Accountability,
Transparency, Strategy
MariEnergies upholds robust corporate governance built on integrity, transparency, and accountability. Rooted in the Companies Act, 2017, and aligned with PSX and global governance standards, our governance framework strengthens sustainability, protects human rights, and upholds the highest standards of responsibility and performance.
Corporate Governance
MariEnergies Limited ensures compliance with all applicable laws, regulations, and corporate governance codes. The Company is governed by the Companies Act, 2017, Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Pakistan Stock Exchange (PSX) Rule Book.
The Company’s governance practices emphasize transparency, accountability, and ethical conduct in all operations. Regular reviews of policies and internal controls ensure robust risk management and long-term value creation for stakeholders.
Ethics & Transparency
MariEnergies is committed to maintaining the highest ethical standards across all levels of its operations. The Company promotes integrity, fairness, and transparency in all business dealings and relationships with stakeholders.
A Code of Conduct is implemented to guide employees, management, and directors in upholding ethical behavior, avoiding conflicts of interest, and ensuring compliance with laws and regulations. Anti-bribery, anti-corruption, and whistleblowing mechanisms are firmly embedded to encourage accountability and reporting of any unethical practices.
Regular trainings, awareness sessions, and compliance reviews ensure that ethical standards are understood, implemented, and continuously improved throughout the organization.
Protection of Human Rights & Child Labor
MariEnergies is fully committed to upholding international human rights standards across all its operations and business relationships. The Company strictly prohibits any form of child labor, forced labor, or discrimination, ensuring safe, fair, and dignified working conditions for all employees and contractors.
Employment policies are designed in line with national labor laws and global best practices, supporting diversity, equal opportunity, and freedom of association. Regular monitoring, supplier due diligence, and employee awareness programs reinforce compliance and ensure ethical labor practices throughout the value chain.
Financial Performance & Reporting
Financial statements are prepared in accordance with the accounting and reporting standards as applicable in Pakistan.
MariEnergies prepares its financial statements in accordance with applicable accounting and reporting standards in Pakistan, including IFRS issued by the IASB and provisions of the Companies Act, 2017. Sustainability-related financial risks are disclosed in line with global frameworks such as GRI 11 (Oil & Gas), SASB, Ipieca, API, IOGP, and the IFRS Sustainability Disclosure Standards (S1 & S2).
The Sustainability Report 2025, developed under AA1000 Principles, ensures transparent and comprehensive reporting of material risks and opportunities.
Stakeholder Management
In alignment with its ESG framework, MariEnergies oversees and facilitates transparent communication of the company’s ESG performance to stakeholders especially investors through the annual sustainability report and other relevant disclosures.
Reflecting its strong governance and stakeholder confidence, shareholder returns increased from 94.2% in 2024 to 115.21% in 2025, demonstrating the company’s consistent value creation and commitment to long-term performance.
Digitization, Data Privacy & Security
MariEnergies prioritizes data security, confidentiality, and digital transformation across its operations. We ensure compliance with data protection laws and implements secure systems to protect employee, customer, and stakeholder information. Moreover, we are actively enhancing cybersecurity infrastructure and employee awareness to safeguard against emerging digital threats.