In 2017, sustainable development continued to account for 20% of the Executive Directors' annual bonus scorecard, which helps determine the annual bonus for the Executive Directors.
Targets are set each year by the Board’s Remuneration Committee and the outcomes against these targets are reported retrospectively in the Annual Report. The same annual bonus scorecard approach applies to senior management and other employees.
The metrics on sustainable development in 2017 had equal weighting between our safety (10%) and environmental (10%) performance. The safety component covers personal and process safety and the environmental component includes greenhouse gas (GHG) emissions for the first time in three specific business areas: refining, chemical plants and flaring in upstream assets.
In 2017, GHG metrics covered around 60% of direct and energy indirect emissions from our operated portfolio. The GHG metrics in the 2018 scorecard have evolved and coverage has increased to around 90% of operated emissions. The refining and chemicals metrics will be retained and emissions coverage in upstream and midstream will be measured on an intensity basis and expanded beyond flaring.
- Production 12.5%
- LNG liquefaction volumes 12.5%
- Refinery and chemical plant availability 12.5%
- Project delivery 12.5%
- Personal safety 5%
- Process safety 5%
- Refining GHG intensity 4%
- Chemicals GHG intensity 3%
- Upstream flaring 3%
- 20% Sustainable development
- 50% Operational excellence
- 30% Cash flow from operating activities