At Continental Resources, we believe domestic oil and natural gas is fundamental to the well-being and security of our nation and the world. We also believe working to secure American energy independence is an essential goal for our business. For more than 50 years, we operated with high ethical and environmental standards. It’s an integral part of us, imbedded in our DNA. We continue to innovate and improve.
Clearly 2020 was a year of unprecedented challenges. We faced extreme business, market, and social instability unlike anything in our history. Yet Continental showed how to turn difficulty into opportunity. Thanks to our capital discipline, strong entrepreneurial spirit and skillset of our employees, low-cost and nimble operations and the strength and optionality of our assets, we excelled this past year.
We believe the societal aspect of ESG is often undervalued. Of the 17 UN Sustainability Goals, the vast majority fall within the societal component. This is not to say we take any other aspect of ESG lightly. In fact, we exceeded our ESG targets across the board:
We recorded our lowest ever companywide TRIR
We reduced our GHG emissions intensity by 28% from 2019
We reduced methane emissions intensity by 34% from 2019
We formalized and built upon our diversity and inclusion programs
We safely and effectively deployed a COVID-19 program and protocols that served as a model to the business world
Our ESG efforts are an essential part of our business, thoroughly integrated into every aspect of our operations and we will continue the raise the bar. We intend to be a leader, not a follower.
Every level of the company is involved and committed, focusing on sustainability, our environmental impact, our communities and our role in society and corporate governance. At Continental every employee is a shareholder. That’s why our team acts, thinks, and operates with an owner’s mentality, because we are the owners.
In short, we produce the energy needed to make our world work. And we do it responsibly, affordably, abundantly and innovatively. We will continue to do our part to fuel a better energy future for the people of the world.
Respectfully,
Bill Berry
Chief Executive Officer
