Biological diversity.

ConocoPhillips recognises the importance of biodiversity in maintaining ecosystems' health and as a vital factor in human well-being. Protecting plant and animal species and ecosystems, also known as "biological diversity", or "biodiversity", is an essential component of our health, safety, and environmental commitment wherever we operate.

Biodiversity is a term used to capture the concept of the world's biological richness and variability. Biodiversity includes all populations and species of plants, animals, and microbes that occur in nature and the interactions within and between these populations that contribute to ecosystem function. Ecosystem functions provide essential services that support human needs such as food, shelter, clothing, medicines, and fuel. Biodiversity can also have recreational, cultural, spiritual and aesthetic values.

ConocoPhillips will implement mitigation planning processes aimed at reducing the effects of our activities on the environment and conserve biodiversity. We will address biodiversity conservation as part of investment appraisal, and during the planning and development of major capital projects by conducting environmental impact analyses, collecting key environmental data and implementing mitigation and monitoring programs to reduce impacts and assure results.

OUR APPROACH

Integration of biodiversity conservation principles in our business management systems, considering all stages of the asset life cycle

Development of Biodiversity Action Plans for projects located in areas of high conservation value

Use of widely available and effective planning tools such as those developed by IPIECA, Energy and Biodiversity Initiative, and the International Association of Oil and Gas Producers to facilitate biodiversity conservation

Adoption of a landscape-scale perspective which promotes habitat integrity and connectivity over a broader area than just our facility sites as important issues in land use decision making

Consideration of targeted opportunities for habitat improvement, including projects for rehabilitation. The use of biodiversity offsets will be considered when appropriate.

Collaboration with key stakeholders to increase capacity for biodiversity protection, internally and in related institutions and communities

Linkage of biodiversity protection with GHG emissions reductions, where both goals can be met through integrated planning and action

OUR EXPECTATIONS

That in the fulfillment of our business strategy, we will serve as a positive example of how natural resource development can occur in harmony with society's need to conserve biodiversity.