Governance

Effective, efficient, and ethical management

At CoolCo, we are deeply committed to upholding high standards of governance. Our governance framework is designed to ensure the company is managed with professionalism, effectiveness, efficiency, and ethics at its core. This commitment extends across all aspects of our operations, including daily activities, strategic execution, performance monitoring, and risk management.

To gauge our performance and track our progress towards our goals and objectives, we have defined a set of Key Performance Indicators (KPIs) for each of our ESG focus areas. These KPIs serve as vital benchmarks, helping us pinpoint areas that require improvement. Additionally, we have implemented a robust monitoring system that allows us to consistently assess and evaluate our performance against these KPIs, ensuring accountability and transparency.

CHOSEN

carrier of

We aim to be the chosen operator of LNG carriers through flawless collaboration and delivering a first-class professional service.

CLEANER

LNG is a key transition fuel towards a more sustainable future. It’s enabling a move away from burning coal and oil with substantially lower emissions.

SECURE

energy

The supply of LNG is proving to be a consistent and reliable source of energy in our ever-changing world.

Our three values, Caring, Collaborative and Professional, underpin who we are as an organisation and how we deliver our services.

Our values are standards which guide us every day in pursuit of our vision. They are guidelines for our behaviour and are a vital part of our organization’s culture.

Our values are the result of workshops and surveys with fleet and shore colleagues throughout the organization and we’re working to amplify them in the future.

Our values are aligned with our vision and integrated into all our key processes.

CARING

Our primary focus is on prioritizing the needs and well-being of our people and the environment for a safe and sustainable future.

Care for our colleagues is the fundamental building block for establishing a good and safe working environment.

COLLABORATIVE

We thrive by working together to deliver the best results.

We believe the best results are achieved by collaborating as a team towards a shared goal.

PROFESSIONAL

We commit to high standards, deliver on our commitments, and continually strive to be better.

We are a learning organization, with a clear focus on performance. We identify and address risks effectively, whilst maintaining and improving standards across the board.

GOVERNANCE DOCUMENTS

Some of our key policies that outline the rules, guidelines and regulations our employees are required to follow:

CoolCo Code of Business Conduct

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Norwegian Transparency Act and Modern Slavery Act

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