Proactively identifying, avoiding and managing potential impacts, while also enhancing community benefits, is integral to completing projects successfully and developing long-term, positive relationships.
Our Upstream Socioeconomic Management Standard for Projects, released in 2010, is designed to help us identify potential socioeconomic impacts and their associated risks early in the Upstream asset life cycle, then develop and implement appropriate avoidance, reduction, remedy and monitoring measures. The socioeconomic aspects of our business fall into seven broad categories, as depicted below.
These topics reach across multiple disciplines within the corporation and are discussed throughout the report. Learn more about each of these socioeconomic aspects throughout our business:
Download the Full CCR report