Headquartered in Houston, Texas, ConocoPhillips (CP) had operations and activities in 15 countries, $84 billion of total assets, and approximately 10,300 employees on March 31, 2021. ConocoPhillips is focused on sustainably meeting energy demand, while creating lasting value for employees, communities, and shareholders. Even before their first Sustainable Development Report was published in 2005, CP had implemented a process to identify and manage environmental and social issues and assess performance. CP published its first sustainable development (SD) position and climate change position in 2003. Since that time, CP has updated those positions and developed positions on water, biodiversity, human rights, and diversity and inclusion.
CP is working with TxN on initiatives in the Eagle Ford Shale and Permian Basin. Stay tuned for further details!
2020 Performance Highlights
- Adopted a Paris-aligned climate-related risk framework with an ambition to become a net-zero company for operational emissions by 2050.
- Elevated global head, Sustainable Development to vice president, Sustainable Development reporting directly to the senior vice president, Strategy and Technology.
- Provided two virtual programs to employees featuring discussions from top leaders on key sustainability topics to further position the company to deliver ESG performance through functional excellence and assured management of SD risks.