Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Sustained reduction in demand for petroleum products
• Increased regulation of hydraulic fracturing or produced water disposal
• Third-party pipeline or facility unavailability
• Commodity price risk
• Climate change legislation and related regulatory initiatives
• Intense competition
• Inability to renew or replace expiring contracts
• Severe weather conditions and natural or man-made disasters
• Loss of key employees
• Operational system failures or cyber security attacks
• Terrorist attacks

Mitigation Strategies

• Increased focus on monitoring long-lived assets, controlling expenses, reviewing capital projects, and controlling headcount
• Risk Governance Policies
• Comprehensive spill response plans
• Commodity derivatives
• Insurance
• Pipeline integrity programs

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather conditions

Transition Risks

• Climate change legislation