Callon Petroleum Company

Sustainability

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.

Our corporate focus is anchored by five core values: Responsibility, Integrity, Drive, Respect and Excellence.

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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.

Environmental

  • Water management is a fundamental part of our operations. Creating solutions to responsibly source, recycle and dispose of water while protecting freshwater sources are top priorities in our operations.
  • To minimize greenhouse gas (GHG) emissions, Callon is investing in infrastructure to capture and mitigate emissions and reduce diesel fuel usage throughout our operations.
  • In 2018, we reduced spills by more than 40% and spill volumes by more than 65% through focused tracking and by reinforcing prevention measures with employees and contractors.
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Social

  • The safety of our employees, contractors and communities is our highest priority – our success is ultimately governed by our performance in this area of the business. In 2018, we reduced our recordable incident rate by 40% and will work proactively to train our employees and vendors regarding best practices.
  • Callon was named a Top Workplace by the Houston Chronicle in both 2017 and 2018, reflecting high engagement levels among our talented team of professionals.
  • We are committed to being a valued partner with and supporter of the communities where we operate as evident in daily operations and our community investments.
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Governance

  • Our commitment to high ethical standards is set forth in our Code of Business Conduct and Ethics, which includes an anonymous reporting Helpline and a non-retaliation policy.
  • Our Board has established—and annually revisits—sound corporate governance policies that provide the framework under which we fulfill our responsibilities to shareholders.
  • We value diversity of thought and experience in the board room, and Callon has assembled a Board that brings a variety of perspectives and skills to best represent the interests of shareholders.
  • Our pay-for-performance philosophy aligns the interests of our executives with our shareholders by linking compensation to metrics that drive long-term shareholder value and profitability.
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Our sustainability reporting and disclosures are informed by oil and gas industry guidance on voluntary sustainability reporting from the International Petroleum Industry Environmental Conservation Association (IPIECA).

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