ConocoPhillips Issues Statement Clarifying Response to Question in Carbon Disclosure Project Survey

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HOUSTON – ConocoPhillips today issued the following statement regarding its response to a question included in the Carbon Disclosure Project's Climate Change 2015 Information Request, “Would your organization's board of directors support an international agreement between governments on climate change, which seeks to limit global temperature rise to under two degrees Celsius from pre-industrial levels in line with IPCC scenarios such as RCP2.6?”

“The answer that was provided by ConocoPhillips to CDP’s survey was intended to be a two-part response. CDP chose to include only one part of our response in its news release on the report. In hindsight, had we known CDP would only include one part of our answer, we would not have responded with an unqualified ‘yes.’

“ConocoPhillips has asked CDP to remove the ‘yes’ response to question CC2.4.

“We have been clear and consistent that our support of any climate change policy must align with our stated principles, which are accessible here. Our company leadership and board of directors have demonstrated a continued willingness to engage in thoughtful dialogue to address climate change.”


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About ConocoPhillips

ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 25 countries, $32 billion in annualized revenue, $112 billion of total assets, and approximately 18,100 employees as of June 30, 2015. Production, excluding Libya, averaged 1,603 MBOED for the six months ended June 30, 2015, and proved reserves were 8.9 billion BOE as of Dec. 31, 2014. For more information, go to



Daren Beaudo (media)

Sidney J. Bassett (investors)

Vladimir R. dela Cruz (investors)



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