5.13.2008 - 11:10am ET

(CSRwire) May 13, 2008 - The Occidental Petroleum Corporation's 2007 Corporate Social Responsibility Report, released today at: http://www.oxy.com/sr focuses on social responsibility, health, environment and safety (HES) policies, objectives, performance and activities of the company and its subsidiaries (collectively, Oxy).

To improve and expand upon our social responsibility reporting, Oxy adopted six reporting principles to guide structure and content.

• Integration and Alignment. Demonstrate how social responsibility is embedded in our business practices.


• Context. Present performance results in relation to broader social issues important to stakeholders.


• Transparency. Provide clear, understandable, factual information.


• Significance. Address important business issues, impacts and stakeholder questions.


• Credibility. Offer supporting information and examples.


• Address Stakeholder Expectation. Provide meaningful and valuable information to our stakeholders.