In 2023, Occidental Petroleum conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 369,000a | 448,000a | 270,000a | |
Total Waste Recovered | 225,000a | 249,000a | 92,000a | |
Total Hazardous Waste Generated | 165,000a | 258,000a | 167,000a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Occidental Petroleum generated a total of 369,000metric tonnes of waste.a
Of this amount, 60.98% of Occidental Petroleum's total waste generated was recovered through methods such as recycling, reuse, or composting, while 33.88% was disposed of through landfilling, incineration, or combustion.The remaining 5.15% was either treated using unspecified methods or not clearly categorized.a
In 2023, Occidental Petroleum reported a total waste generation of 369,000 metric tonnes, of which 60.98% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Occidental Petroleum is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2019, Occidental Petroleum's total waste generation increased by 241.67%, but declined by 17.63% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Occidental Petroleum's waste recovery rate declined by 45.12%, yet improved by 9.71% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.a
Overall, Occidental Petroleum’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.
In 2023, Occidental Petroleum generated a total of 369,000 metric tonnes of waste.a
Of this amount, 44.72% of Occidental Petroleum's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.55.28% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2019, Occidental Petroleum's total waste generation rose by 241.67%, but dropped by 17.63% in 2023, indicating a possible turning point driven by improved waste-reduction practices or production slowdowns.a
Over the same period, Occidental Petroleum reduced the hazardousness of its waste by 3.41%, with a further 22.35% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Occidental Petroleum has increased waste over time but is now demonstrating meaningful progress in both reducing waste generation and lowering its hazardous content, potentially signaling a turning point toward sustainability.a