Energy Transition & Environment

We have always taken a long-term approach ? building and operating projects and infrastructure that provide access to safe, reliable and affordable energy to meet today?s customer needs, while planning for the future in a changing world. Enabling decarbonization and reducing the environmental impacts of our own operations and those of our customers are critical to our plans. This includes a comprehensive climate change strategy and a commitment to net-zero emissions by 2050.

Our strategy is to invest in renewable energy, cleaner fuels, energy infrastructure and storage systems, and energy efficiency, while managing carbon credits and offsets. This drives new production and infrastructure projects, but also guides investment in improvements and innovations to existing operations to ensure they remain efficient, dependable and future-ready.�

While we take a global view of the environment and operate internationally, we recognize that energy solutions will be multi-faceted and unique to communities, regions and partners. Our global vision is built on local foundations.�

We take an active role in protecting our shared environment and providing access to secure, reliable, affordable and sustainable energy by:

• Protecting land, water, air and biodiversity across all of our operations. This includes reducing waste, water consumption, air emissions and other impacts to the environment.
• Minimizing and mitigating environmental impacts and continuously monitoring, managing, reporting and improving on environmental performance.
• Incorporating environmental considerations into planning, implementation, operations and maintenance of our business activities.
• Investing in innovative solutions in renewable energy and lower-emitting energy alternatives, including solutions that enable our customers to reduce their GHG emissions.
• Finding ways to reduce energy consumption and use energy efficiently.
• Encouraging long-term, effective and collaborative energy solutions through participation in multi-stakeholder groups.
• Managing climate-related risks and opportunities.