Better Health for All

ConocoPhillips' core business of oil and natural gas production has severe, widespread negative health impacts. Its activities led to the release of over 1,300 tons of sulfur dioxide from flaring, causing respiratory health risks

, and a lawsuit linked its fossil fuel usage to environmental changes causing a hyperthermia death . A 2011 oil spill in Bohai Bay also resulted in significant environmental and health risks , with the incident reported 31 days after occurrence, indicating incomplete transparency . The company's greenhouse gas emissions increased by 9% in 2023 to 17.4 million tonnes . ConocoPhillips has incurred $438.5 million in environmental penalties since 2000 , including a $1.2 million penalty for Clean Water Act violations in 2008 . While the company withdrew flaring permit requests in 2024 and recycled over 50% of water in the Permian Basin in 2023 , these efforts are inadequate given the scale of major health-harming externalities. The company co-hosted a Mental Health and Suicide Prevention Summit in 2023 to address high industry suicide rates .

Fair Money & Economic Opportunity

ConocoPhillips is an oil and gas company and does not directly provide financial services such as lending, deposit services, or consumer credit products. Therefore, it does not have customer financial data, loan books, or fee structures to evaluate against the Fair Money & Economic Opportunity value. While the company contributed $12.1 million to charitable causes and $21.7 million to community needs in 2023

, and supported a Small Biz Builder Program for 71 entrepreneurs to access funding through LiftFund , these activities do not constitute direct financial services or inclusion initiatives as defined by the rubric.

Fair Pay & Worker Respect

In 2023, ConocoPhillips reported a workforce total recordable rate of 0.15 per 200,000 hours worked and a lost workday rate of 0.04.

The company emphasizes a comprehensive Human Capital Management strategy, including competitive, performance-based compensation packages and equitable pay practices globally, and offers flexible work schedules, parental leave, and wellness programs. ConocoPhillips also implements comprehensive Health, Safety, and Environment policies, including Life Saving Rules and Safety Leadership Seminars, to maintain a safety-first culture. However, in May 2020, a collective action lawsuit was filed, alleging misclassification of oil and gas workers as independent contractors and non-payment of overtime. In September 2022, a federal judge ruled on an overtime case involving the company with similar allegations.

Fair Trade & Ethical Sourcing

In 2024, ConocoPhillips reported no incidents of child or forced labor.

However, in the same year, a sub-supplier was added to the U.S. Department of Homeland Security's Uyghur Forced Labor Prevention Act (UFLPA) Entity List. , leading to the destruction of relevant components and the sourcing of a new vendor. ConocoPhillips' contracts require suppliers to adhere to all applicable laws, including those related to human trafficking or modern slavery, and to operate consistently with the company's Code of Business Ethics and Conduct. In 2024, the company directed $1,113 million to Indigenous, veteran, minority, women, LGBTQ+, service-disabled, and historically underutilized businesses, plus an additional $1,038 million to small business enterprises in the U.S., out of a total spend of $13.7 billion with contractors. Supplier audit reports from ConocoPhillips or industry bodies are accepted if completed within the past three years.

Honest & Fair Business

ConocoPhillips maintains a comprehensive Code of Business Ethics and Conduct, with 100% of employees completing annual ethics training in 2023.

The company has a detailed whistleblower policy, including a 24-hour, third-party managed, anonymous Ethics HelpLine, and explicitly prohibits retaliation for good faith reporting. While the policy and annual training are in place, its program effectiveness is not publicly measured. The anti-corruption policy prohibits bribery and kickbacks, requires employees to avoid improper interactions with government officials, and mandates seeking guidance from Global Compliance & Ethics. This policy covers all markets but lacks explicit customization for high-risk areas. ConocoPhillips disclosed paying $6.5 billion to foreign governments in 2023, aligning with SEC transparency requirements, but withdrew from the Extractive Industries Transparency Initiative (EITI) after it strengthened requirements for project-level payment disclosure. LRQA Inc. provided independent limited assurance for the company's 2024 disclosures and data for metrics in performance tables.

Kind to Animals

ConocoPhillips is an exploration and production company, and as such, most animal welfare KPIs related to product testing, animal-derived ingredients, or animal agriculture are not applicable. For the 'wildlife_conservation_impact' KPI, the company has supported over 20 million acres in conservation and funded tracking of 400 bird migration routes since 2014.

It partnered on coastal restoration benefiting over 20,000 acres since 2012 and awarded over $17 million to projects conserving over 560,000 acres of wildlife habitat since 2005. The company also relocated a honeybee hive in April 2023 and implemented measures like elevating pipelines for caribou movement in Alaska. However, the Willow oil project, approved in March 2023, is expected to produce 576 million barrels of oil over 30 years, involving up to 199 wells and infrastructure near critical habitats for caribou and migratory birds, posing risks to species like polar bears. ConocoPhillips also sought approval in April 2023 for seismic blasting over 270,000 acres in the Arctic, which can disturb fragile ecosystems. An oil spill in China's Bohai Bay in 2011 led to marine habitat contamination and wildlife harm. Despite this evidence of both positive conservation efforts and significant negative impacts, the rubric's tiers for this KPI are based on a percentage of revenue, which is not provided, preventing a score assignment.

No War, No Weapons

ConocoPhillips commits to respecting human rights consistent with the Universal Declaration of Human Rights and the International Labor Organization Declaration on Fundamental Principles and Rights at Work

, with global compliance and ethics processes periodically audited by internal and external experts. The company has a policy to comply with government sanctions regulations, including prohibitions on transferring funds or importing/exporting items from sanctioned entities and countries , and a process to prevent accepting parts from sanctioned countries. While the company states it does not engage in arms manufacturing or hold military contracts , it has contracts to supply fuel to the Department of Defense and is listed among companies associated with the military-industrial complex through indirect support. ConocoPhillips operates in regions with geopolitical tensions and conflicts, such as Libya's Sirte Basin. In 2021, the company made a $2 million donation for humanitarian assistance to those impacted by the war in Ukraine. Human rights due diligence is conducted , and firearms and weapons are prohibited at the workplace.

Planet-Friendly Business

ConocoPhillips is part of the Pathways Alliance, targeting net-zero emissions in Canada's oil sands by 2050.

The company has also crafted a net-zero roadmap for operational emissions across its business units. It aims to reduce its Scope 1 and Scope 2 GHG emissions intensity by 50-60% by 2030, using a 2016 baseline, and targets near-zero methane emissions intensity by 2030 (1.5 kg CO₂e per BOE). The GHG emissions intensity for 2023 was estimated at 25.3 kg CO₂e/BOE, and methane emissions intensity was 4.8 kg CO₂e/BOE. The company is on track to eliminate routine flaring by the end of 2025, having reduced it by more than 90% since 2021. Over $1 billion has been invested in Carbon Capture and Storage (CCS) technologies, with projects intended to capture up to 5 million metric tons of CO₂ annually. In 2023, $350 million was allocated to emissions reductions and low-carbon opportunities, with an additional $300-400 million planned for 2024, expecting reductions up to 0.8 million tonnes annually. The company is also exploring blue and green hydrogen production.

Respect for Cultures & Communities

ConocoPhillips collaborates with local communities to protect subsistence resources, and no incidents of cultural site disruption have been reported.

The company has not reported any cultural appropriation incidents or cultural incidents/controversies. ConocoPhillips actively engages with Alaska Native communities, supporting educational and cultural programs like Ilisagvik College. In Australia, it developed a Reflect Reconciliation Action Plan, integrating Larrakia culture into community partnerships and working to enhance Aboriginal employment and business opportunities. , In Canada, the company implemented a Sustainable Communities Initiative for indigenous youth and fosters consultation and engagement plans, offering economic benefits. , Its Human Rights Position commits to respecting indigenous peoples' rights and minimizing operational impacts.

Zero Waste & Sustainable Products

ConocoPhillips has implemented several waste reduction initiatives. These include comprehensive recycling programs for materials such as metal, wood, electronics, tires, and aerosols

. The company ceased sending tires from its Kuparuk operations to landfills by recycling them . At its Surmont facility, industry-first technologies are used to convert organic waste into biomass, significantly reducing waste volumes . Additionally, forward osmosis technology is employed to reduce produced water disposal volumes .