About FEEC

Corporate Social Responsibility

Far East Energy is committed to conducting its business lawfully, ethically and in a socially and environmentally responsible manner. We believe exemplary performance in the areas of environmental, health and safety is essential to fulfilling our business goals and meeting the expectations of our stakeholders.

Far East Energy's management team is committed to this philosophy. We expect to achieve excellence in environmental, health and safety performance through the active participation and support of all management, employees and contractors. Our commitment is to integrate the following into all our decisions affecting our operations:

Far East Energy believes that sound environmental, social, health and safety performance is an integral part of our success. We conduct our business with respect and care for our employees, contractors, communities and the environment in which we operate.

IFC Performance Standards

Far East Energy meets international standards set by the International Finance Corporation (IFC) on social and environmental sustainability.

The International Finance Corporation (IFC) released their updated Sustainability Framework. The IFC is the private sector arm of the World Bank Group headquartered in Washington DC. It "fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments."

The IFC's Sustainability Framework — which will become operational in January 2012 — also provides the basis for the Equator Principles which are "a credit risk management framework for determining, assessing and managing environmental and social risk in project finance transactions." These Principles have been adopted by over 70 financial institutions, covering over 70% of international project finance debt in developing countries.

The IFC Performance Standards are:

Operations photo showing a well surrounded by farmland

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