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Performance Targets

Environmental and Safety Performance Targets

In September 2021, ONEOK announced a companywide greenhouse gas (GHG) emission reduction target.

We expect to achieve an absolute 30% reduction, or 2.2 million metric tons (MMT), of our combined Scope 1 and Scope 2 emissions by 2030, compared with 2019 base-year levels.

This is the equivalent of taking approximately 500,000 cars off the road for one year.

Opportunities for reductions include:

  • The further electrification of certain natural gas compression assets.
  • Implementing additional methane mitigation through best management practices.
  • System optimizations.
  • Collaborating with utility providers to increase the use of lower-carbon power options.

(a) ONEOK is targeting an absolute 30% reduction, or 2.2 million metric tons (MMT), of combined Scope 1 and Scope 2 emissions by 2030, compared with 2019 base-year levels.
Note: Scope 1 emissions are defined as emissions that result directly from operations. Scope 2 emissions are defined as indirect emissions that occur from the consumption of energy generated by other entity, such as a utility.

Annual Performance Targets

ONEOK sets additional ESG-related targets annually. These targets promote continuous improvement and communicate our high expectations for leadership and employees.

Companywide targets set by our board of directors, including performance measures that are part of our Short-Term Incentive (STI) Plan, are detailed in the table below. These challenging but achievable targets are based on ONEOK's historical performance and top quartile peer company performance.

CATEGORY/DESCRIPTION 2021 TARGET 2020 PERFORMANCE
Environment

Agency Reportable Environmental Event Rate (AREER)

AREER is an internal environmental performance metric that promotes a continued reduction in spills and emission events that are reportable to a state or federal agency. AREER is part of STI Plan performance criteria for all employees.

Since the implementation of the AREER metric, we have seen a year-over-year reduction in our rate of reportable environmental events.

0.40

2021 Target reflects:

  • 5% improvement compared with 2020 actual performance.
  • 44% improvement compared with 2020 target of 0.71.

0.42

  • 2020 performance best on record.
Safety and Health

Total Recordable Incident Rate (TRIR)

TRIR is part of our STI Plan performance criteria for all employees. Inclusion of this important safety metric is designed to emphasize ONEOK's commitment to safe operations and to reward safe behavior throughout the company.

0.31

2021 Target reflects:

  • 55% improvement compared with 2020 actual performance.
  • Consistent with 2020 target of 0.31.

0.69

Days Away, Restricted or Transferred (DART) Incident Rate

DART Rate reflects more serious injuries and illnesses that result in lost workdays.

0.11

2021 Target reflects:

  • 71% improvement compared with 2020 actual performance.
  • Consistent with 2020 target of 0.11.

0.38

Preventable Vehicle Incident Rate (PVIR)

Tracking vehicle safety performance through PVIR is one of the ways we manage risk and help employees stay safe on the roads. ONEOK employees may use company vehicles daily to carry out their jobs, or drive rental or personal vehicles for business travel.

0.79

2021 Target reflects:

  • 10% improvement compared with 2020 actual performance.
  • 16% improvement compared with 2020 target of 0.94.

0.88

2020 performance best on record.