Our performance

We use key metrics to measure and monitor our performance and progress managing sustainability risks. This data is presented by year or by country and easily downloaded.

Performance by year1

Net Equity Total

METRIC 2020 2021 2022 2023 20242,3 GRI IPIECA SASB
CLIMATE
Net Equity Greenhouse Gas Emissions (thousand tonnes CO2e) 16,700 18,300 18,358 20,070 21,110   CCE-4  
Net Equity GHG intensity (kg CO2e/BOE)4 40.8 32.9 28.9 30.1 29.5 305-4 CCE-4  
Target Related Net Equity Intensity (kg CO2e/BOE)5 40.2 32.4 28.5 29.7 29.0 305-4 CCE-4  

Operated Total6

METRIC 2020 2021 2022 2023 20242,3 GRI IPIECA SASB
CLIMATE AND AIR EMISSIONS
GHG intensity (kg CO2e/BOE)
Total GHG Intensity 34.3 26.9 23.3 25.3 22.4 305-4 CCE-4  
Target Related GHG Intensity 6 33.8 26.6 22.9 24.9 22.0 305-4 CCE-4  
GHGs (thousand tonnes)
CO2 from Operations 13,800 15,900 13,229 13,113 13,146 305-1 CCE-4  
CO2 from Imported Electricity (Scope 2) 700 1,000 1,060 1,001 932 305-2 CCE-4  
Methane (CO2e) 1,600 1,800 1,758 3,298 2,341 305-1 CCE-4  
Nitrous Oxide (CO2e) 100 20 21 21 21 305-1 CCE-4  
Total GHGs (thousand tonnes CO2e) 16,200 18,720 16,068 17,433 16,438   CCE-4  
CO2e Per Dollars of Revenue (tonnes/$thousand)7 0.86 0.41 0.20 0.31 0.30 305-4    
Potential CO2e from Proved Reserves (million tonnes) 1,875 2,525 2,699 2,821 3,260     EM-EP 420a.2
Scope 1 Emissions by Source Category (thousand tonnes CO2e)8
Flaring 1,300 1,900 1,560 2,283 2,184 305-1 CCE-4  
Combustion 12,300 13,800 11,536 11,402 11,683 305-1 CCE-4  
Process Venting 1,500 1,500 1,461 2,599 1,319 305-1 CCE-4 EM-EP 110a.2
Fugitive Venting 200 220 168 147 319 305-1 CCE-4  
Other 9 200 300 282 <1 2 305-1 CCE-4  
Total Scope 1 Emissions 15,500 17,720 15,008 16,432 15,507 305-1 CCE-4 EM-EP 110a.1
Percent of Scope 1 Emissions Covered by Regulation 40% 38% 43% 39% 42%     EM-EP 110a.1
Methane
Methane Intensity (kg CO2e/BOE)8 3.4 2.6 2.6 4.8 3.2   CCE-4  
Methane Emitted as Percent of Natural Gas Production 0.28% 0.23% 0.30% 0.61% 0.34%   CCE-4 EM-EP 110a.1
Methane Emitted as Percent of Total Hydrocarbon Production 0.10% 0.07% 0.07% 0.14% 0.08%   CCE-4 EM-EP 110a.1
Methane Emitted as Percent of Scope 1 Emissions 10% 10% 12% 20% 15%   CCE-4  
Flaring
Routine Flaring Volume (million cubic feet)10 n/a 1,030 111 13 4 305-1 CCE-7  
Total Flaring Volume (million cubic feet)11 14,500 20,500 17,858 21,867 20,171 305-1 CCE-7 EM-EP 110a.2
Flaring Intensity (Total Flaring Volume as Percent of Gas Produced) 1.97% 1.81% 2.39% 3.36% 2.65%      
Flaring Intensity (Total Flaring Volume MMSCF/Total Production MMBOE) 30.8 29.5 25.9 31.8 27.5      
Other Air Emissions (tonnes)
Volatile Organic Compounds (VOCs) 60,800 96,400 98,508 115,587 76,841 305-7 ENV-5 EM-EP 120a.1
Nitrogen Oxides (NOx) 28,200 42,000 48,528 47,682 46,200 305-7 ENV-5 EM-EP 120a.1
Sulfur Oxides (SOx) 2,700 2,900 2,701 2,607 2,947 305-7 ENV-5 EM-EP 120a.1
Particulate Matter (PM) 1,100 1,700 1,978 1,818 1,798 305-7 ENV-5 EM-EP 120a.1
Energy Use (trillion BTUs)
Combustion Energy 179 211 199 197 200      
Imported Electricity 4 6 8 8 8      
Total Energy 183 217 206 205 208 302-1 CCE-6  
Energy Intensity (trillion BTUs/MMBOE) 0.39 0.31 0.30 0.30 0.28 302-3 CCE-6  
ENVIRONMENT
Water
Fresh Water Withdrawn (million cubic meters) 10.6 9.7 9.2 10.5 8.9 303-3 ENV-1 EM-EP 140a.1
Fresh Water Consumed (million cubic meters) 8.5 7.5 7.3 8.5 7.0 303-5 ENV-1 EM-EP 140a.1
Fresh Water Withdrawn in Regions with High Baseline Water Stress 5.0% 17.0% 6.3% 14.7% 8.2% 303-3 ENV-1 EM-EP 140a.1
Fresh Water Consumed in Regions with High Baseline Water Stress 2.0% 20.0% 2.4% 18.3% 10.4% 303-5 ENV-1 EM-EP 140a.1
Non-Fresh Water Withdrawn (million cubic meters) 48.7 55.3 52.6 53.6 47.3 303-3 ENV-1  
Total Produced Water Recycled or Reused (million cubic meters)12 63.8 80.0 74.0 73.6 76.7   ENV-1 EM-EP 140a.2
Municipal Wastewater Reused (million cubic meters) n/a 1.3 1.8 0.5 2.5   ENV-1  
Produced Water Recycled or Reused 67% 48% 49% 46% 46%   ENV-1 EM-EP 140a.2
Produced Water Injected or Disposed 16% 42% 41% 44% 44% 303-4 ENV-2 EM-EP 140a.2
Produced Water Discharged Offshore 17% 10% 10% 11% 10% 303-4 ENV-2 EM-EP 140a.2
Hydrocarbons in Overboard Discharges (tonnes) 124 147 129 129 117   ENV-2 EM-EP 140a.2
Water Intensity
Unconventional Fresh Water Consumption (barrels/BOE EUR) 0.23 0.08 0.06 0.06 0.07   ENV-1  
Conventional Fresh Water Consumption (barrels/BOE) 0.05 0.03 0.03 0.03 0.03   ENV-1  
Biodiversity
Operated Area Overlapping With IUCN Protected Areas 0.24% 0.03% 0.04% 0.03%  0.03% 304-1 ENV-4  
Number of IUCN Protected Areas Near Operated Assets 7 8 10 12 12 304-1 ENV-4  
Contributions to Conservation (thousand acres) n/a n/a n/a n/a 66 304-3 ENV-4  
Voluntary Conservation Agreements (thousand acres) 230 360 470 470 470 304-3 ENV-4  
Number of Operated Assets with IUCN Red List Species 13 12 12 9 9 304-4 ENV-4  
Liquid hydrocarbon spills to the environment13
Number of Spills > 100 Barrels 1 4 2 0 2 306-3 ENV-6 EM-EP 160a.2
Volume of Spills > 100 Barrels (barrels) 100 734 299 0 777 306-3 ENV-6 EM-EP 160a.2
Number of Spills > 1 Barrel 83 178 99 38 34 306-3 ENV-6 EM-EP 160a.2
Volume of Spills > 1 Barrel (barrels) 600 2,194 861 303 1,087 306-3 ENV-6 EM-EP 160a.2
Volume Recovered from Spills > 1 Barrel (barrels) 400 1,410 496 155 528   ENV-6 EM-EP 160a.2
Liquid hydrocarbon spills in the Arctic14
Number of Arctic Spills > 1 Barrel 1 3 1 2 0     EM-EP 160a.2
Volume of Arctic Spills > 1 Barrel (barrels) 2 5 5 7 0     EM-EP 160a.2
Volume Recovered From Arctic Spills > 1 Barrel (barrels) 2 5 5 7 0     EM-EP 160a.2
Wastes (tonnes)15,16
Hazardous Wastes 28,200 23,000 78,600 107,611 227,523 306-3 ENV-7  
Nonhazardous Wastes 159,400 213,200 322,489 1,352,155 762,507 306-3 ENV-7  
Recycled Wastes 107,500 191,700 265,508 38,075 45,467 306-4 ENV-7  
Total Waste Generated 295,100 427,900 666,596 1,497,841 1,035,497 306-3 ENV-7  
Waste Disposed 187,600 236,200 401,088 1,459,766 990,030 306-3 ENV-7  
SAFETY17
Safety (rate per 200,000 hours worked)
Workforce Fatalities 0 0 0 1 1 403-9 SHS-3 EM-EP 320a.1
Workforce Total Recordable Rate 0.12 0.15 0.14 0.17 0.15 403-9   EM-EP 320a.1
Workforce Lost Workday Rate 0.04 0.04 0.04 0.04 0.05      
Employee Total Recordable Rate 0.09 0.14 0.12 0.19 0.11 403-9-a-iii SHS-3  
Employee Lost Workday Rate 0.02 0.05 0.06 0.05 0.04   SHS-3  
Contractor Total Recordable Rate 0.13 0.16 0.14 0.16 0.16 403-9-b-iii SHS-3  
Contractor Lost Workday Rate 0.04 0.04 0.04 0.04 0.05   SHS-3  
Process safety (rate per 200,000 hours worked by operations)
Tier 1 Process Safety Event Rate18 0.03 0.09 0.05 0.04 0.05   SHS-6 EM-EP 540a.1
SOCIAL19
Economic contribution
Payments to Vendors and Suppliers ($ billion)20 7.3 7.9 10.9 12.5 13.7      
Shareholder Dividends ($ billion) 1.8 2.4 5.7 5.6 3.6      
Capital Investments ($ billion) 4.7 5.3 10.2 11.2 12.1      
Cash Contributions ($ million) 31.3 33.6 33.9 33.8 42.7   SOC-13  
Global workforce
Employees at Year-End21 9,700 9,900 9,500 9,900 11,800 2-7-a SOC-5  
Part-Time Employees 1.0% 0.9% 0.7% 0.6% 0.6% 2-7-b SOC-5  
Employees — Women 27% 26% 27% 27% 27% 405-1-b-i SOC-5  
Employees — Men 73% 74% 73% 73% 73% 405-1-b-i SOC-5  
All Leadership — Women 23% 25% 26% 26% 26% 2-7-a SOC-5  
All Leadership — Men 77% 75% 74% 74% 74% 2-7-a SOC-5  
Top Leadership — Women 19% 22% 25% 26% 26% 2-7-a SOC-5  
Top Leadership — Men 81% 78% 75% 74% 74% 2-7-a SOC-5  
Junior Leadership — Women 24% 25% 26% 26% 26% 2-7-a SOC-5  
Junior Leadership — Men 76% 75% 74% 74% 74% 2-7-a SOC-5  
Professional — Women 29% 29% 30% 30% 31% 2-7-a SOC-5  
Professional — Men 71% 71% 70% 70% 69% 2-7-a SOC-5  
Petrotechnical — Women 20% 20% 21% 21% 22% 2-7-a SOC-5  
Petrotechnical — Men 80% 80% 79% 79% 78% 2-7-a SOC-5  
Non-U.S. Employees 41% 39% 34% 34% 33%   SOC-5  
All Non-U.S. Leadership 44% 41% 35% 33% 31%   SOC-5  
Non-U.S. Top Leadership 25% 24% 23% 23% 22%   SOC-5  
Non-U.S. Junior Leadership 49% 44% 37% 35% 32%   SOC-5  
Avg. Years of Service 11.9 11.3 10.9 10.9 10.6   SOC-5  
Avg. Years of Experience 17.9 17.5 17.5 17.9 18.0   SOC-5  
Employees by Age Group             SOC-5  
Under 30 8% 8% 8% 7% 8% 405-1-b-ii SOC-5  
30 - 50 60% 62% 62% 61% 62% 405-1-b-ii SOC-5  
51+ 33% 30% 31% 31% 31% 405-1-b-ii SOC-5  
U.S. workforce demographics22
Employees — POC23 25% 28% 30% 32% 33% 405-1-b-iii SOC-5  
Employees — White 75% 72% 70% 68% 67% 405-1-b-iii SOC-5  
All Leadership — POC 19% 21% 23% 24% 25% 405-1-b-iii SOC-5  
All Leadership — White 81% 79% 77% 76% 75% 405-1-b-iii SOC-5  
Top Leadership — POC 13% 15% 18% 18% 19% 405-1-b-iii SOC-5  
Top Leadership — White 87% 85% 82% 82% 81% 405-1-b-iii SOC-5  
Junior Leadership — POC 22% 23% 25% 26% 26% 405-1-b-iii SOC-5  
Junior Leadership — White 78% 77% 75% 74% 74% 405-1-b-iii SOC-5  
Professional — POC 24% 26% 28% 30% 31% 405-1-b-iii SOC-5  
Professional — White 76% 74% 72% 70% 69% 405-1-b-iii SOC-5  
Employees covered by a collective bargaining agreement 4% 4% 4% 4% 3% 2-30-a SOC-5  
Veterans 6% 6% 6% 6% 6% 405-1-b-iii SOC-5  
Employees with disabilities 5% 5% 5% 5% 5% 405-1-b-iii SOC-5  
U.S. Employees by race/ethnicity and gender
White Women 21.2% 20.0% 19.9% 19.0% 18.3% 405-1-b-iii SOC-5  
White Men 54.0% 51.8% 49.9% 49.2% 48.8% 405-1-b-iii SOC-5  
Hispanic or Latino Women 2.6% 3.0% 3.6% 3.9% 4.3% 405-1-b-iii SOC-5  
Hispanic or Latino Men 7.8% 11.7% 12.0% 12.4% 12.9% 405-1-b-iii SOC-5  
Asian Women 2.0% 1.9% 2.1% 2.1% 2.4% 405-1-b-iii SOC-5  
Asian Men 4.7% 4.2% 4.3% 4.5% 4.6% 405-1-b-iii SOC-5  
Black or African American Women 1.8% 1.6% 1.7% 1.8% 2.0% 405-1-b-iii SOC-5  
Black or African American Men 2.3% 2.2% 2.5% 2.6% 2.6% 405-1-b-iii SOC-5  
American Indian or Alaska Native Women 0.9% 0.9% 1.0% 1.1% 0.9% 405-1-b-iii SOC-5  
American Indian or Alaska Native Men 1.6% 1.3% 1.4% 1.5% 1.4% 405-1-b-iii SOC-5  
Native Hawaiian or Pacific Islander Women 0.1% 0.1% 0.1% 0.1% 0.1% 405-1-b-iii SOC-5  
Native Hawaiian or Pacific Islander Men 0.2% 0.1% 0.1% 0.1% 0.1% 405-1-b-iii SOC-5  
Two+ races Women 0.3% 0.4% 0.5% 0.6% 0.6% 405-1-b-iii SOC-5  
Two+ races Men 0.5% 0.5% 0.9% 1.1% 1.0% 405-1-b-iii SOC-5  
Hiring (global unless identified as U.S.)
University Hires 25% 10% 8% 8% 12% 401-1 SOC-15  
Hiring — Women 29% 23% 29% 27% 25% 401-1 SOC-15  
Hiring — Men 71% 77% 71% 73% 75% 401-1 SOC-15  
U.S. Hiring
Hiring — POC 28% 35% 41% 41% 41% 401-1 SOC-15  
Hiring — White 72% 65% 59% 59% 59% 401-1 SOC-15  
U.S. Hiring by race/ethnicity
White 71.7% 63.1% 59.2% 59.1% 58.9% 401-1 SOC-15  
Hispanic or Latino 10.4% 21.9% 21.2% 21.8% 25.9% 401-1 SOC-15  
Asian 8.0% 5.3% 6.8% 7.5% 5.8% 401-1 SOC-15  
Black or African American 6.0% 5.0% 7.4% 6.5% 5.3% 401-1 SOC-15  
American Indian or Alaska Native 2.0% 0.8% 2.2% 2.5% 2.1% 401-1 SOC-15  
Native Hawaiian or Pacific Islander 0.4% 0.3% 0.5% 0.2% 0.3% 401-1 SOC-15  
Two+ races 1.6% 2.1% 2.4% 2.5% 1.7% 401-1 SOC-15  
Undisclosed 0.0% 1.6% 0.5% 0.0% 0.0% 401-1 SOC-15  
External hire acceptance rate             SOC-15  
University hire acceptance (U.S.) 85% 81% 70% 73% 75% 401-1 SOC-15  
Interns acceptance (U.S.) 74% 76% 68% 71% 74% 401-1 SOC-15  
Conversions from interns to hires 91% 82% 77% 82% 82% 401-1 SOC-15  
Interns — POC 36% 38% 40% 46% 44% 401-1 SOC-15  
Interns — White 64% 62% 60% 54% 56% 401-1 SOC-15  
Attrition Rate
Total Attrition Rate 5.3% 14.5% 13.1% 4.9% 4.3% 401-1 SOC-6  
Voluntary Attrition 3.0% 5.0% 5.6% 3.9% 3.6% 401-1 SOC-6  
Voluntary Attrition — Women 2.8% 5.3% 5.0% 4.2% 3.7% 401-1 SOC-6  
Voluntary Attrition — Men 3.1% 4.9% 5.9% 3.9% 3.5% 401-1 SOC-6  
Voluntary Attrition — U.S. POC 2.9% 4.8% 5.7% 3.1% 2.5% 401-1 SOC-6  
U.S. Voluntary Attrition by race/ethnicity
White 3.7% 6.8% 6.7% 4.6% 4.1% 401-1 SOC-6  
Hispanic or Latino 2.2% 5.2% 4.7% 3.5% 2.7% 401-1 SOC-6  
Asian 4.1% 2.9% 6.7% 3.1% 3.0% 401-1 SOC-6  
Black or African American 4.2% 4.0% 6.9% 3.6% 1.3% 401-1 SOC-6  
American Indian or Alaska Native 1.4% 7.8% 6.5% 1.2% 2.9% 401-1 SOC-6  
Native Hawaiian or Pacific Islander 0.0% 6.7% 0.0% 6.6% 0.0% 401-1 SOC-6  
Two+ races 0.0% 7.3% 7.3% 1.9% 1.7% 401-1 SOC-6  
Voluntary attrition less than 5 years of tenure 2.5% 8.4% 7.6% 4.7% 3.8% 401-1 SOC-6  
Training and development
Training of petrotechnical employees (Hours of training/employee) 27.1 21.5 23.1 28.5 20.2 404-2 SOC-7  
Average spent on training per employee (in dollars) $948 $889 $1,071 $1,043 $1,050   SOC-7  
GOVERNANCE
Board24
Independent Members 92% 80% 86% 83% 83%      
Women 31% 27% 29% 17% 25% 405-1-a-i    
Men 69% 73% 71% 83% 75% 405-1-a-i    
EXPLORATION AND PRODUCTION
Average daily net production25
Crude oil (MBD) 568 829 898 936 982     EM-EP 000.A
NGL (MBD) 105 142 252 287 312     EM-EP 000.A
Bitumen (MBD) 55 69 66 81 122     EM-EP 000.A
Natural gas (MMCFD) 2,394 3,162 3,130 3,135 3,433     EM-EP 000.A
Total (MBOED) 1,127 1,567 1,738 1,826 1,987     EM-EP 000.A
Total Operated Production (MMBOE)26 471 694 688 688 733      
Total Proved Reserves at Year-End (million BOE) 4,459 6,101 6,599 6,758 7,812      
Proved Reserves in Low Transparency Countries27 5.1% 3.6% 3.8% 3.4% 4.5%     EM-EP 510a.1

Notes:

  1. Data does not include heritage Marathon Oil assets unless otherwise noted. ↩
  2. The Global Warming Potential (GWP) values from the Fifth Assessment Report (AR5) of the Intergovernmental Panel on Climate Change (IPCC) were adopted in 2024 to align with most reporting methodologies used in the regions we operate, and in alignment with the GHG Protocol. This adjustment applies exclusively to the metrics for the year 2024 presented in the performance tables, and to our 2016 baseline target year for GHG intensity, as is standard practice, to ensure consistency between base year and future target years. As a result of this adjustment, the company total gross operated GHG emissions changes for the baseline year 2016 have been revised from 26.8 to 27.4 million tonnes of CO2e. Similarly, the values for 2024 have been updated from 16.2 to 16.4 million tonnes of CO2e. ↩
  3. ConocoPhillips began operations of heritage Marathon Oil assets on November 22, 2024. Heritage Marathon Oil emissions data is not included in ConocoPhillips’ total GHG metrics for 2024 due to limited time for data assurance and therefore is presented separately. ↩
  4. The denominator uses net production values reported in the ConocoPhillips Annual Report, which represent the company’s equity share of total production. ↩
  5. GHG intensity target excludes emissions from exploration and transportation services (i.e., Polar Tankers and Global Aviation), which are not directly related to oil or gas production. ↩
  6. Data is based on assets where we have operational control. Environmental data is represented as 100% ownership interest and aligned with financial reporting. To provide the most current and accurate data available, we update previously reported data for prior years as needed. ↩
  7. Scope 1 and Scope 2 emissions divided by sales and other operating revenues. Source: ConocoPhillips Annual Report and is inclusive of heritage Marathon Oil assets. ↩
  8. Includes CO2 from operations, methane (CO2e), nitrous oxide (CO2e). ↩
  9. Includes emissions related to unplanned events/incidents and emissions from Sulfur Hexafluoride. ↩
  10. Routine flaring is defined per the World Bank’s Zero Routine by 2030 initiative. ↩
  11. Total flaring volume represents total hydrocarbon content flared. Nonroutine/safety flaring is included in the total flaring volume. ↩
  12. Includes produced water recycled for production steam generation or hydraulic fracturing and reused for enhanced oil recovery. ↩
  13. The term “environment” refers to the natural environment, including soil, surface water, groundwater and ice covered surfaces. ↩
  14. No spills in this section were deemed as to the environment, per local regulatory requirements. ↩
  15. Regulatory definitions for hazardous and nonhazardous waste vary between countries and jurisdictions. Data is based on country and jurisdictional definitions. ↩
  16. The variance in waste volumes is due primarily to increased well production and an improved methodology to determine waste quantities and the allocation of hazardous and recycled waste in the Canadian and Lower 48 Business Units. ↩
  17. 2024 safety metrics include incidents but do not include work hours November 22, 2024 - December 31, 2024 for heritage Marathon Oil assets. ↩
  18. Rate of process safety events of greater consequence as defined by API 752 and IOGP 456 Standards. ↩
  19. Social metrics reflect full year economic contributions, including heritage Marathon Oil assets following the acquisition. Workforce metrics reflect all employees at year-end, including heritage Marathon Oil employees. ↩
  20. Payments to vendors and suppliers is an estimate based on Production and Operating Expenses and Capital Program. ↩
  21. Employee headcount based on active employees as of December 31, 2024. ↩
  22. U.S. workforce demographics account only for self-reported data. ↩
  23. POC: People of Color (includes ethnic/racial groups defined per the U.S. Census). ↩
  24. As of December 31, 2024. ↩
  25. Production data is average daily net production from continuing operations. Source: ConocoPhillips Annual Report and is inclusive of one month of heritage Marathon Oil assets. ↩
  26. Data is normalized using barrels of oil equivalent (BOE) from production operations, including gas plant liquid production of ethane, propane, butane and condensate and production from third-party gas not accounted for in production operations. For gas production, 6,000 standard cubic feet of gas is assumed to equal one BOE. ↩
  27. In the 20 lowest-ranked countries per Transparency International’s Corruption Perception Index. ↩

REFERENCE: UNITS OF MEASURE

MBD - Thousands of Barrels per Day
MBOED - Thousands of Barrels of Oil Equivalent per Day
MMCFD - Millions of cubic feet per day. Represents quantities available for sale and excludes gas equivalent of natural gas liquids.
MMBTU - Millions of British Thermal Units

Our Performance