ConocoPhillips Recognized for 2020 ESG Performance

ConocoPhillips has been included in the Dow Jones Sustainability Index (DJSI) Sustainability Yearbook 2021 and noted as the top U.S. performer in the “Oil & Gas Upstream & Integrated” sector.

“We congratulate ConocoPhillips for achieving a place in The Sustainability Yearbook 2021. With over 7,000 companies assessed, an inclusion in the yearbook is a true statement of corporate sustainability excellence,” Manjit Jus, Global Head of ESG Research, S&P Global.

DJSI benchmarks sustainable best practices for investors, tracking performance by the world's leading companies in terms of environmental, social and governance (ESG) factors. Company scores are based on management of ESG issues including corporate governance, risk management, branding and reputation, climate change mitigation, supply chain standards and labor practices. Our overall score earns us a place on the North American Index for the fourteenth consecutive year.

“Our scores and ratings are important as they go into databases used by investors and financial institutions to compare ESG performance across companies. DJSI raises the bar for performance annually so to be included in the yearbook is a notable accomplishment reflecting a lot of hard work by our businesses and functions,” said ConocoPhillips Vice President of Sustainable Development Lloyd Visser.

Globally, we scored in the 82nd percentile in 2019 and improved to the 88th percentile in 2020, putting us in the top 12% of the Oil & Gas Upstream & Integrated industry sector. ConocoPhillips ranks 8th globally in a universe of 59 companies from similar extractive industries. Our scores have improved year-over-year for the past four years.
Areas of notable improvement include:

  • Supply Chain Management: +30 points
  • Operational Eco-Efficiency: +24 points
  • Risk & Crisis Management: +18 points
  • Social Reporting: +17 points
  • Climate Strategy: +11 points
  • Environmental Reporting: +11 points

Areas targeted for improvement in future reporting include talent attraction and retention and environmental policy and management systems.