Sustainable development governance

We have a comprehensive governance framework that integrates sustainability risks and trends into our business strategy and decision-making processes with the goal of safely and responsibly finding and delivering energy to the world. We are committed to sustainable development (SD) across our diverse portfolio and have incorporated environmental and social-related risks into our planning for decades. Our commitment to integrating sustainability is demonstrated through:

• Planning for the net-zero energy transition and managing climate-related risks.
• Proactively implementing mitigation actions and conservation efforts related to nature-related risks, impacts, dependencies and opportunities.

• Ensuring safe operations and creating shared value for neighboring communities.

• Attracting and retaining a world-class workforce. 

• Prioritizing the safety, health and security of our workforce and the communities where we operate.

We continue to be guided by our Triple Mandate to reliably and responsibly meet demand, deliver competitive returns on and of capital and achieve our net-zero operational emissions ambition.

In line with our broader approach to risk management, we integrate sustainability risks and trends into our decision making using a combination of strategic planning processes and risk management tools. Our approach includes continuous improvement and internal assurance.

The graphic to the left illustrates the interrelated nature of our sustainability oversight.

Our comprehensive governance framework is designed to evaluate risks through a sustainability lens and manage related risks and opportunities, incorporating input from the Board of Directors Public Policy and Sustainability Committee, the Executive Leadership Team, senior management and internal subject matter experts. The overarching corporate governance element is addressed in the Investors section.