Occidental Petroleum Corp 2023 Sustainability Report
Company: Occidental Petroleum Corp
Sector: Mining & quarrying
Country: United States
Year: 2023
Type: Sustainability Report
Pages: 172
The report covers Oxy's 2023 sustainability performance across governance, people, planet and prosperity. It highlights a 20.4% reduction in Scope 1 and Scope 2 GHG emissions since 2019, a 65.2% methane reduction and ~67% lower routine flaring from the 2020 baseline. Oxy reports progress toward net-zero operations before 2040 and total emissions including product use before 2050, while STRATOS reached 48% construction completion. The report also emphasizes water recycling, with approximately 63 million barrels of recycled produced water used for field development in the Delaware Basin.
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