Our Sustainable Development Process

Fully integrating sustainable development into our business and developing a formalized process is important to our long-term success. This process includes:

• Scoping and prioritizing issues – With the help of our stakeholders, we identify the issues that matter most and may impact our business.
• Developing strategies, goals and plans – Strategies and plans are supported by senior leaders and goals or commitments are incorporated into our regular business processes. These commitments are closely tied to ConocoPhillips’ nine sustainable development commitments.
• Selecting appropriate performance measures – In some cases, we are able to use conventional metrics, such as the Global Reporting Initiative’s G3 Sustainability Reporting Guidelines. In others, we use metrics that can be qualitative or quantitative, depending on the nature of the issue being assessed.
• Monitoring, evaluating and reporting on performance – We update our sustainable development website regularly as new information and data becomes available.
• Obtaining feedback and adapting strategies – We solicit feedback on how we’re doing from our stakeholders, adapt our strategies and modify the way we manage issues, if necessary.