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Governance

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Marathon upholds high standards of business ethics and integrity, enforces strict corporate governance principles and board independence, and supports transparency in our operations.   

Where We Are

  • Twelve of 13 members of Marathon's Board of Directors are independent.
  • Actively promoting revenue transparency with governments and countries wherever we operate through broad stakeholder engagement, including support of the Extractive Industries Transparency Initiative (EITI).
  • 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 and compliance with our Code of Business Conduct, applicable laws and regulations, and our policies.

What We Want to Be 

  • Maintaining an independent board to ensure proper oversight of the Company.
  • Continuing to promote 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.
  • Continuing to conduct business under high ethical standards and to promote rule of law and accountability.

What We Are Doing to Get There