Sustainable Development Commitments

The following table contains specific actions ConocoPhillips is taking to integrate our Sustainable Development Commitments into our work. The plans for each of the commitments are meant to highlight one or two key focus areas of work taking place related to each commitment.  

ConocoPhillips' Sustainable Development Commitments ConocoPhillips 2010 Action Plans ConocoPhillips Long-term Direction
Ensure Long Term Viability We will enhance the sustainable development standard for major projects. Enhance our training and integration of sustainable development in business tools and processes, including business development, major projects and ongoing operations.
We will manage spending and capital planning to enable growth and deliver shareholder return. Manage costs and expand margins while growing our proved reserves and investing in new businesses.
Invest in Our Employees We will support the growth of our employee affinity network groups and develop strategic partnerships with external organizations to promote a multicultural work force. Increase promotion and development of diverse talent globally.
Individual employee development goals will be included in annual goal setting. Employees receive meaningful, timely feedback on their performance and professional development and have access to the means to further develop skills and capability.
We will enhance occupational health metrics in order to identify workplace exposures and their potential link to specific health outcomes. We will track and measure workplace exposures, with appropriate trends documented and reported to management, and select key health performance indicators reported externally.
Uphold Highest Ethics We will continue to evaluate and improve ethics training for all employees companywide. Review and assess our ethics processes against other companies to seek out best practices and make improvements where appropriate.
We will enhance country manager human rights awareness with training for high-risk countries. Continuously improve internal guidance for human rights issues.
Be Transparent and Accountable We will continue to expand reporting assurance to cover a broader scope of sustainable development metrics. Align the scope of reporting assurance with key stakeholder expectations.
We will develop company guidance for implementing stakeholder engagement principles. Install systems to support stakeholder engagement companywide.
Minimize Environmental Impact We will understand local water management needs through assessments and develop plans to address freshwater scarcity. Identify existing and develop new water management best practices and technologies to reduce the environmental impact of our water footprint.
We will review specific processes and procedures on evaluating biodiversity in the project development process. Collaborate with appropriate conservation bodies, local communities and experts to expand mutual understanding of managing biodiversity-rich or -vulnerable areas in which ConocoPhillips operates.
We will continue implementation of our corporate Climate Change Action Plan, including assessing business-specific actions. Prepare the company to succeed in a world challenged to reduce greenhouse gas emissions.
Increase availability of ever
cleaner energy
We will continue working with industry, local communities and government to address air, water, land and local communities’ concerns in the planned development of oil sands. Lead in innovation for in-situ production of oil sands.
We will continue investment in research and development for biofuels, including advancing lifecycle analysis methodology. Initiate commercialization of a next generation biofuels technology.
We will sustain resources to actively monitor and assess investment opportunities that meet our criteria in renewable power. Participate in a viable renewable energy business.
Positively Impact our
Communities
We will incorporate the assessment of health issues into our sustainable development scorecard process. Develop a systematic approach to health impact assessments.
We will assess current social investment efforts to identify ways to create better alignment with business and sustainability strategy. Implement a strategic social investment approach at corporate and business levels.
Improve Energy and Material
Efficiency
We will continue energy efficiency improvements in our operations. Develop processes that are less energy and material intensive.
We will build the price of carbon into business evaluations. Incorporate energy and material efficiency more explicitly in project development/value improvement processes.
Operate Safely As part of our overall commitment to safety, we will achieve Occupational Safety and Health Administration’s Voluntary Protection Program STAR status for all U.S. refineries, seven production sites and corporate headquarters. Achieve zero recordable incidents, injuries and illnesses in each business sector in work force safety.
We will drive consistent standards of operations across the business in order to prevent incidents. Continue to conduct regular assessments of the global operations with a special focus on implementing improvements to our Asset and Operating Integrity and Process Safety programs.