Sustainability

JOSEPH C. GATTO, JR. President, CEO and Director

“Reflecting upon the past year, we at Callon are filled with a deep sense of accomplishment and an unwavering determination to propel our organization forward. As we navigate the dynamic energy landscape, we remain focused on identifying opportunities that enhance both our ESG performance and our bottom line. Our strategic approach reflects a broader philosophy of anticipating future challenges, continuously seeking opportunities for improvement, and making deliberate decisions that position us competitively in the long term.

We are proud to share the highlights of our 2022 sustainability efforts, and we are dedicated to making continued progress in the years to come.”

2024 Commitments and Targets

In early 2021, we announced the adoption of meaningful medium-term emission reduction goals to reduce flaring and GHG emissions in our operations. After making substantial progress on our action plans throughout that year, in early 2022 we announced accelerated emission reduction goals for 2024.

We are on track and remain committed to achieving our 2024 reduction targets:

  • Reduce GHG emissions intensity by 50% by 2024 from 2019 baseline
  • Reduce Callon-controlled flaring to less than 1% by 2024
  • Reduce methane emissions to less than 0.2% by 2024  


2022 Environmental Highlights

  • 40% reduction in Scope 1 GHG intensity and absolute GHG emissions since 2019 
  • >20% year over year reduction in Scope 1 GHG emissions from 2021
  • 36% Reduction in Scope 1 methane emissions (as a percentage of total gas production) from 2021
  • 33% Reduction in freshwater consumed since 2019

Read more about our Environmental performance in our 
2022 Sustainability Report.

Social Performance Highlights

By upholding our values, we strive to forge a relationship of trust among our employees, suppliers and contractors, shareholders, landowners, and the communities where we live and operate. 

Our Social Performance Highlights:

  • Record-setting Total Recordable Incident Rate (TRIR) of 0.39
  • Peer-leading 41% racially or ethnically diverse total workforce 
  • 67% of new hires identified as female, racially, or ethnically diverse, or both
  • Adopted Contractor Code of Conduct

Additionally, in 2022, Callon was recognized as a Top Workplace, marking the fifth time we have received the award since 2017. This accolade serves as a testament to our ongoing efforts to create a work environment where employees thrive and feel a true sense of fulfillment. 

Read more about our Social Performance in our
2022 Sustainability Report.

Responsible Governance and Related Links

Callon strives to operate our business responsibly, ethically, and in a manner aligned with the interests of our stakeholders. We are committed to effective and sustainable corporate governance, which we believe strengthens accountability, promotes the long-term interests of our stakeholders, and helps build public trust in our Company.

Read more about the governance of our Company and the structure that supports the integrated sustainability focus of our company in our 2022 Sustainability Report and in the related documents offered below.


Related Links

CODE OF BUSINESS CONDUCT AND ETHICS

COBC ADDENDUM A – INSIDER TRADING POLICY

COBC ADDENDUM C – CONTRACTOR CODE OF CONDUCT

CALLON HUMAN RIGHTS POLICY

ENVIRONMENTAL AND SAFETY POLICY

2021 EEO-1 REPORTS

2022 EEO-1 REPORTS

Please also view our Governance page on this website.

Callon Petroleum Company

Callon's Mission

Build trust, create value and drive sustainable growth responsibly for our investors, our employees and the communities in which we operate.

At Callon, our commitment to our shareholders is simple: create value in a responsible manner. Our focus on integrating sustainable business practices and achieving long-term results drives our operations. In alignment with these goals, our Board of Directors oversees the company’s safety and environmental policies, development of a positive corporate culture and an effective corporate governance program. The entire Callon team is committed to driving returns for our shareholders while positively impacting the communities in which we live and work.

As part of our efforts to continuously improve our ESG transparency, reporting and performance, Callon welcomes feedback on our reporting. Please send comments or questions to [email protected].

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