Marathon Oil Corporation - US Securities and Exchange Commission
Marathon Oil Corporation - US Securities and Exchange Commission
Marathon Oil Corporation - US Securities and Exchange Commission
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Information we collect <strong>and</strong> analyze as part of<br />
social risk assessments <strong>and</strong> ongoing stakeholder<br />
engagement drives development .of<br />
our CSR plans <strong>and</strong> programs with reference<br />
to <strong>Marathon</strong> <strong>Oil</strong> <strong>and</strong> industry guidelines.<br />
Philanthropy is a part of <strong>Marathon</strong> <strong>Oil</strong>'s<br />
business <strong>and</strong> social investment strategies.<br />
Using stakeholder data. we evaluate innovative<br />
non-profit programs that align with our<br />
business goals, broad objectives <strong>and</strong> strategies.<br />
We support non-profit organizations<br />
that focus on education <strong>and</strong> training, health<br />
<strong>and</strong> human services. <strong>and</strong> protecting <strong>and</strong><br />
conserving natural resources, habitats <strong>and</strong><br />
environments.<br />
Building Cap aci t y in<br />
Equatorial Guinea<br />
<strong>Marathon</strong> <strong>Oil</strong>'s Eqi.1atorinl Guinea Liquefied Natural Gas<br />
fCicility (EG LNG) creates local community <strong>and</strong> workforce<br />
capacity through t raining.<br />
MARATHON OiL SOCIAL INVESTMENTS<br />
BY GiVING AREA<br />
Total SoCtal Investments~ -$25 mm ·oo·<br />
CiVIC, CoMrYh,.n ty, Cultl. re - Er v.rort"""ent ana Cor: serva:ton<br />
• Educa-:..on ana Tra ,n .ng • ~1ea.:r. ar~o M~rran Setv.ces<br />
Emptoyee G·vtr. g<br />
UnaeoWny<br />
• Tota ;:>h.•anthrop,c G.v tng: $1 1.5 rn 11 -or .r corpora:e g .v.ng ano<br />
Sl.S rYH• •on .n employee g.v.ng; Totcf S-.~s:a r.ab:e lf"vestments:<br />
$'li.6,..... li:on. Does not :nc vee any cor•tr•but oos made on<br />
bet-a t ~ of tt-e forl'!"er Dowr.s:ream orgar ; za~ ; Or' .<br />
As part .of our social investment strategy, we<br />
promote responsible community interactions<br />
<strong>and</strong> provide direction to operating units on<br />
building sustainable programs. We frequently<br />
collaborate with business partners, nonprofits<br />
<strong>and</strong> others on social investment<br />
programs.<br />
<strong>Marathon</strong> <strong>Oil</strong> has worked closely wi th community stakeholders<br />
in Equatorial Guinea to maximize the benefit of our<br />
presence in this region. For example, we designed training<br />
<strong>and</strong> development initiatives to benefit employees <strong>and</strong> host<br />
communities, creating a workforce with better leadership<br />
skills <strong>and</strong> helping local enterprises learn to grow their business<br />
more effectively.<br />
In 2011, 22 local business representatives participated in an<br />
intensive two-month computer skills course. Businesses<br />
represented a diverse array of sectors including banking,<br />
agriculture <strong>and</strong> construction. We also provided training in<br />
financial management. accounting, budgeting <strong>and</strong> planning<br />
for 24 representatives of local small-to-medium sized<br />
businesses. Lastly, the National Content team hosted a<br />
tw o-month Marketing <strong>and</strong> Customer Service Training<br />
session to promote entrepreneurial skills for local busi <br />
nesses. Twenty-five participants from local companies<br />
attended <strong>and</strong> learned about market resea rch, market<br />
segmentation, sales strategies <strong>and</strong> the importance of<br />
good customer service.<br />
Migue.l Mbela Medja, a participant from Construcciones<br />
SIBER SL. said, "My company is very satisfied that I<br />
attended this computer course. The knowledge I acquired<br />
through the class can be transferred to other employees."<br />
He continued. "We thank EG LNG for organizing these<br />
training courses in order to help develop the skills of small<br />
Guinean companies."