ConocoPhillips

Our Approach to Water

Storage Tanks at Waddell Ranch

​Action Plan

Our Water Action Plan spans from 2014 to 2018, following successful results from our first company-wide water action plan between 2009 and 2013. The plan targets: 

  • Understanding water use and water scarcity
  • Identifying risks and opportunities for reducing our water footprint
  • Improving data management and minimizing water risks through collaboration
  • Engaging with stakeholders, communities and regulators
  • Building capacity through knowledge-sharing and skill development

Water Action Plan graphic
For each of the Action Plan categories, our businesses and functions have committed to specific actions. Along with company-wide and corporate actions, these total 107 actions or projects. The Water Action Plan, which is updated annually, identifies the accountable action owner, specifies the action rationale, identifies the target completion date and lists milestones and progress. Information about our annual performance may be found in our 2016 Sustainability Report

The Action Plan commitments and progress are managed through an integrated governance process. Our Water Issues Working Group, led by a member of the global Sustainable Development Team, is accountable for managing the Action Plan content. The group’s members are onshore and offshore water subject matter experts, advisors, team leads and managers representative of our global exploration and production portfolio.

Our internal Water Network of Excellence is the primary knowledge sharing tool for Issues Working Group members to transfer knowledge, share innovation and best practices and foster collaboration.