Sustainability
Advancing technologies and business solutions to drive a sustainable future
Strong environmental, social and governance (ESG) performance is central to everything we do and everything we stand for. Our goal is to work toward delivering net-zero products and solutions across our company, our industry and, ultimately, our world.
At Oxy, sustainability is fundamental to our success and reputation as the employer, neighbor and Partner of Choice.®
We are dedicated to safeguarding our employees, benefitting neighboring communities, strengthening regional economies and advancing innovative solutions to global energy and environmental challenges. Our employees drive our commitment to serve as an innovative and sustainable leader in the effort to accelerate the successful transition to a low-carbon world.
Our safety record is exemplary in the oil and gas and chemical industries and in comparison to office-based occupations like stockbrokers and insurance agents. We are committed to constructive engagement with neighbors, non-profit organizations and communities throughout our operations.
Oxy continually evaluates ways that we can integrate sustainability throughout the company, improve our sustainability programs and performance and transparently share our progress with stakeholders.
Four Pillars of Sustainability
Oxy's sustainability reporting and strategy align with the World Economic Forum’s four pillars of Stakeholder Capitalism. Each pillar represents a key focus area as we continue to implement and enhance sustainable business practices and programs.
Principles of Governance
Oxy's governance structure supports our commitment to advancing a lower-carbon world. We hold our leadership accountable with criteria that reflect our company's purpose and strategy, our commitment to ethical behavior in our Code of Business Conduct, and our attention to assessing risk and internal controls. We implement responsible policies and robust management systems to foster and reinforce business practices that are consistently sound, highly principled and transparent.
People
In our fast-paced, competitive industry, we strive to provide safe, supportive and high-quality work environments that reward innovation. Our exemplary safety performance reflects our commitment to protecting the health and safety of the people at our facilities and in the communities where we operate.
Prosperity
We seek to strengthen economies where we operate through our local hiring, investments in our operations and infrastructure, and contributions to non-profit organizations that help communities to develop and thrive. That means taking time to listen to local leaders and neighbors, understand the regions where we operate, and engage in partnerships that address community needs and create economic opportunity and inclusive social development.
By investing our time and resources in programs and initiatives that support the areas surrounding our operations where our employees live and work, we seek to advance our relationships with neighboring communities and promote mutually beneficial outcomes.
Publications
Resources
- HSE & Sustainability Principles
- Annual Report
- Climate Report
- Sustainability Report
- Climate Advocacy and Engagement
- Climate Policy Positions
- CDP Climate Change Questionnaire
- CDP Water Security Questionnaire
- Human Rights Policy Statement
- Annual ESG Data Summary
- 2019-2021 Independent Assurance Statement
- 2022 Independent Assurance Statement
