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Stakeholder Engagement

Seeking mutually beneficial relationships with our stakeholders is one of our CR Guiding Principles, while understanding their needs and concerns also helps us to identify our own CR priorities.

Together with our CR Policy, CR Management System and Guidelines for Stakeholder Management, our Guiding Principles detail our commitment and provide guidance on how we identify, assess and engage with our stakeholder groups.

Diagram showing how we identify, assess and engage with our stakeholder groups

Stakeholder Engagement at Cairn

Within our CRMS we have established guidelines for identifying key stakeholders at a Group level, as well as for each individual project. A Group stakeholder matrix is maintained and regularly reviewed by the Group CR Committee.

Guidance on stakeholder engagement is given by the Group Guidelines for Stakeholder Management. These help all country, asset and project managers to identify and assess stakeholders and develop engagement strategies.

Engagement strategies for every project are defined within Public Consultation and Disclosure Plans (PCDPs). These follow a Group Consultation and Disclosure Plan Framework which is consistent with guidance from the International Finance Corporation (IFC).

A key element of each PCDP is the defining of a clear stakeholder grievance procedure.

In 2009, a new PCDP and a CR Plan were developed for the 3D seismic programme in Bangladesh.

Cairn India, Greenland and Albania also have PCDPs in place while in Tunisia, the PCDP was updated in February 2010 to reflect our drilling programme for the year ahead.