Recognition Honors Companies Demonstrating
Business Integrity Through Best-In-Class Ethics, Compliance, And
Governance Practices
CALGARY,
AB, March 13, 2023 /CNW/ - Frontera Energy
Corporation (TSX: FEC) ("Frontera" or the "Company")
has been recognized by Ethisphere, a global leader in defining and
advancing the standards of ethical business practices, as one of
the 2023 World's Most Ethical Companies ("WMEC").
Frontera has been recognized for the third time since 2021 and
is one of only two honourees in the oil and gas industry. In 2023,
135 honourees were recognized spanning 19 countries and 48
industries.
Orlando Cabrales, Chief
Executive Officer, Frontera commented:
"At Frontera we strive to excel in our operations, ensuring
we always act with integrity, responsibly towards the environment,
mindful of the safety of our people and the well-being of the
communities we impact. We think good business requires
sustainability for all our stakeholders."
Luz María Zea, Chief Compliance Officer, Frontera
commented:
"Being recognized by Ethisphere as one of 2023 WMEC's makes
us proud and motivates us to further our commitment to integrity
and sustainability. We believe we have the opportunity and the
responsibility of being an integrity influencer."
Erica Salmon Byrne, Ethisphere
CEO commented:
"Ethics matters. Organizations that commit to business
integrity through robust programs and practices not only elevate
standards and expectations for all, but also have better long-term
performance. We continue to be inspired by the World's Most Ethical
Companies honorees and their dedication to making real impact for
their stakeholders and displaying exemplary values-based
leadership. Congratulations to Frontera for earning a place in the
World's Most Ethical Companies community."
Ethics & Performance
According to Ethisphere's Ethics Index, the listed 2023 World's
Most Ethical Companies honourees outperformed a comparable index of
large cap companies by 13.6 percentage points from January 2018 to January
2023.
Methodology &
Scoring
Grounded in Ethisphere's proprietary Ethics Quotient®, the
World's Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity, and
initiatives that support a strong value chain. The process serves
as an operating framework to capture and codify the leading
practices of organizations across industries and around the
globe.
Honorees
To view the full list of this year's honorees, please visit the
World's Most Ethical Companies website, at
https://worldsmostethicalcompanies.com/honorees.
About Ethisphere
Ethisphere is the global leader in defining and advancing
the standards of ethical business practices that fuel corporate
character, marketplace trust, and business success. Ethisphere has
deep expertise in measuring and defining core ethics standards
using data-driven insights that help companies enhance corporate
character. Ethisphere honors superior achievement through its
World's Most Ethical Companies® recognition program, provides a
community of industry experts with the Business Ethics Leadership
Alliance (BELA), and showcases trends and best practices in ethics
with Ethisphere Magazine. Ethisphere also helps to advance
business performance through data-driven assessments, guidance, and
benchmarking against its unparalleled data: the Culture Quotient
dataset focused on ethical culture and featuring the responses of
2+ million employees around the world; and the Ethics Quotient
dataset, featuring 200+ data points highlighting the ethics,
compliance, social, and governance practices of the World's Most
Ethical Companies. For more information, visit
https://ethisphere.com.
About Frontera
Frontera Energy Corporation is a Canadian public company
involved in the exploration, development, production,
transportation, storage and sale of oil and natural gas in
South America, including related
investments in both upstream and midstream facilities. The Company
has a diversified portfolio of assets with interests in 31
exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in
Colombia. Frontera is committed to
conducting business safely and in a socially, environmentally and
ethically responsible manner.
If you would like to receive News Releases via email as soon as
they are published, please subscribe here:
http://fronteraenergy.mediaroom.com/subscribe.
Corporate Presentation
See Frontera's corporate
presentations at:
https://www.fronteraenergy.ca/reports-presentations/
Social Media
Follow Frontera Energy social media channels at the following
links:
Twitter: https://twitter.com/fronteraenergy?lang=en
Facebook: https://es-la.facebook.com/FronteraEnergy/
LinkedIn: https://co.linkedin.com/company/frontera-energy-corp.
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content:https://www.prnewswire.com/news-releases/ethisphere-names-frontera-energy-as-one-of-the-2023-worlds-most-ethical-companies-for-the-third-time-301769996.html
SOURCE Frontera Energy Corporation