Commitment to Sustainability Sets Pacific Rubiales Apart

LONDON, December 5, 2012 /PRNewswire/ --

Pacific Rubiales, one of Latin America's leading oil and gas exploration and production companies, has committed itself to sustainable practices through its accession to the Jantzi Social Index (JSI).

In an interview in the latest edition of World Finance, Corporate Affairs Vice President Federico Restrepo-Solano explains the significance for Pacific Rubiales of being selected to join the JSI and the pride that company takes in its ensuring a strong performance on it.

Set up alongside the Toronto Stock Exchange, the JSI takes information on listed companies on the TSX Composite Index and rates companies on issues such as their sustainable practices and company transparency. The resulting index provides investors with a powerful guide to the companies with the most robust ESG practices.

The decision to open Pacific Rubiales up to such public scrutiny is a bold step but Restrepo-Solano is confident that the company will perform well. As explained in World Finance, the company is certainly making all the right moves. It has devoted a great deal of attention to working with local communities, ensuring that its operations benefit them both economically and environmentally.

Pacific Rubiales is also dedicated to ensuring the self-reliance of communities where it operates, Mr Restrepo-Solano explains. Communities can become economically dependent on the operations of contractors, which can have devastating consequences when they eventually depart. Restrepo-Solano outlines how Pacific Rubiales is working with local government and people to ensure the company's impact is minimal on culture while still delivering benefits.

Read the full interview with Federico Restrepo-Solano and Pacific Rubiales' activities in the November - December edition of World Finance, available now in retailers worldwide.

For more on this story and other news, visit http://www.worldfinance.com

World News Media is a leading publisher of quality financial and business magazines, enjoying a global distribution network that includes subscriber lists of the most prominent and senior decision-makers around the world, as well as comprehensive airport, hotel and conference site distribution.