Social Impact Investment
We take time to listen to our stakeholders to understand the unique needs of the communities where we operate. Their insights inform programs we design to address these needs, with a focus on public health, safety, education and the environment.
During our annual funding assessments, we evaluate a potential partner’s mission and values to ensure alignment with our own, as well as their financial and operational performance.
Our partnerships go beyond financial contributions. We also invest in local communities through advisory services, pro bono work, in-kind donations and volunteer hours. Whenever possible, we bring our community partners together to amplify our impact.
- ᵃ Total Philanthropic Giving: $2.2 million in corporate giving and $.2 million in employee giving; Total Sustainable Investments: $12.5 million.
In 2019, we began a strategic review of our social investment portfolio to align our partnerships around three common goals and set targets for their impact:
Healthy and Safe Communities
By investing in a community’s infrastructure, we hope to build healthier and safer communities in the areas where we operate. We focus on addressing the direct impacts of our operations, such as on road traffic, as well as any indirect impacts by increasing access to basic needs and services like food and healthcare.
Our investments in this area include donations to local first responders for much-needed equipment and technology. We also have long-standing partnerships with the Houston Food Bank, Regional Food Bank of Oklahoma and Great Plains Food Bank in Dickinson, North Dakota.
Marathon Oil is a founding member of the Energize for Safety Coalition, a nonprofit dedicated to making busy roadways less dangerous in the operating areas of our Oklahoma asset. In partnership with the Oklahoma Department of Transportation and the Oklahoma Department of Public Safety, the coalition established a safety corridor on Highway 33 between Watonga and Kingfisher in the STACK. In 2019, the number of collisions along this corridor declined by 37% compared to the previous year. Through the coalition, Marathon Oil employees also participated in three driver safety events for local communities in our operating areas.
Human trafficking is a rising epidemic in communities across the world, including those in our operating areas and our headquarters state of Texas, which has one of the highest rates of human trafficking in the U.S. In 2019, we joined the Oil & Gas Trafficking Awareness Group (OGTAG), a coalition of 45 industry peers working together to end this human rights violation. We also initiated an internal effort that began in 2020 and includes: 1) increasing employee awareness of human trafficking through events and communications, 2) adding anti-trafficking language in our Code of Business Conduct, 3) training suppliers and employees, and 4) engaging our communities by building coalitions with law enforcement and local stakeholders.
In addition to our long-standing relationship with the American Heart Association in Houston, we launched a partnership with Children’s Hospital at OU Medicine in Oklahoma City in 2019. Our investment funds pediatric research, education and clinical care programs. The hospital serves every county in Oklahoma so children don’t have to leave the state to receive exceptional care – and no child is ever turned away regardless of their family’s ability to pay.
By investing in protecting and restoring natural resources, we hope to build more resilient communities, and ultimately improve quality of life.
In 2019, we continued our investment in the Pecos Watershed Conservation Initiative (PWCI), which enhances a unique desert landscape where cattle ranching and oil and gas production coexist with species found nowhere else. PWCI is a coalition of The National Fish and Wildlife Foundation (NFWF), the U.S.D.A.’s Natural Resources Conservation Service (NRCS), and seven oil and gas corporations. The initiative focuses on restoring Chihuahuan Desert grasslands to benefit migratory grassland birds and pronghorn, and improving aquatic habitats.
Since its inception in 2017, the initiative has funded 19 projects totaling more than $3.7 million for critical habitat and species conservation. With the investments made in 2019, the initiative has restored more than 30,000 acres of grasslands, restored nearly 60 miles of river habitat and 200 acres of riparian habitat, and improved more than 120 miles of fencing for pronghorn passage. When complete, the results will be restoration or enhancement of more than 9,000 acres of grasslands, protection or establishment of two populations of endangered or threatened desert fish, and intensive monitoring of native species whose habitats and behavior were previously poorly understood.
In our Bakken asset, our Maintenance & Construction team volunteered to remove approximately four miles of sheep fence on a ranch so that it could be replaced with more wildlife friendly fencing. This project is part of a larger collaboration with NDPC to provide funds and in-kind labor for environmental projects throughout the basin.
By investing in inclusive and equitable quality education for all, we hope to build a foundation for strong communities and socio-economic growth. Education has the power to improve lives by breaking the cycle of family poverty and enabling a person to reach their full potential.
Our investment aims to improve student test scores and school ratings, expand the availability of qualified teachers, and increase the number of students receiving a technical certification or degree and entering higher education.
In the Houston area, only 21% of third graders have mastered reading standards and 29% failed to meet minimum reading expectations. We’ve partnered with the Barbara Bush Houston Literacy Foundation since its inception in 2013 to combat the city’s literacy crisis. Our partnership focuses on strategies shown to enhance literacy, such as increasing the number of books in a home, mentoring children in reading and prioritizing support for economically disadvantaged children who are most likely to read below standard. In 2019, we were one of 16 corporate partners asked to join the nonprofit’s Advisory Council of corporate leaders.
In Oklahoma, our employees volunteered for the Oklahoma City Public Schools (OKCPS) career expo and the Oklahoma Energy Resources Board (OERB) STEM (science, technology, math and engineering) night in Duncan. Marathon Oil is a long-standing supporter of the OERB, a state agency voluntarily funded by oil and natural gas producers and royalty owners. In 2019, OERB spent almost $1.3 million on K-12 STEM-related curricula and classroom materials and trained 953 teachers, reaching the milestone of 16,950 teachers trained to date. OERB also supports the environmental clean-up of abandoned and orphaned well sites, including dedicating more than $8 million to restore 713 well sites in 2019 and approximately $120 million to restore over 17,000 sites since 1993.
To support teacher professional development, we partnered with the North Dakota Petroleum Council (NDPC) to bring more than 50 teachers from around the state to our Dunn City field office for a presentation and rig tour. The event was part of a four-day seminar focused on informing educators so that they can develop our industry’s next generation workforce.
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