Occidental Petroleum Corp.
Industry Group: Oil & Gas Producers
Country/Region: United States of America
Identifier: NYS:OXY
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 81 out of 301
Universe
Global Universe 13509 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Eni SpA |
25.9
Medium
|
14 out of 301 |
Equinor ASA |
36.6
High
|
69 out of 301 |
Suncor Energy, Inc. |
36.8
High
|
72 out of 301 |
Occidental Petroleum Corp. |
37.8
High
|
81 out of 301 |
Imperial Oil Ltd. |
43.8
Severe
|
135 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Occidental Petroleum Corp.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Occidental Petroleum Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Occidental Petroleum Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Occidental Petroleum Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level