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.
Oxy's sustainability strategy and reporting 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.
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.
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.