Managing Climate-Related Risks

We recognize that human activity contributes to increased atmospheric greenhouse gas (GHG) concentrations, which can affect the climate. We continue to manage GHG emissions in our operations and to integrate climate change-related activities and goals into our business planning.   

2019 Performance Highlights

  • Established GHG emissions intensity targets for business units.
  • Enhanced the Marginal Abatement Cost Curve (MACC) process, resulting in 50% increase in projects submitted. 
  • Launched Managing Climate-Related Risks report.
  • Developed company-wide performance criteria for compensation beginning in 2020 to measure progress on sustainable development priority risks, including actions taken to achieve the long-term GHG emissions intensity target.