We contribute to the well-being of the communities in which we operate through charitable giving, employee volunteerism and civic leadership. We believe the most effective charitable investments are made through strategic relationships with organizations dedicated to serving our communities, day in and day out.
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Global giving
ConocoPhillips is committed to being a responsible neighbor and citizen in the communities where we operate. We believe that effective social investments are achieved through strategic partnerships with organizations that serve the needs of the community and help the company meet its business objectives. Our social investments include cash contributions, in-kind donations, university contributions, volunteerism, memberships, sponsorships, and social infrastructure investments.
2020-2024 contributions
In millions
$184.4
Global Giving Overview
2024 cash contributions | ||||
In millions* | ||||
$5.7 Employee giving programs United Way - $3.4 Matching gifts - $2.0 Other programs - $0.3 | $1.0 Disaster relief | |||
$14.7 Signature programs Conservation - $8.8 STEM education - $5.9 | ||||
$21.3 Local contributions Arts - $2.0 Civic - $4.7 Education - $4.3 Health - $3.3 Safety - $0.8 Social Services - $5.9 Unspecified - $0.3 | ||||
*Due to rounding, some total numbers may not equal the sum of the subcomponents. | ||||
$42.7
In 2024, ConocoPhillips donated $42.7 million in cash contributions across three giving pillars: signature programs, local contributions, and employee giving programs.
Our Global Signature Program has invested more than $70 million toward species and habitat conservation since 2012. This year, $2 million was donated to the Theodore Roosevelt Presidential Library (TRPL), following our previous commitment to conserve Theodore Roosevelt’s family ranch, Elkhorn Ranch, which is part of Theodore Roosevelt National Park and within sight of the library’s location. This agreement ensures that over 550 acres of endangered land remain undisturbed, preserving both the scenic viewshed and President Roosevelt’s legacy.
Academic and career success remain the focus of our Houston Signature Program. In 2024, we announced the new ConocoPhillips STEM-Zone at the University of Houston to engage K-12 students in STEM fields. We also commemorated our tenth year of ConocoPhillips Math Teacher of the Month program which celebrates outstanding math teachers in the Greater Houston area.
Fifty percent of our 2024 cash contributions supported other unique local community needs in the communities where we operate, including $2 million to the Ted Stevens Foundation for the Alaska Leaders Archive at the University of Alaska Anchorage (UAA)/APU Consortium Library, and $2.5 million for the design and construction of the new 115,000 square foot Midland Athletic Syndicate Athletic Complex. Additionally, $1 million was donated to support humanitarian efforts following natural disasters in Texas, Oklahoma and New Mexico.
$72.1
Read more about how we are creating shared value in communities.
Beyond cash contributions, we invested an additional $28.5 million for contractual contributions, sponsorships, university contributions, social infrastructure donations, in-kind donations and memberships.
Input and insight from business units are overlaid by uniform, global processes and policies to provide:
Due diligence scrutiny of potential partners.
Consistent project selection criteria and focus wherever we operate.
Appropriate audits and document retention.
2024 social investments |
In millions1 |
1 Based on payments and annual business unit reporting. |
Tracking and assessment of performance metrics and impact.
The global charitable investment budget is reviewed annually by the Executive Leadership Team and approved by the Public Policy and Sustainability Committee of the Board.
Alignment with UN SDGs
The United Nations General Assembly has adopted 17 Sustainable Development Goals (SDGs) that set the global agenda for equitable, socially inclusive and environmentally sustainable economic development. Our core business of delivering energy to the world contributes directly to:
Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.
Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Many of our business and community investment activities support other goals related to education, poverty and good health. Our 2024 global charitable investments supported the following SDG
2024 global charitable investments spend
top 5 UN SDGs
In millions
