Marathon Oil Corporation - US Securities and Exchange Commission

MARATHON OIL COMPANY
POLICY STATEMENT
Section: CORPORATE RESPONSIBILITY
Approved by:
Board of Directors
GENERAL PURPOSE
Subject
Corporate Responsibility
MOC 701
To recognize that doing business in any community is a privilege and to honor that
privilege by conducting Marathon Oil Company ("Company" or "MOC") business in a safe,
clean, secure, responsible and cost effective manner.
POLICY STATEMENT
The Company's commitment to high standards of Health, Environmental, Safety and
Security (HES&S) performance is supported by the principles below. A management
system approach is used to drive continual improvement in these areas.
1. Incident Prevention: To provide a safe and injury free workplace through our HES&S
Beliefs and Life Critical Expectations with the aim of sending all employees and
------·-contractors home safely. - - - - ---- -- -- -- - - --- --- -- --- - ­
2. Environmental Stewardship: To be committed to environmental protection and to
emphasize, to the extent practical, conservation of all resources and the minimization of
wastes, emissions, and releases throughout the Company's operations.
3. Communities: To be a good neighbor in the communities in which we operate by (a)
proactively consulting with stakeholders on issues of mutual interest, (b) respecting the
human, cultural and legal rights of individuals and communities, and (c) endorsing the
goals and principles of the United Nations Universal Declaration of Human Rights.
4. Security: To implement risk mitigation and loss prevention strategies that assist in the
protection of employees, the environment, the Company's reputation, proprietary
information, third parties, and both physical and financial assets worldwide.
5. Emergency Preparedness: To maintain a preparedness and response program with
the goal of protecting employees, contractors, and other people in and around our
facilities, the environment, and our corporate resources.
6. Risk Assessment: To systematically identify potential HES&S risks, assess their
relative significance, and develop reduction measures to ensure risks are properly
addressed.
7. Legislative and Regulatory Compliance: To comply with all applicable HES&S laws,
regulations, and other requirements, and to actively participate in the development of
responsible laws, regulations and standards regarding HES&S issues.
8. Training and Education: To ensure that employees understand their HES&S
responsibilities and are trained to perform their assignments with competency by
supporting education and research on the HES&S effects of the Company's products
and processes and providing information to and work with stakeholders to foster the safe
use, handling, transportation, storage, recycling, reuse and disposal of our materials,
products, and wastes.
Page 1 of 2 l ~-Effoctl~e: September 20, 2012
MARATHON OIL COMPANY