Global giving overview

In 2023, ConocoPhillips contributed $12.1 million to extend charitable focus on our signature causes — math education and conservation — while also donating $21.7 million to support local community needs, global humanitarian relief and employee giving programs. An additional $2.3 million supported our university relations grants.

Key to academic and career success, math remains core to our work and is the central focus of our Houston Signature Program. Read more about how we support math education. Wildlife habitat protection continued to be a key emphasis for our Global Signature Program promoting conservation.

Honoring our commitment to be a good neighbor, we invested in communities across our global operations.

• School-aged children in Calgary benefitted from an innovative fire safety education program offered by ConocoPhillips and the Calgary Fire Department. This program uses virtual reality (VR) technology to provide participants with the knowledge and confidence to prevent fires and respond appropriately in emergency situations.

• In Australia, we supported the Dolphin Research Institute’s Two Bays Whale Project, a citizen science initiative aimed at accurately recording sightings of whales within Victorian waters.

• ConocoPhillips China continued its support to address children’s congenital heart disease. Through donations to Tianjin Teda International Cardiovascular Hospital and Children’s Heart Link over the past two decades, more than 630 children with congenital heart disease have received free surgery. Two thousand doctors who received professional training have helped 10,000 more underprivileged children across 16 Chinese provinces.

Read more about how we are creating shared value in communities.

Beyond cash contributions and university relations we invested an additional $27.1 million for contractual contributions, sponsorships, social infrastructure donations, in-kind donations and memberships.

Input and insight from business units are overlaid by uniform global processes and policies to provide:

• Due diligence scrutiny of potential partners.

• Consistent project selection criteria and focus wherever we operate.

• Appropriate audits and document retention.

• Tracking and assessment of performance metrics and impact.

The global charitable investment budget is reviewed annually by the Executive Leadership Team and approved by the Public Policy and Sustainability Committee of the Board.

Alignment with U.N. SDGs

The United Nations (U.N.) General Assembly has adopted 17 Sustainable Development Goals (SDGs) that set the global agenda for equitable, socially inclusive and environmentally sustainable economic development. Our core business of delivering energy to the world contributes directly to:

• Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.
• Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Many of our business and community investment activities support other goals related to education, poverty and good health. Our 2023 global charitable investments supported the following U.N. SDGs:

We are working with Ipieca, the global oil and gas industry association for environmental and social issues, on the role the oil and gas industry can most effectively play to support the achievement of the globally endorsed framework of the U.N. SDGs.