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4627326 Sustainable Part1:Layout 1 - Phillips 66 UK

2006 Sustainable Development Report Global Values Local Action Sustainable Approach ConocoPhillips Operations 1 About the Report This report covers the time period Letter to Stakeholders 2 from mid-2005, the publication of our last report, to mid-2007. Select About ConocoPhillips 4 performance metrics are provided for 2006. The social and environmental Our Approach to Sustainable Development 5. data in this report covers businesses Progress Summary 6 for which ConocoPhillips was the operator in 2005 and 2006. Ensure Long-Term Viability 8. Our report is titled Global Values, Local Action, Sustainable Be Transparent and Accountable 10 Approach. Reflecting this theme, we have provided both companywide policies, positions and programs, and examples of Minimize Environmental Impact 14.

Who We Are ConocoPhillips is an international, integrated energy company – the third-largest such company in the United States based on market capitalization, oil and gas proved reserves and

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