Occidental Releases 2020 Climate Report
December 02 2020 - 9:00AM
Occidental (NYSE:OXY) today announced the release of its 2020
Climate Report, which provides a pathway detailing milestones to
achieve its net-zero aspirations. The report, which is available on
oxy.com, also provides an overview of progress on its commitments,
climate-related governance and risk management processes and
systems, planning and execution of climate strategies, and metrics
and targets for reducing greenhouse gas emissions.
“We are leveraging our expertise in carbon
management and storage — with the vision of achieving net-zero in
our operational and energy-use emissions by 2040 and an ambition
for our total emissions inventory by 2050,” said President and CEO
Vicki Hollub. “We will do this through innovation that reduces the
impact of our and others’ operations in ways that benefit and
expand our business.”
About Occidental
Occidental is an international energy company with operations in
the United States, Middle East, Africa and Latin America. We are
one of the largest oil producers in the U.S., including a leading
producer in the Permian and DJ basins, and offshore Gulf of Mexico.
Our midstream and marketing segment provides flow assurance and
maximizes the value of our oil and gas. Our chemical subsidiary
OxyChem manufactures the building blocks for life-enhancing
products. Our Oxy Low Carbon Ventures subsidiary is advancing
leading-edge technologies and business solutions that economically
grow our business while reducing emissions. We are committed to
using our global leadership in carbon dioxide management to advance
a lower-carbon world. Visit oxy.com for more information.
Contacts |
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Media |
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Investors |
Melissa E. Schoeb |
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Jeff Alvarez |
713-366-5615 |
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713-215-7864 |
melissa_schoeb@oxy.com |
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jeff_alvarez@oxy.com |
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