Governance and Ethics

ConocoPhillips has a longstanding commitment to comply with the law wherever we operate and to conduct all business activities in accordance with the highest ethical standards. Upholding this commitment is critical for our continued success in the global marketplace. Our governance framework is intended to serve the interests of shareowners and other key stakeholders by maintaining systems that ensure the highest levels of responsibility, integrity and legal compliance across our business. Also, the framework includes oversight of the Code of Business Ethics and Conduct, which sets forth our expectations of directors, employees, contractors and other individuals who represent or work on behalf of ConocoPhillips.

Corporate Governance

Corporate Governance

The ConocoPhillips board of directors oversees the company’s policies, practices and performance.
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Accountability for Sustainability Issues

Accountability for Sustainability Issues

Each of the company’s various businesses are responsible for integrating sustainability issues into day-to-day operations, project development and decision-making, and are held accountable through an annual goal-setting process.
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Integration of Sustainability Commitments Into Business Processes

Integration of Sustainability Commitments into Business Processes

Our global businesses follow specific, well-defined processes that help manage sustainability issues as we begin a new venture, from the initial phases of identifying a potential opportunity through project development and operations.
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Business Ethics

Business Ethics

ConocoPhillips is committed to fostering and supporting exemplary ethical behavior by all employees in all aspects of our business, including influencing high global standards in business ethics.  
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Public Policy

Public Policy

ConocoPhillips’ code of business ethics and conduct regulates our interactions with public officials.  
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Economic Transparency

Economic Transparency

ConocoPhillips endorses the Extractive Industries Transparency Initiative (EITI), which seeks to ensure that revenues paid to governments by companies working in resource-rich countries contribute to sustainable development and poverty reduction.
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Human Rights

Human Rights

ConocoPhillips has adopted a position statement on human rights that includes our intent to conduct business consistent with the human rights philosophy expressed in the Universal Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work.
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Case Studies