Investor Presentaiton
Environmental, Social and Governance (ESG)1
Environmental
Scope 1 and Scope 2 GHG Intensity Target
Established goal to reduce Scope 1 and
Scope 2 net emissions intensity by 25% by
2030, through offsets and reductions versus
2020 levels
Renewable Fuels Investments
Made significant investments in 3 renewable
diesel projects in Artesia, NM, Cheyenne,
WY and Sinclair, WY
Renewable diesel is a cleaner burning fuel
and, depending on the feedstock, can have
50% to 80% lower lifecycle GHG emissions
compared to conventional diesel
Recycling and Water Conservation
Our Navajo refinery implemented a project to
sell wastewater from its operations to
upstream operators to reduce the amount of
freshwater used in upstream operations in
Artesia, NM, a high-risk region for water
scarcity
Product Innovation
Developed Sonne Natural, a line of 100%
natural plant-based products, ENVIRON™
MV, a line of biodegradeable hydraulic oils,
and other oils and lubricants designed to
promote improved fuel economy, higher
energy efficiency and support alternative
energy systems
Social
"One HF Sinclair Culture" program instills
integrity, teamwork and ownership at every
level, as well as a focus and commitment to
safety, human capital management and
community relations, teamwork, ownership
and inclusion
Safety "Goal Zero"
Over the past five years ended December
31, 2022, our OSHA² total recordable
incident rate declined by 45%
Inclusion
Commitment to attracting, retaining and
developing a diverse and inclusive
workforce, including through partnerships
with historically Black colleges to offer
summer internship opportunities
Supporting our employees and
communities by investing in racially and
ethnically underrepresented groups,
women, and veterans through program
sponsorships
Human Capital Management
Invested in professional development
scholarships and education assistance
programs that enable employees of all
levels to enhance their skills and grow
professional
Community Relations
Active volunteering and philanthropic
involvement in communities where we
operate
Governance
Board leadership provides significant
industry expertise, alongside diverse
business, financial and environmental,
health and safety experience
Board level committees with specific
oversight over ESG matters include the
Compensation Committee, Environmental,
Health, Safety, and Public Policy
Committee and the Nominating,
Governance and Social Responsibility
Committee
10 of 13 directors independent, including
chair
2 board members are women
4 racially/ethnically diverse board members
Long standing commitment to ethical
behavior is inherently tied to how we do
business
Code of Business Conduct and Ethics
among governing principles
Executive compensation strongly aligned
with shareholders and long-term
performance
ROCE, TSR, Operational Efficiency, and
Safety drive performance pay
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1. Please see HF Sinclair 2021 Sustainability Report for additional ESG related information.
https://www.hfsinclair.com/sustainability/sustainability-report/default.aspx
2. OSHA: Occupational Safety and Health Act
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