Sustainable Development Leadership Team
The Sustainable Development Leadership Team (SDLT) is comprised of global business unit presidents and functional department heads including Health, Safety and Environment (HSE). Chaired by the global head, Sustainable Development, the SDLT provides consultation and approval for SD focus areas, goals, priorities, action plans and results. Strategic planning, goal-setting, implementation performance and reporting for climate-related risk are reviewed by the SDLT.
Sustainable Development Team
Within Corporate Planning and Development, the SD team is responsible for informing the ELT and board of long-term climate-related risks and opportunities for our business and ensuring that these issues are integrated appropriately into strategic decisions. This includes leading the Climate Change Issues Working Group (CCIWG). The SD group reports to the vice president, Corporate Planning and Development, who reports to the senior vice president, Strategy, Exploration and Technology. The Global Head, Sustainable Development, chairs the SDLT and leads the standing SD agenda item for the PPC.
The SD team works closely with the Environmental Assurance group within HSE to provide environmental metrics for public disclosure. The groups collaborate to ensure that the requisite climate risk tools, processes and procedures are developed and integrated into the company’s HSE Management System.
Each ConocoPhillips business unit is responsible for identifying and monitoring near- and medium-term climate-related risks and opportunities, and integrating sustainability issues, as appropriate, into day-to-day operations, project development and decision-making. They are held accountable through an annual goal-setting process that includes the Climate Change Action Plan and GHG target progress, and they report progress to the ELT.
Subject matter experts from the business units are members of the CCIWG. This internal global cross-functional group meets quarterly to discuss the external context for climate-related risk, including:
- Legislative and regulatory actions.
- Trade association activities.
- Internal activities to address climate-related risks and opportunities, including energy efficiency and emissions reduction projects.
- Developments in emissions reduction technology.
- The outlook for GHG prices that might impact our operations.
- Climate-related long-range planning issues.
The objective is to share key climate-related risk learnings across the company, identify issues and work to resolve them as they arise. The working group also provides input from subject matter experts on processes, procedures and issues prior to review by the SDLT.