2020 ESG REPORT

See 2020 Report  

The report focuses on these three areas:

Message from Our CEO

The ESG measurements we are reporting here reflect the CITGO current strengths and areas where we can yet improve as we endeavor to be responsible corporate citizens in a volatile and competitive market.

Carlos Jordá, President & CEO

Governance

Governance

Strong corporate governance is a key priority for CITGO

In 2020, we added robust new measures to further strengthen many of our recent Ethics and Compliance reforms such as:

  • Adding experienced Ethics and Compliance personnel to support and advise key committees of the Board of Directors.
  • Requiring periodic Ethics and Compliance reviews in the Audit Committee meetings.
  • Appointing an experienced Chief Ethics and Compliance Officer (CECO) reporting directly to the CEO.

Environment

We strive to minimize potential impacts and ensure that resources are in place to respond to any unintended releases. Some of our environmental highlights include:

HSE data collection

Improvement of our Heath, Safety and Environmental (HSE) data collection with the Enablon System

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Energy Transition

Creation of the new position of Energy Transition Strategist

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Water use reduction

Water use reduction and waste minimization

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Social

We recognize that our employees are the reason for our positive reputation among our external stakeholders and the success of our business. Read about some of their extraordinary contributions to our company and communities in 2021.

Business Continuity Plan

Strong overall safety performance

Community Involvement

Business continuity in the face of the COVID-19 pandemic and two hurricanes

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Simón Bolívar Foundation

The Simón Bolívar Foundation changed its mission to help address the Venezuelan humanitarian crisis and to significantly expand its impact in Venezuela and the Americas region

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community involvement

Creative community involvement

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Past Reports

2011 / 2012 / 2013 / 2014 / 2015 / 2016 / 2017 / 2018 / 2019

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