Metrics

Biodiversity

We collect data and information related to species occurrence and sensitive habitats located within or adjacent to our operated assets.¹ We focus on species characterized as at-risk, endangered, rare, significant, threatened or of cultural value, and habitats characterized as sensitive by local regulators or conservation organizations as well as the International Union for the Conservation of Nature (IUCN) I-VI protected areas. Data and information are used to develop metrics related to protected areas, conservation and the IUCN Red List of Threatened Species.

We measure and report the volume of fresh water¹ and non-fresh² water withdrawn, the volume of municipal waste water reused, and the volume of produced water³ that is reused, recycled, disposed or discharged after treatment. The data⁴ is used to estimate our fresh water consumption⁵ intensity and exposure to water stress.⁶ We also collect water forecast data for our annual Long-Range Plan process which enables us to test our portfolio of projects against our water risks to make better-informed strategic decisions.

Exposure to water stress

We use the World Resources Institute Aqueduct Risk Atlas to complete a screening level assessment of our portfolio exposure to water stress. For select assets we also verify the level of water stress using local water supply and demand data for a more detailed understanding. Operated assets located within areas of high baseline water stress in 2024 included parts of the Permian Basin and parts of the Eagle Ford. Overall, 8.2% of our fresh water withdrawal and 10.4% of our freshwater consumption was in regions of high water stress.

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