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Marathon Oil (NYSE:MRO) Publishes 2012 Corporate Social Responsibility (CSR) Report
Marathon Oil (NYSE:MRO) Publishes 2012 Corporate Social Responsibility (CSR) Report
Published 06-26-13
Issued by Marathon Oil Corporation
Summary
The report provides information on the Company's non-financial performance and its actions to promote greater economic, social and environmental sustainability
Report Highlights
Marathon Oil Corporation (NYSE: MRO) today announced it has published its “Living Our Values 2012 Corporate Social Responsibility (CSR) Report,” which provides information on the Company’s non-financial performance and its actions to promote greater economic, social and environmental sustainability.
The new report reflects Marathon Oil’s first full year as an independent international energy company and continues to highlight the Company’s unwavering commitment to living its long-standing values of health and safety, environmental stewardship, honesty and integrity, corporate citizenship and a high performance team culture.
For the first time, the new report is available in a digital-only format, which allows the Company to expand its reporting. Marathon Oil also has adopted eight corporate-level commitments covering governance, society, environment and the workplace. For each commitment, the report outlines progress made in 2012 and primary activities planned for 2013.
“Our commitment to Marathon Oil’s CSR principles runs deep throughout our entire Company,” said Clarence P. Cazalot Jr., Marathon Oil’s chairman, president and CEO. “Importantly, these elements of our business have been integrated into our day-to-day operations and, in this regard, our local operating teams are responsible for implementing programs to fulfill the commitments, including setting measurable goals to drive improvement. We believe this is the best way to have a positive impact in our communities.”
Marathon Oil values stakeholder opinion and is interested in feedback. To comment on the report please email CSRReport@marathonoil.com or complete our report survey.
Marathon Oil Corporation is an international exploration and production company. Based in Houston, Texas, the Company had net proved reserves at the end of 2012 of 2 billion barrels of oil equivalent in North America, Europe and Africa. The report and other information about Marathon Oil are available on the Company’s website at http://www.marathonoil.com.
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Marathon Oil Corporation
Marathon Oil Corporation
Marathon is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation operations. Marathon has principal operations in the United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. Marathon is the fourth largest United States-based integrated oil company and the nation's fifth largest refiner. Living Our Values guides the Company's approach to managing its business--what it believes in, how it behaves, what it invests in, and the projects and issues it influences and promotes. Marathon's actions, decision and operations must be consistent with the letter and spirit of its commitment to health and safety, environmental stewardship, honesty and integrity corporate citizenship, and a high performance team culture.