What is the company's approach to environmental sustainability?
Occidental Petroleum Corporation recognizes the importance of environmental sustainability and is committed to minimizing its environmental impact. We prioritize three key areas to achieve this: reducing greenhouse gas emissions, conserving water resources, and protecting biodiversity. We are actively investing in breakthrough technologies that reduce emissions and energy consumption, such as carbon capture, utilization, and storage (CCUS) projects. Our water conservation efforts include utilizing advanced techniques to decrease freshwater usage, increasing recycling and reclamation, and implementing responsible water management practices. Additionally, we strive to protect biodiversity by prioritizing habitat conservation, minimizing environmental disturbances, and conducting regular environmental impact assessments. We are dedicated to continually improving our environmental performance and working towards a sustainable future.
Answered May 3, 2024
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