Marathon Oil Corporation has released its 2009 “Living Our Values” Corporate Social Responsibility Report. The report is available for view at
www.marathon.com/Social_Responsibility/Living_Our_Values_Report.
A major feature of this year’s report is a transition to the well-established Environmental, Social and Governance framework (ESG). Marathon’s report remains rooted in the core corporate values of health and safety, environmental stewardship, honesty and integrity, corporate citizenship and high performance team culture; the report uses the ESG framework to consolidate related topics and streamline the printed report.
More significantly, Marathon articulates 16 broad corporate CSR goals. The report describes the current metrics or status across the reporting framework, lays out the targets, and discusses the corresponding action plans developed to achieve the goals. These include:
Reducing GHG emissions intensity 4 percent by 2013; Improving energy efficiency 5 percent by 2015; Respecting the human rights of all stakeholders and raising awareness of human rights issues across the business; Promoting openness in business dealings and revenue transparency through the EITI process; and Achieving and maintaining top quartile safety performance within the industry.
Expanded online CSR report material is available via Marathon’s website: www.marathon.com/Social_Responsibility/Living_Our_Values_Report
To comment on the report or order a hard copy, please email Marathon at [email protected]. Marathon values stakeholder opinion and is interested in feedback.
Marathon Oil Corporation is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation operations. Headquartered in Houston, Texas, Marathon has principal operations in the U.S., Angola, Canada, Equatorial Guinea, Indonesia, Libya, Norway, Poland and the United Kingdom. Marathon is the fourth largest U.S.-based integrated oil company and the nation's fifth largest refiner. The Company’s retail marketing system is comprised of approximately 6,200 locations in 19 states.
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The company reports 16 broad corporate CSR goals