Climate Change Data

ONEOK, Inc.

Climate Impact & Sustainability Data (2017, 2023-2024)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:52.5 million metric tons of CO2e
Scope 1 Emissions:2.9 million metric tons of CO2e
Scope 2 Emissions:2.1 million metric tons of CO2e
Scope 3 Emissions:49.6 million metric tons of CO2e
Renewable Energy Share:10 to 50% of energy consumption from renewables (wind and solar)
Total Energy Consumption:3.6 billion kilowatt hours
Water Consumption:8,116,300 fewer gallons at Conway Storage facility compared to 2016
Waste Generated:1,427,967 pounds of scrap metal recycled; 1,585,878 pounds of construction materials recycled
Carbon Intensity:Decreasing GHG throughput intensity

ESG Focus Areas

  • Environment, Safety, and Health (ESH)
  • Diversity and Inclusion
  • Corporate Governance

Environmental Achievements

  • Decreased flaring of natural gas in the Williston Basin to 10.5 percent in December 2017 from 35 percent in February 2014.
  • Reported an Agency Reportable Environmental Event Metric Rate (AREER) of 1.23, a more than 5 percent improvement compared with 2016.
  • Restored the habitats of more than 2,500 acres of land affected during large capital construction projects.
  • Conway, Kansas NGL storage facility reduced total water usage by 59 percent and emitted 75 fewer tons of VOCs compared with 2016.
  • Overland Pass Pipeline delivery station reduced Greenhouse Gas emissions by 95 percent compared with 2016.

Social Achievements

  • Ranked in the top 20 percent of companies in the U.S. and Canada energy sector Carbon Disclosure Project rankings.
  • Human Rights Campaign awarded ONEOK with a Corporate Equality Index score of 95 out of 100.
  • Tulsa Regional Chamber named ONEOK a Top Inclusive Workplace.
  • Supported more than 15 D&I-related community events and sponsored a STEM education program in five schools.

Governance Achievements

  • Maintained strong corporate governance practices that promote and protect the long-term interests of investors.
  • Achieved 100 percent employee acknowledgement of the Code of Business Conduct and Ethics.
  • Introduced an automated conflict of interest request for determination process.
  • Implemented Anti-Corruption Program Enhancements.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • AREER target of 1.11

Environmental Challenges

  • Increasing stakeholder expectations for safe and environmentally responsible operations.
  • Meeting targets for reducing the number of AREER events and environmental impacts.
  • Managing risks associated with process, procedure, or equipment changes.
Mitigation Strategies
  • Created a new, independent ESH organization.
  • Implemented an ESH Assessment Program.
  • Conducted a Safety and Health Capability Review.
  • Implemented electronic work permits and automated Management of Change (MOC) procedures.
  • Created an internal energy management program.
  • Implemented load-shedding techniques.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Newsweek’s Green Rankings (3rd in midstream energy sector)
  • Kansas Department of Health and Environment’s Pollution Prevention Award
  • Environmental Federation of Oklahoma’s Environmental Excellence Award
  • Human Rights Campaign’s Corporate Equality Index (95/100)
  • Tulsa Regional Chamber’s Inclusive Workplaces Award

Reporting Period: 2023-2024

Environmental Metrics

Total Carbon Emissions:7.1 MMT CO2e (2023)
Scope 1 Emissions:3.3 MMT CO2e (2023)
Scope 2 Emissions:3.1 MMT CO2e (2023)
Scope 3 Emissions:67.1 MMT CO2e (2023)
Renewable Energy Share:Approximately 30% (2023)
Total Energy Consumption:5.9 MWh (2023)
Water Consumption:2,257 million gallons (2023)
Waste Generated:49,593.4 tons (2023)
Carbon Intensity:7.1 MMT CO2e per thousand BOE (2023)

ESG Focus Areas

  • Safety and Environmental
  • Ethics
  • Diversity and Inclusion
  • Excellence
  • Service
  • Innovation
  • Climate Change
  • Greenhouse Gas Emissions
  • Methane Emissions
  • Biodiversity
  • Water Conservation
  • Waste Reduction
  • Community Investment
  • Workforce Diversity
  • Corporate Governance
  • Supply Chain Management
  • Human Rights

Environmental Achievements

  • Achieved reductions equating to approximately 50% of our 2030 Scope 1 and Scope 2 GHG Emissions Reduction Target.
  • Reduced Scope 1 methane emissions by 36% from a 2019 baseline year.
  • Avoided approximately 1.2 million metric tons of CO2e emissions through connections with six RNG facilities.
  • Restored nearly 400 acres of habitat related to pipeline projects.

Social Achievements

  • Nearly 300 communities supported through ONEOK Community Investments programs.
  • $9.6 million in charitable company contributions.
  • Over 13,500 volunteer hours.
  • Each employee completed approximately 56 training hours in 2023.
  • Achieved a 2023 Agency Reportable Event Rate (AREER) of 0.32, nearly 30% lower than 2022.

Governance Achievements

  • Successful acquisition of Magellan Midstream Partners.
  • Consistent top ESG ratings and rankings from MSCI, Morningstar Sustainalytics, FTSE Russell, and S&P Global.
  • Revised Code of Business Conduct and Ethics approved by the board of directors.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 30% reduction in combined operational Scope 1 and location-based Scope 2 GHG emissions by 2030 (from 2019 baseline).
Short-term Goals:
  • Continue working toward our Scope 1 and Scope 2 GHG emissions reduction target of 2.2 MMT CO2e by 2030.
  • Increase use of methane detection technology.
  • Eliminate methane emissions sources or route back into process.
  • Increase use of methane best management practices.

Environmental Challenges

  • Managing greenhouse gas (GHG) emissions and stakeholder expectations regarding environmental stewardship.
  • Integrating Magellan's operations and programs into ONEOK's existing framework.
  • Addressing climate-related risks and opportunities.
Mitigation Strategies
  • Further electrification of assets.
  • Implementing additional methane emissions mitigation through best management practices.
  • Developing a unified companywide safety management system.
  • Evaluating renewable energy and low-carbon investment opportunities.
  • Implementing rigorous, regular leak-inspection practices and engineering controls.

Supply Chain Management

Supplier Audits: On-site visits with 70% of Tier 1 suppliers annually.

Responsible Procurement
  • Business Partner Code of Conduct
  • Prioritizing domestic suppliers (90% in 2023)
  • Promoting supplier diversity

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Impacts to operating territories
Transition Risks
  • Reduced demand for hydrocarbon products
  • Increased regulation
  • Shifting investor sentiment
Opportunities
  • Renewable natural gas
  • Carbon capture, use, and storage
  • Hydrogen
  • Alternative low-carbon fuel sources

Reporting Standards

Frameworks Used: SASB, GRI, TCFD, EIC Midstream ESG Reporting Template

Certifications: Null

Third-party Assurance: Independent registered public accountant (limited assurance for certain metrics)

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)

ONEOK's business, operations, and community engagement activities contribute to these goals through energy provision, workforce development, community investment, and infrastructure development.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • America’s Greatest Workplaces 2024
  • Excellence In Environmental Stewardship Award
  • Groundbreaker Award, Tulsa Area United Way
  • Veteran Employer Champion 2023