wells flowing through Talos production facilities. Scope 1 GHG Intensity reduction targets calculated from 2018 baseline. Emissions reduction benchmarking data per Bloomberg, includes 34 U.S. listed independent Upstream companies.

Maintain Biodiversity and Habitats

We are committed to protecting the diverse ocean and coastal environments where we operate. Through our Safety and Environmental Management System (SEMS), we actively identify and monitor our operations to minimize impacts and ensure full compliance with applicable industry standards and regulations.
0 offshore hydrocarbon releases >1 Bbl in 2021
>50 offshore structures decommissioned since 2015

Reducing Water Usage and Waste

We are focused on reducing water usage and waste from all stages of our operations, conduct regular audits of our progress and maintain compliance with best practices and regulations.
$Talos uses 98% less water than the average hydraulic fracturing of an onshore well$

Energy Reduction

We seek out ways to reduce energy use in our operations through process improvements and equipment optimization

Generator

Safety

STRIVING FOR ZERO INCIDENTS
THROUGH PLANNING, TRAINING
AND EXPERIENCE

Safety is our highest priority and is core to 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 HSE requirements and that they prepared and fully trained to perform the work they are hired to do.

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

Social

A CONSTRUCTIVE PARTNER
WITH ALL OUR STAKEHOLDERS

Our commitment to our employees, our communities and ethical and constructive engagement with all people is steadfast. We are proud to be a positive force for good for all of our stakeholders.

Human Rights Diversity, Equity and Inclusion Our Employees Our Communities

Human Rights

Our Codes of Conduct establish our commitment to human rights as a fundamental part of our responsibilities, and we also expect our business partners to maintain human rights policies and practices consistent with our own. The Talos Human Rights Policy details our commitment to uphold human rights.

Diversity, Equity and Inclusion

We know that a diverse workforce brings expanded creativity, problem-solving, and leads to better decision-making and enhanced performance. Talos is committed to providing equal employment opportunity and maintains active programs to champion diversity and inclusion efforts among our employees as well as our contractors.

Our Employees

Our employees are our most valuable asset. The collective sum of the individual differences, life experiences, knowledge, unique capabilities, and talent that our employees invest in their work represents a significant part of not only our culture and reputation, but our Company’s achievement as well. To help our team members reach their full potential, we invest in their future with competitive pay, training, benefits, and by enabling an entrepreneurial and collaborative culture that fosters innovation and sets us apart from our peers.
Key Initiatives

$1,000 annual allowance for every employee to donate to a charitable or community organization of their choice
Training and career development programs
Voted Top Workplace in Houston nine consecutive years by the Houston Chronicle

Our Communities

We actively support the communities in which we work and live, and we recognize the link between local communities, the success of our employees, and ultimately the success of our business.
An established Talos Community Committee engages directly in outreach, fundraising, education and awareness with stakeholders and the general public.
Key Initiatives

$1,000 annual allowance for every employee to donate to a charitable or community organization of their choice
Company match on employee charitable donations

Read our Social Impact Report for Talos’s Mexico Operations (in Spanish) here.

Governance

ALIGNMENT, OVERSIGHT
AND ACCOUNTABILITY

Our governance practices help promote long-term value, as well as strong Board and management accountability to our shareholders and other stakeholders.

Key Governance Focus Areas

Board Structure & Diversity Ethics & Compliance

Board Structure & Diversity

We strive to optimize the independence, committee structure and policies of our Board of Directors to maximize results for our shareholders.

Ethics & Compliance

As one of the largest independent operators in the Gulf of Mexico, with operations in both the U.S. and Mexico, Ethics and Compliance is one of Talos’s core values. We conduct business with the highest ethical standards and instill a culture of honesty and integrity.

Key Initiatives

Clear policies for conduct, ethics, anti-corruption and bribery
Anonymous Ethics and Compliance Hotline