Environmental, Social & Governance

Grounded Principles. Responsible Operations.

At Bakker Resources, Environmental, Social, and Governance (ESG) principles are integral to how we operate — not only in what we produce, but in how we engage, develop, and manage our work. We are a resource company working across geothermal energy, hydrocarbons, and emerging subsurface opportunities such as natural hydrogen & helium.

Our ESG approach reflects the practical realities of these sectors while upholding a commitment to responsible, long-term development.

Environment

Minimising Impact, Maximising Responsibility

We understand the environmental stakes of working with the subsurface. Whether advancing geothermal development or conducting hydrocarbon operations, we are guided by the principle of minimal environmental disruption and strict adherence to environmental standards.

1

Operational Integrity

We operate in compliance with all relevant environmental laws. We apply proven protocols to prevent pollution, minimise land disturbance, and control emissions.

2

Lifecycle Awareness

Our projects are evaluated not only for their immediate utility but for how they may support future uses — including reinjection, carbon storage, or repurposing for other forms of clean energy.

3

Environmental Safeguards

Drawing on experience in remote and complex terrains—such as deserts, steppes, arctic zones, and rainforests—we apply precautionary measures tailored to each operating context to mitigate risk and protect surrounding ecosystems.

Social Engagement

Integrated Approach to Community Collaboration

Social responsibility means maintaining honest, practical relationships with nearby communities and remaining attentive to local perspectives. We work to ensure that our presence supports local goals where possible and reflects an understanding of the people and environments closest to our operations.

1

Local Involvement

Whenever feasible, we contract local service companies and hire regionally, creating value chains that support local development and foster participation

2

Respectful Presence

Operations are adapted to reflect the specific cultural and social context of each site. Our teams are expected to act with awareness, care, and local sensitivity.

3

Constructive Dialogue

We maintain regular, open communication with stakeholders to understand concerns, adapt our approach, and stay responsive to evolving community needs and opportunities throughout the life of a project.

Safety and Discipline

Integrated Practices for Safe, Disciplined Operations

Safety is central in our operations, with integrated practices consistently applied across all phases of work to meet the highest standards. Our teams are well-trained, accountable, and equipped to maintain safe practices while adapting to the specific risks of each project and location.

1

Training and Accountability

All staff receive thorough health and safety training, with clearly defined responsibilities for supervisors and managers to ensure protocols are consistently followed and actively reinforced.

2

Safe by Design

Project planning incorporates health and safety considerations from the very beginning, aiming to eliminate hazards where possible and control risks where necessary.

3

Transparency Drives Improvement

We maintain a workplace culture where safety issues are openly reported and addressed constructively, without delay or obstruction.

Governance

Principled Governance in Action

Our governance principles are based on professionalism, accountability, and transparency. We expect and enforce high standards of ethical conduct from all personnel, from operational teams to executive leadership.

1

Structured Oversight

Decision-making processes are structured and periodically assessed to ensure alignment with company values and stakeholder expectations

2

Commitment to Integrity

Honesty and integrity guide all business dealings. We reject any practice that undermines trust or fairness, whether within the company or in external engagements.

3

Contextual Awareness

We aim to ensure that our business practices respect and adapt to the social and economic fabric of the environments in which we work.