Sustainability Report 2024

Practicing Social Responsibility

Driven by a strong sense of Social Responsibility, CPChem lives by its tagline, Performance by Design. Caring by Choice.™ We dedicate expertise, time and financial resources to support lasting and meaningful impact. Our Social Responsibility priorities demonstrate our resolve to support economic growth and enhance quality of life both locally and internationally.

Social Responsibility – Our Priorities

Do our part to respect human rights

Inspire CPChem’s current and future workforce by investing in education and fostering a Caring by Choice culture throughout our value chain.

Promote health, safety and well-being

Maintain and operate a workplace where we prioritize the health, safety and well-being of our personnel and the communities where we operate.

Increase economic prosperity

Enrich global communities through our products, enterprise and philanthropic activities to help ensure all stakeholders have opportunities to thrive.

Respecting Human Rights

At CPChem, we consider respecting human rights an essential part of our global business operations, as embodied by our tagline, Performance by Design. Caring by Choice.

In 2024, CPChem published its Human Rights Commitment Statement reflecting our company’s values, principles and expanding focus on corporate social responsibility.

Our commitment statement is guided by human rights standards such as the International Bill of Human Rights, the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work, and the 2011 United Nations Guiding Principles on Business and Human Rights.

This commitment is embedded throughout our corporate policies and practices and establishes our minimum standards for the following fundamental aspects of human and labor rights:

  • Ethical standards: We operate with integrity, holding ourselves accountable to specific ethical standards and behaviors and comply with applicable governmental laws, rules and regulations. This strengthens our reputation and builds trust with our employees, customers, suppliers, owners, joint venture partners and communities.
  • Equal Employment Opportunity: We are committed to equal employment opportunities aligned with applicable laws and regulations, and we value and respect the differences each employee brings to our organization.
  • Environment, Health, Safety and Security: We strive to conduct our business in a safe, secure and injury-free manner. We put the health, safety, and well-being of all personnel, contractors, and local communities before production. We actively take steps to protect the environment and seek to conduct our business in a more sustainable manner.
  • Social and Employment: We are committed to providing a workplace free of discrimination or harassment. We act professionally and without regard to race, color, religion, gender, sex (including pregnancy), gender identity, sexual orientation, age, national origin, disability, veteran status, genetic information and family medical history, or any other basis prohibited by law.

Our commitments and practices are also reflected in our Code of Conduct, Supplier Principles of Conduct, Equal Employment Opportunity Statement and Operational Excellence Policy.

All employees are informed and receive training to build an understanding of these topics.

Oversight of this commitment lies with CPChem’s Board of Directors. The responsibility and accountability for the adherence to human rights is collectively shared among different stakeholders within the organization.

Consistent with international standards, we provide an independent whistleblower telephone helpline and website, available 24 hours a day and in multiple languages to all employees and stakeholders. It is operated by an independent third-party.

In the image, there are four people standing in front of a petroleum refinery. They are all wearing safety gear and jackets, indicating they may be part of a union or working crew.
The image shows an individual wearing a hard hat and holding what appears to be a digital device, possibly for communication or data analysis. The person is posing in front of industrial equipment, indicative of an oil or gas plant environment. In the background, there are tanks with various labels and logos, suggesting a process industrial setting.

Our Approach to Sustainability

Our Approach to Sustainability
This is an image of a firefighter. The firefighter is wearing a full set of turnout gear, which includes a jacket. The person is also wearing a helmet. The background suggests the image was taken in a fire station given

Social Responsibility

Social Responsibility

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