CEO Today USA Awards 2023 - 80 - - TEXAS - CEO of Occidental Petroleum Corporation Vicki Hollub For 100 years, Oxy has developed extensive assets, infrastructure, expertise and technology to fuel progress and improve lives around the world. Now we’re leveraging these resources to help solve the planet’s most pressing environmental challenges. We want to be part of the solution, so we’re taking bold steps to innovate new technologies for a low-carbon future. Oxy produces energy and essential products to sustain and improve life on our planet. Our experienced teams, located in the United States, Middle East and Africa, are committed to safe and efficient operations and products, and to reducing our carbon footprint and helping others do the same. We are busy developing the big ideas and broad solutions we will need to achieve net zero. Every day, we get closer. And we won’t stop until we’re there. Oxy operates world-class energy and chemical assets around the globe, including in the United States, Middle East, Africa and Latin America. Over our 100-year history, we have built a vast infrastructure of integrated operations around the world that deliver reliable energy and essential products. As an energy leader, we take it as our responsibility to lead the way in the vigorous pursuit of viable, future-looking carbon management worldwide. Oxy is focused on reducing emissions in our operations and around the world by capturing and retiring more humanmade CO2 emissions through our technology and strategic partnerships. We are applying our expertise and critical FIRM PROFILE infrastructure to accelerate CCUS projects around the world, with the goal of developing and delivering lower-carbon products that speed the journey to our global climate targets. For over 40 years, we have built and operated one of the world’s largest systems to safely inject and permanently store CO2 into geologic reservoirs. Oxy currently stores up to 20 million tons of CO2 per year, primarily from naturally occurring sources. We expect to apply carbon capture to utilize CO2 from human-made sources and the atmosphere. At Oxy, sustainability is fundamental to our success and reputation as the employer, neighbor and Partner of Choice®. We are dedicated to safeguarding our employees, benefitting neighboring communities, strengthening regional economies and advancing innovative solutions to global energy and environmental challenges. Our employees drive our commitment to serve as an innovative and sustainable leader in the effort to accelerate the successful transition to a lowcarbon world. Our safety record is exemplary in the oil and gas and chemical industries and in comparison to office-based occupations like stockbrokers and insurance agents. We are committed to constructive engagement with neighbors, non-profit organizations and communities throughout our operations. Oxy continually evaluates ways that we can integrate sustainability throughout the company, improve our sustainability programs and performance and transparently share our progress with stakeholders. “We take it as our responsibility to lead the way in the vigorous pursuit of viable, future-looking carbon management worldwide.”
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