Occidental Petroleum Corporation (NYSE:OXY) has published its 2009 Social Responsibility Report, “Dedicated Partner, Employer, Neighbor, ” which is also available online at http://www.reportalert.info/ra/profiles/Oxy/2010/?ID=30896.
The report highlights Oxy’s activities and achievements in corporate governance, labor, human rights and health, environment and safety (HES), including:
- Employee Injury and Illness Incidence Rate (IIR) of 0.41 was approximately nine times better than the U.S. industry average and the second-lowest in Oxy’s history
- Placed among the top 1 percent of all companies rated by GovernanceMetrics International (GMI) and commended for maintaining “best in class corporate governance standards”
- Named a Natural Gas STAR Continuing Excellence (5 Years) award winner by the U.S. Environmental Protection Agency
- Second-ranked U.S. oil and gas company and No. 26 overall on Corporate Responsibility Magazine’s 100 Best Corporate Citizens list for 2010
“We engage frequently with local communities, governments and other stakeholders, in keeping with Oxy’s commitment to being an effective and responsive partner, neighbor and employer,” said Dr. Ray R. Irani, Chairman and Chief Executive Officer. “In 2009, Oxy received high governance and sustainability index ratings from several entities, including GovernanceMetrics International.”
Copies of the printed report are available by request athttp://www.oxy.com/Investor_Relations/Pages/request_information.aspx.
Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization. Oxy’s wholly owned subsidiary, OxyChem, manufactures and markets chlor-alkali products and vinyls. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company’s worldwide operations.
Read this announcement http://www.reportalert.info/reportprofile.php?ID=30896&year=2010
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