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Governance

Marathon upholds high standards of business ethics and integrity, enforces strict corporate governance principles and board independence, and supports transparency in our operations. We expect every person who works for or represents Marathon to conduct business with honesty and integrity.

Where We Are

  • Eleven of 12 members of Marathon's Board of Directors are independent.
  • Actively promoting revenue transparency with governments and communities wherever we operate through broad stakeholder engagement, including support of the Extractive Industries Transparency Initiative (EITI).
  • Government Affairs and business unit personnel are engaging in discussions with policy makers and participating in trade associations on public policy activities.
  • Making relevant information on key business issues easily accessible to employees and other stakeholders.
  • Promoting and supporting high standards of ethical behavior, Code of Business Conduct compliance and reporting of suspected Code violations, applicable laws and regulations, and our policies.

Where We Want To Be

  • Maintaining an independent board to ensure proper oversight of the Company.
  • Promoting openness in business dealings and revenue transparency through the EITI process.
  • Maintaining a Company voice and participation in public policy decision-making, focusing on industry-relevant issues.
  • Maintaining awareness on key business issues to allow employees to make informed decisions.
  • Conducting business under high ethical standards and promoting rule of law and accountability.

What We Are Doing to Get There