Finding and producing oil and natural gas in a manner that promotes economic growth, a healthy environment and vibrant communities is what we do at ConocoPhillips. From the great plains of America’s Midwest, to Alaska’s icy North Slope, our accomplishments are detailed in the 2016 Sustainability Report. It provides the complete picture of our efforts across the sustainable development spectrum of economic, social and environmental issues and offers insight into how we integrate sustainability into our operations across the globe.
Our sustainability reporting focuses on environmental, social and governance (ESG) issues that matter to our business and our stakeholders. To select content for our 2016 sustainability reporting, we used a process involving:
- Identification: Through meetings and discussions with key stakeholders, we identified and gained an under¬standing of important topics. We also received feedback on our 2015 report and considered international reporting guidelines and rating agency survey questions. This was aligned with topics important to our business strategy to develop a comprehensive list.
- Prioritization: Subject matter experts from key functions in our organization then provided further insight and prioritized topics based on level of interest or concern to key stakeholders and strategic importance to the company. We validated these priorities in our ongoing engagements with external stakeholders.
- Final Prioritization: Topics with the highest priority (as shown in the matrix below) were included in the annual sustainability report and lower priority issues are covered less comprehensively. Foundational information with additional details are also on the website. Our Annual Report and financial reporting also include environmental and social risks when they reach a “material” level as defined by regulatory requirements. Information about issues deemed material to our investors may be found in our Security and Exchange Commission (SEC) filings.
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