despite the challenges facing both the coal mining and electric generation
industries.”207
“We believe that the United States should adopt a domestic energy policy that
balances affordability, energy needs and environmental responsibility. Coal must
remain an integral part of the nation’s total energy mix for the foreseeable future to
allow the United States to remain competitive in the global economy. New domestic
coal-fired power plants and greenfield coal mining opportunities for power
generation are unlikely to occur without the adoption of a balanced energy policy in
which coal continues to play a key role.”208
Statements on Human Rights
As of 23 August 2019, it does not appear that NACCO Industries Inc. has published
statements referring to human rights in its website or the annual report quoted above.
Occidental Petroleum Corporation (acquired Anadarko Petroleum
Corporation)
Statements on Climate Change
“Occidental is leveraging its expertise in CO2 EOR to be a global leader in advancing
a lower-carbon world. We are one of three U.S. companies to join the Oil and Gas
Climate Initiative, a group of 13 industry leaders representing 30 percent of
worldwide oil and gas production that is working together to lower our sector’s
carbon footprint. Occidental recently launched Oxy Low Carbon Ventures (OLCV),
a wholly owned subsidiary focused on carbon capture, utilization and storage
projects and technologies that source manmade CO2 for use in global oil and gas
projects. OLCV is advancing innovative low-carbon technology solutions that will
economically grow our business, while reducing emissions. This will benefit the
climate and our shareholders.”209
“Finally, increasing attention to climate change risks has resulted in an increased
possibility of governmental investigations and additional private litigation against
Occidental without regard to causation or our contribution to the asserted damage,
which could increase our costs or otherwise adversely affect our business. We have
been named in certain private litigation relating to these matters.”210
“Occidental is committed to environmental stewardship, and we have been
recognized by the U.S. Environmental Protection Agency (EPA), as well as other
government and third-party groups, for our practices and innovation. For decades,
we have conducted our business in accord with the highest standards, not only with
respect to the technical aspects of our industry, but also with regard to protection of
Id., p. 7.
Id.
209 Occidental Petroleum Corp. (2018), Focus Discipline Performance: 2018 Annual Report, p. 2, available at
https://www.oxy.com/investors/Reports/Documents/Occidental-Petroleum_2018_Annual_Report_Bookmarked.pdf
(last accessed on 12 September 2019).
210 Id., p. 8.
207
208
Annex D: Corporate Statements on Climate Change and Human Rights | 54
Select target paragraph3
Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents