Transparency and Responsibility
Even though Sonangol is a state owned company, it manages its subsidiaries according to the standards of privately owned businesses. To achieve its pre-established benchmarks of efficiency and productivity, Sonangol emphasizes the implementation of modern management methodologies that can enable the Group to become more transparent and efficient to the outside world.
Some of the areas under focus are:
- The presentation of all Group companies' financial reports in accord to strict international finance standards.
- The achievement of the company's goals with transparency and responsibility.
- The development of human resources and establishment of a work environment that promotes self-motivation.
- Responsibility and preservation of the environment.
With the entry of national private companies into the oil industry, Sonangol has been increasing its level of expertise and business strategies in order to embrace future competition.