"Operating safely, sustainably and environmentally responsibly remains key to our success, and encouraging a culture of employee and stakeholder engagement will continue to drive our company forward."

"In 2021, we announced an absolute greenhouse gas (GHG) emission reduction target, marking another major environmental milestone for our company. You can learn more about our GHG target and how we expect to achieve it in our Corporate Sustainability Report."

To Our Stakeholders, 

2021 provided another year of growth and progress for ONEOK – both in terms of our business and our sustainability efforts. 

We announced a new Mission, Vision and Core Values, which will underscore our strategy, operations and interactions with our stakeholders. Operating safely, sustainably and environmentally responsibly remains key to our success, and encouraging a culture of employee and stakeholder engagement will continue to drive our company forward. 

This report highlights the efforts we are taking to enhance our environmental, social and governance (ESG)-related programs, initiatives and disclosures, providing specific examples of how ONEOK is putting sustainability in action every day.  

One of our core values highlights safety and environmental responsibility. We remain focused on placing the health and safety of our communities and employees at the forefront of all we do through training, education and community outreach efforts. We also continue identifying opportunities to reduce our operational impact. In 2021, we announced an absolute greenhouse gas (GHG) emission reduction target, marking another major environmental milestone for our company. You can learn more about our GHG target and how we expect to achieve it in this report.  

In addition to this target, our dedicated sustainability and alternative energy solutions teams are actively researching opportunities that will complement our assets and expertise while enhancing our role in a lower-carbon economy. We will remain intentional in our focus and maintain capital discipline while developing these opportunities.

Another ONEOK core value is diversity and inclusion (D&I). We believe that a diverse and inclusive workforce is essential to our business and that unique perspectives challenge us to think differently and creatively about what we do. 

We continue to place an importance on expanding our D&I efforts by offering programming, learning events and mentoring opportunities to employees. Additionally, we have expanded our inclusive employee benefits, remain focused on diverse talent recruitment and supplier engagement, and continue to support D&I efforts in the communities where we operate. These efforts and more led to ONEOK receiving a perfect score in the latest Human Rights Campaign Foundation's Corporate Equality Index for the second year in a row. 

ONEOK’s sustainability efforts and commitments have been recognized by several other leading organizations and agencies as well. In 2021, ONEOK received an MSCI ESG Rating of AA, was named to JUST Capital’s list of Top 100 U.S. Companies Supporting Healthy Communities and Families, and received an ESG Risk Rating placing us in the top 10% in the refiners and pipelines industry assessed by Sustainalytics, to name a few. These recognitions highlight a number of the important things we are doing as a company to ensure ONEOK remains a great workplace, community partner and service provider.   

Our ESG-related performance is a source of pride for ONEOK, and we are committed to continuing to make progress while also remaining dedicated to delivering energy products and services vital to an advancing world. 

The U.S. energy industry is uniquely positioned to be a significant source for domestic and global natural gas and natural gas liquid (NGL) supply for the long-term, with midstream playing a vital role in the safe and responsible transportation of these essential energy resources. 

The resilience of natural gas and NGLs has been proven through various commodity and economic cycles, severe weather events and international conflicts. Current events continue to demonstrate the importance of these products in a long-term energy transformation, and ONEOK is positioned to help address increasing energy demand while contributing to a secure, reliable, affordable and innovative energy future.

Through best management practices and industry collaborations, we are addressing the growing need for energy products and services today while also preparing for a long-term and lower-carbon energy future. 

ONEOK is working to demonstrate sustainability in action. Thank you for taking time to learn more about our efforts. 

Pierce H. Norton II
President and Chief Executive Officer