3

3.1

Governance structure of the organization, including major committees under the board of directors that are responsible for setting strategy and for oversight of the organization

Follow the link for information about the structure of our Board of Directors

3.2

Percentage of the board of directors that are independent, non-executive directors

Board of Directors

3.3

Process for determining the expertise board members need to guide the strategic direction of the organization, including issues related to environmental and social risks and opportunities

The members of the Board of Directors are appointed by the Shareholders, balancing their interests upon the framework of our Sustainable Development Policy

3.4

Board-level processes for overseeing the organization's identification and management of economic, environmental, and social risks and opportunities

Risk Management

3.5

Linkage between executive compensation and achievement of the organization's financial and non-financial goals (e.g., environmental performance, labour practices)

Compensation is linked to achievement at the corporate, departmental and individual level. Objectives are set based on the three pillars of our Sustainable Development Policy

3.6

Organizational structure and key individuals responsible for oversight, implementation, and audit of economic, environmental, social, and related policies

Executive Team

3.7

Mission and values statements, internally developed codes of conduct or principles, and polices relevant to economic, environmental, and social performance and the status of implementation

The “Buen Conductor” code

3.8

Mechanisms for shareholders to provide recommendations or direction to the board of directors

Shareholders designate the members of the Board of Directors and provide recommendations or direction through Ordinary and Extraordinary Shareholders Meetings. Follow the link for more informations about scheduled meetings

3.9

Basis for identification and selection of major stakeholders

Stakeholder Engagement

3.10

Approaches to stakeholder consultation reported in terms of frequency of consultations by type and by stakeholder group

Stakeholder Engagement - Consultation

3.11

Type of information generated by stakeholder consultations

Stakeholder Engagement – Survey Results

Performance Indicators – Responsibility with Our Stakeholders

3.12

Use of information resulting from stakeholder engagements

Stakeholder Engagement – Survey Results

3.13

Explanation of whether and how the precautionary approach or principle is addressed by the organization

Risk Management

3.14

Externally developed, voluntary economic, environmental, and social charters, sets of principles, or other initiatives to which the organization subscribes or which it endorses

Government

Civil Society and NGO's

Media

3.15

Principal memberships in industry and business associations, and/or national/international advocacy organizations

Follow the link for information about projects with other companies in the hydrocarbon sector

3.16

Policies and/or systems for managing upstream and downstream impacts

Public Consultation for Expansion Projects

3.17

Reporting organization's approach to managing indirect economic, environmental, and social impacts resulting from its activities

Annual Report

3.18

Major decisions during the reporting period regarding the location of, or changes in, operations

Annual Report

3.19

Programs and procedures pertaining to economic, environmental, and social performance

Sustainable Development Framework

3.20

Status of certification pertaining to economic, environmental, and social management systems

Certifications