Content Indices

Value Reporting Foundation: SASB Standards

Oil & Gas – Exploration and Production, Sustainability Accounting Standard

TopicCodeAccounting MetricDisclosure
Disclosure Location
Greenhouse Gas EmissionsEM-EP-110a.1Gross global Scope 1 emissions, percentage methane, percentage covered under emissions-limiting regulationsFullClimate Metrics; Performance Metrics

Our operations are governed by local, state and federal regulations including those based on the Clean Air Act. This includes air permitting, emission standards, reporting, monitoring and recordkeeping standards.
EM-EP-110a.2Amount of gross global Scope 1 emissions from: (1) flared hydrocarbons, (2) other combustion, (3) process emissions, (4) other vented emissions, and (5) fugitive emissionsFullClimate Metrics; Performance Metrics
EM-EP-110a.3Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targetsFullCEO Letter; Targets
Air QualityEM-EP-120a.1Air emissions of the following pollutants: (1) NOx (excluding N2O), (2) SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter (PM10)None
Water ManagementEM-EP-140a.1(1) Total fresh water withdrawn, (2) total fresh water consumed, percentage of each in regions with High or Extremely High Baseline Water StressFullWater; Performance Metrics

Nearly all freshwater withdrawn from regions with high or extremely high water stress was consumed. Federal and state agencies authorize and monitor Chesapeake's surface and groundwater appropriation and beneficial uses.
EM-EP-140a.2Volume of produced water and flowback generated; percentage (1) discharged, (2) injected, (3) recycled; hydrocarbon content in discharged waterFullWater; Performance Metrics

We do not discharge any treated water to surface water or for land application.
EM-EP-140a.3Percentage of hydraulically fractured wells for which there is public disclosure of all fracturing fluid chemicals usedFullBiodiversity & Land Stewardship; Performance Metrics
EM-EP-140a.4Percentage of hydraulic fracturing sites where ground or surface water quality deteriorated compared to a baselineNoneBaseline water sampling is discussed in Water.
Biodiversity ImpactsEM-EP-160a.1Description of environmental management policies and practices for active sitesFullEnvironmental Management; Spill Prevention; Air Quality; Water; Biodiversity & Land Stewardship; Waste
EM-EP-160a.2Number and aggregate volume of hydrocarbon spills, volume in Arctic, volume impacting shorelines with ESI rankings 8-10, and volume recoveredFullSpill Prevention; Performance Metrics

We do not operate in the Arctic or in/near the shorelines referenced and therefore have no spills in these areas.
EM-EP-160a.3Percentage of (1) proved and (2) probable reserves in or near sites with protected conservation status or endangered species habitatNoneOur Biodiversity & Land Stewardship section highlights how we protect wildlife and their habitats during our operations.
Security, Human Rights & Rights of Indigenous PeoplesEM-EP-210a.1Percentage of (1) proved and (2) probable reserves in or near areas of conflictFullSince we operate only onshore and in the U.S., we do have operations in or near areas of conflict.
EM-EP-210a.2Percentage of (1) proved and (2) probable reserves in or near Indigenous landFullWe have no active operations on Indigenous land.
EM-EP-210a.3Discussion of engagement processes and due diligence practices with respect to human rights, Indigenous rights, and operation in areas of conflictFullHuman Rights
Community RelationsEM-EP-210b.1Discussion of process to manage risks and opportunities associated with community rights and interestsFullStakeholder Engagement; Community Investment; Owner Relations
EM-EP-210b.2Number and duration of non-technical delaysFullWe experienced no non-technical delays in 2021.
Workforce Health & SafetyEM-EP-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near miss frequency rate (NMFR), and (4) average hours of health, safety, and emergency response training for (a) full-time employees, (b) contract employees, and (c) short-service employeesPartialS.A.F.E. Culture; Incident Prevention; Performance Metrics
EM-EP-320a.2Discussion of management systems used to integrate a culture of safety throughout the exploration and production lifecycleFullS.A.F.E. Culture; Health and Well-Being; Occupational Health & Safety; Contractor Safety; Incident Prevention; Emergency Preparedness
Reserves Valuation & Capital ExpendituresEM-EP-420a.1Sensitivity of hydrocarbon reserve levels to future price projection scenarios that account for a price on carbon emissionsFullPortfolio Resilience
EM-EP-420a.2Estimated carbon dioxide emissions embedded in proved hydrocarbon reservesNone
EM-EP-420a.3Amount invested in renewable energy, revenue generated by renewable energy salesNoneWe utilize renewable energy sources as part of our daily operations, including solar to power certain site equipment. We continue to evaluate renewable energy investment as a potential forward-looking strategy for the company.
EM-EP-420a.4Discussion of how price and demand for hydrocarbons and/or climate regulation influence the capital expenditure strategy for exploration, acquisition, and development of assetsFullClimate Governance; Climate Strategy & Risk Management
Business Ethics & TransparencyEM-EP-510a.1Percentage of (1) proved and (2) probable reserves in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception IndexFullSince we operate only onshore and in the U.S., we do have reserves in countries as described by this standard.
EM-EP-510a.2Description of the management system for prevention of corruption and bribery throughout the value chainFullOperating with Integrity
Management of the Legal & Regulatory EnvironmentEM-EP-530a.1Discussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industryFullPolitical Participation; Climate Strategy & Risk Management
Critical Incident Risk ManagementEM-EP-540a.1Process Safety Event (PSE) rates for Loss of Primary Containment (LOPC) of greater consequence (Tier 1)None
EM-EP-540a.2Description of management systems used to identify and mitigate catastrophic and tail-end risksFullManaging Risk; Climate Strategy & Risk Management; Emergency Preparedness; Incident Prevention
Activity MetricsEM-EP-000.AProduction of: (1) oil, (2) natural gas, (3) synthetic oil, and (4) synthetic gasFull Oil: 44,222,274 bbl; Natural gas: 2,176,835,712 mcf; we do not produce synthetic oil or synthetic gas
EM-EP-000.BNumber of offshore sitesFull Zero locations; we only perform work onshore and in the U.S.
EM-EP-000.CNumber of terrestrial sitesFull 5,700 operated wells; Performance Metrics


Sustainability Reporting Guidance for the Oil and Gas Industry

CategoryIndicatorCore Reporting ElementsDisclosure LevelDisclosure Location
Governance and Business EthicsGOV-1: Governance ApproachC1: Describe your governance architecture, including the role of the board, board committees, board diversity, executives, managers, the workforce and stakeholdersFullAccountability & Compensation; Climate Governance
C2: Describe your code of conduct, values and principles and how they relate to sustainabilityFullOperating with Integrity
C3: Describe the way in which your board reviews sustainability issues, including risks and opportunities, supported by examples of their work in actionFullManaging Risk; Climate Strategy & Risk Management
C4: Provide an overview of, or list, your corporate policies that address sustainability issuesFullOperating with Integrity
C5: Set out how your board and executives monitor strategic performance and goalsFullCEO Letter; Operating with Integrity; Accountability & Compensation; Climate Strategy & Risk Management; Targets
GOV-2: Management SystemsC1: Describe the structure and scope of your management systems related to sustainability issues, including ethics and compliance (including the arrangements for non-operated joint ventures)PartialOperating with Integrity; Accountability & Compensation; Supply Chain Management
C2: Discuss how your system helps you assess and address impacts, risks and opportunities and develop actions to mitigate negative and foster positive
FullStakeholder Engagement; Managing Risk; Climate Strategy & Risk Management; Emergency Preparedness
C3: Describe your company-wide standards that set performance requirements for assets, including internal standards or external international/national standards that you followFullOperating with Integrity; Supply Chain Management
C4: Describe how your leadership team supports your system at all levels, including how they demonstrate their commitment and how you foster a strong, positive culture throughout the organizationFullOperating with Integrity; Our People; Accountability & Compensation
GOV-3: Preventing CorruptionC1: Describe your governance and management approach, policies, codes of conduct and internal controls, related to prevention of bribery and corruptionFullOperating with Integrity; Supply Chain Management
C2: Describe your employee awareness and training programmesFullOperating with Integrity
C3: Discuss how your anti-corruption policies and due diligence procedures apply to your business partners, including suppliers and contractorsFullSupply Chain Management
C4: Outline your processes for reporting, review and follow-up of suspected non-compliancesFullOperating with Integrity; Supply Chain Management
GOV-4: Transparency of Payments to Host GovernmentsC1: Provide a general overview of your policies and programmes on revenue transparencyFullWe only operate in the U.S., paying local, state and federal taxes. Our taxes paid are listed in Community Investment and Performance Metrics.
C2: Describe the scope of your legal and policy mandates for government revenue reporting with which you are obliged to complyN/ANot applicable – see above
C3: Describe your participation in the EITI, where relevant, or any other voluntary reporting initiatives on revenue transparencyN/ANot applicable – see above
C4: Disclose, or reference sources of disclosure for, your payments to host governments, where reporting is subject to governmental legal or policy mandates, or EITI requirementsN/ANot applicable – see above
GOV-5: Public Advocacy and LobbyingC1: Describe your governance approach and management processes on advocacy and lobbyingFullPolitical Participation
C2: Describe your approach to reporting political contributions, where applicable for your companyFullPolitical Participation
Climate Change and EnergyCCE-1: Climate Governance and StrategyC1: Describe your approach to governance and management of climate-related risks and opportunities; including board-level accountabilities and processes that allow related issues and impacts to be considered when making strategic business decisionsFullClimate Governance; Climate Strategy & Risk Management
C2: Report the highest-level position in your company that is accountable for policy and strategy on addressing climate-related risks and opportunitiesFullClimate Governance
C3: Disclose your positions and any related policies that address climate-related risks and opportunities for society and ecosystemsFullClimate Strategy & Risk Management
C4: Discuss the relationship between future energy supply/demand balances and your climate policy and strategy, including how the transition risk to lower-carbon energy may influence your asset base, business performance and valueFullClimate Strategy & Risk Management; Portfolio Resilience
CCE-2: Climate Risk and OpportunitiesC1: Describe your general approach to managing climate-related risks and opportunities, including discussion on:
· identification and evaluation of risks and opportunities
· incorporation of risks and opportunities are into business;
· strategies and planning for existing operations and new projects;
· risks and opportunities related to energy transition;
· risk mitigation opportunities through nature based solutions; and
· physical climate-related risks, such as rising sea levels or flood risk
PartialClimate Strategy & Risk Management
C2: Outline your GHG emissions management strategy, including plans, commitments, investments and activities to mitigate GHG emissions within your operationsFullClimate Strategy & Risk Management; Targets; Air Quality
C3: Explain how you assess, prioritize and manage methane risks and impacts as part of your overall GHG emissions management strategyFullClimate Strategy & Risk Management
C4: If you have quantitative GHG emission or energy-related targets, describe the:
· scope of your targets — total GHG, CO2, methane, other GHGs, energy use, and/or flaring;
· type of targets (absolute or intensity);
· targets already underway or planned;
· approach used to measure progress towards these targets; and
· baseline period and timescale, along with progress towards meeting your targets
FullClimate Metrics; Targets
CCE-3: Lower-Carbon TechnologyC1: Describe how you introduce and apply technologies that reduce CO2 emissions, that relate to:
• operations (Scope 1);
• imported electricity and steam (Scope 2); and
• as applicable, consumer use of products (Scope 3)
FullClimate Strategy & Risk Management; Air Quality
C2: As applicable, discuss your approach to supply of lower-carbon and/or alternative energy, including descriptions of relevant operational activities, plans or projects. If relevant, include:
• data on amount and type of energy supplied; and
• management of any associated social or environmental impact
PartialAir Quality
CCE-4: Greenhouse Gas (GHG) EmissionsC1: Report your company-wide direct GHG emissions (Scope 1), using your preferred approach (operational, equity share or other) to include:
• direct CO2;
• direct CH4; and
• direct other greenhouse gases
FullClimate Metrics; Performance Metrics
C2: Report your company-wide indirect GHG emissions related to imported energy (Scope 2), separate from direct emissions, using the same approach as for C1FullClimate Metrics; Performance Metrics
C3: Report your GHG emissions, disaggregated by business activity. For example, oil and gas production, refining.PartialAXPC Data
C4: Report your GHG emissions intensity, company-wide and, if appropriate, disaggregated by business activityPartialClimate Metrics; Performance Metrics
CCE-5: Methane EmissionsC1: Describe your approach to managing methane emissions, including:
• responsibilities for management of methane-related climate issues;
• risk assessment and mitigation plans; and
• direct or estimated measurement and monitoring methods
FullClimate Strategy & Risk Management; Climate Metrics; Targets; Air Quality; Performance Metrics
C2: Discuss your performance in managing methane emissions (as reported in CCE-4) by source and activity in terms of total absolute emissions and emission intensitiesNone
CCE-6: Energy UseC1: Report your company’s total energy useNone
C2: Discuss your initiatives and progress towards improving energy efficiency and consuming less energyFullAir Quality
CCE-7: Flared GasC1: Report the total quantity of hydrocarbon gas flared from your operationsFullRoutine flaring totals reported in Climate Metrics; Air Quality; Performance Metrics
C2: Indicate geographical locations of significant flaringNone
C3: State any commitments or targets you have set that relate to flaring, including collaboration with cross-industry initiativesFullHome Page; CEO Letter; Targets; Air Quality
C4: Report contribution of flaring to your total GHG emissions in CO2eNone
C5: Describe your current and future flare reduction activities, including long-term reduction improvements versus short-term operational fluctuationsFullTargets; Air Quality
EnvironmentENV-1: FreshwaterC1: Report the total volume of freshwater you withdrawPartialPerformance Metrics; Water
C2: Report the total volume of freshwater you consumeFullAXPC Data; Water
C3: Provide a list and/or a percentage of your projects and operations that are in water-stressed or water-scarce areasFullWater; Performance Metrics
C4: Report the percentage of freshwater you withdraw or consume in water-stressed or water-scarce areas, detailing how you reached that percentageFullPerformance Metrics
C5: Report the total reduction in freshwater withdrawn or consumed due to your water reduction measures, including water you replace or recycle/reuse within your reporting boundariesNone
ENV-2: Discharges to WaterC1: For upstream facilities, report the quantity of hydrocarbons (in metric tonnes) and/or annual average concentrations (in mg/l or ppm) in produced water and process wastewater that you discharge to surface waterFullWe do not discharge any treated water to surface water or for land application.
C2: For refineries and other downstream facilities, report the quantity of hydrocarbons (in metric tonnes) and/or annual average concentrations (in mg/l or ppm) that you discharge to surface waterN/ANot applicable
ENV-3: Biodiversity Policy and StrategyC1: Describe your biodiversity management approach, including policy, positions, goals, strategies, risk/impact assessments, mitigation plans and outcomes. This can include how you apply the mitigation hierarchy and international biodiversity standards in your operational planning, from early concept through to decommissioning.FullBiodiversity & Land Stewardship
C2: Provide examples or case studies of operating areas where you have put biodiversity management activities and adaptive management in placeFullBiodiversity & Land Stewardship
C3: Set out your processes for identifying and managing activities in sensitive operating areas, such as Biodiversity Actions Plans. Include the criteria you use to determine sensitivity and any applicable metricsFullBiodiversity & Land Stewardship
ENV-4: Protected and Priority Areas for Biodiversity ConservationC1: Provide a list and / or a percentage of your projects and operations that are in or near protected areas and priority sites for biodiversity conservationNone
C2: Describe your commitments, including avoidance and mitigation measures, that relate to projects and operations in or near protected areas and priority sites for biodiversity conservationFullBiodiversity & Land Stewardship
ENV-5: Emissions to AirC1: Report your total emissions, by category:
• volatile organic compounds (VOCs);
• sulphur oxides (SOx);
• nitrogen oxides (NOx)
C2: Discuss how you monitor and manage the impact of your operations on local air quality, including any technologies you use, such as those that remove or treat combustion emissions in operations or fuel productsFullAir Quality
ENV-6: Spills to the EnvironmentC1: Describe your strategies and risk-based approach to prevent accidental releases of hydrocarbons/other materials to the environmentFullSpill Prevention
C2: Report the number and volume of hydrocarbon spills greater than 1 bbl reaching the environmentFullSpill Prevention; Performance Metrics
C3: Provide case studies or examples of significant spills, as determined by the company, which may include descriptions of the following:
• your response measures to address immediate and long-term effects;
• any secondary effects on local communities and stakeholders;
• your stakeholder engagement;
• incident investigation findings, if available, including root-causes; and
• actions you are taking to prevent recurrence and share lessons
C4: Describe your emergency preparedness and response programmes, plans, organizational structures and affiliations for an effective response to spills and other emergencies. Your description may include the development and checking of contingency plans, including aspects such as training, skills development, and emergency response exercises.FullEmergency Preparedness; Spill Prevention
ENV-7: Materials ManagementC1: Describe your approach to materials management. This may include your operational strategies to optimize design, minimize the amount of materials you use, and promote efficient use while ensuring sustainable recovery and regeneration for further beneficial useFullWaste; Biodiversity & Land Stewardship
C2: Describe your efforts to minimize the generation and disposal of waste, to increase reuse and recycling and to continuously improve your materials management practicesFullWaste; Water
C3: Report the quantities of waste that you:
• generate;
• dispose; and
• recycle, reuse or recover
You may report hazardous and non-hazardous waste separately, or total waste, stating that this includes both hazardous and non-hazardous material
ENV-8: DecommissioningC1: Describe your approach to planning and executing decommissioning activities for offshore and onshore assetsPartialBiodiversity & Land Stewardship
C2: Provide information on management of materials recovered from decommissioning activities including any applicable data on the percentage of materials reuse and recycling, achieved or planned, for significant decommissioning projects (i.e. for major facilities such as offshore production rigs, refineries or major pipelines/terminals)None
Safety, Health and SecuritySHS-1: Safety, Health and Security EngagementC1: Describe your approach to managing workforce participation in safety, health and securityFullS.A.F.E. Culture; Health & Well-Being; Occupational Health & Safety; Contractor Safety
C2: Outline your overall approach to safety, health and security training for the employees and contractors that make up your workforce. Include information on whether training initiatives are extended to other parties, such as non-operated joint ventures, business partners, suppliers, security forces, public emergency response groups, consumers and local communities.FullS.A.F.E. Culture; Contractor Safety
C3: Discuss the coverage of your safety, health and security engagement programmes and the extent to which you include contractorsFullContractor Safety
SHS-2: Workforce HealthC1: Describe your processes and programmes for identifying and addressing significant workforce health issues at the local, regional and global level, together with any results and plansFullHealth & Well-Being; Occupational Health & Safety
C2: Describe aspects of your management systems that are specific to health and any improvements you have planned or madeFullCOVID-19 Response; Health & Well-Being; Occupational Health & Safety
C3: Describe your proactive wellness initiatives that encourage the adoption of healthier lifestyles, including nutrition, fitness and awareness of health risk factorsFullHealth & Well-Being
SHS-3: Occupational Injury and Illness IncidentC1: Report your work-related injuries separately for employees and contractors, including:
• total recordable injury frequency;
• lost time injury frequency;
• number of fatalities (excluding illness fatalities);
• fatal accident rate (excluding illness fatalities); and
• fatal incident rate
FullS.A.F.E. Culture; Performance Metrics
C2: Describe any significant incidents that occurred during your reporting year, detailing the impact and actions taken in responseFullIncident Prevention
C3: Describe any initiatives to improve your safety performanceFullS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety
C4: Describe safety incident trends and the most common causes of work-related incidents together with any initiatives you have introduced to address these causesPartialS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety; Incident Prevention
SHS-4: Transport SafetyC1: Describe your risk management approach to transport safety, including policies and practices required within your management systemsFullOccupational Health & Safety
C2: Report the number of work-related workforce (employee or contractor) fatalities caused by transport incidentsFullOccupational Health & Safety; Contractor Safety
C3: Describe your efforts to engage with external parties, including local communities and authorities, to improve transport safety, including education and training and implementation of new technologyNone
SHS-5: Product StewardshipC1: For petroleum consumer products, such as fuels, petrochemicals and hydrocarbon-derived polymers and lubricants, discuss your approach to product assessments, for new and existing products and how you address any findingsN/ANot applicable
C2: Describe how you communicate product HSE hazards and risk controls to your customers and the general public, including information on transportation and handling of productsN/ANot applicable
C3: Describe your approach to health, safety and environmental management of productsN/ANot applicable
SHS-6: Process SafetyC1: Number of Tier 1 process safety events reported separately for each major business activity, such as refining or upstreamNone
C2: Provide qualitative descriptions of any significant process safety events that occurred during the reporting year, including your response and lessons learned to prevent recurrenceNone
C3: Explain how you review your assessment and management of process safety risksNone
SHS-7: Security Risk ManagementC1: Describe your approach to security management for existing operations, projects planned or underway and new locations for business activities, including assessment of threats, vulnerabilities and risksFullCybersecurity; Emergency Preparedness
C2: Outline awareness and training processes that address security risks and threat response procedures for your workforce and how you make members of the community aware of relevant security risksFullCybersecurity; Emergency Preparedness
C3: Outline your management approach to promoting resilience to cybersecurity threats or attacksFullCybersecurity
SocialSOC-1: Human Rights Due DiligenceC1: Describe the components of your company’s human rights due diligence approach and how it is applied to company processes to assess, address, monitor and communicate actual or potential human rights impactsFullHuman Rights
C2: Describe processes and practices to provide access to remedy mechanisms at the local level, supported by specific examples as appropriateNone
C3: Describe how human rights considerations are factored into early phase decision making, including project siting and planning for new projects, with joint venture partners, and likewise for decommissioning or sale of operationsNone
C4: Outline the scope, content and tracking of human rights training programmes. You could include figures for people trained in a given year, the proportion trained against the population that may need training, and how you measure the effectiveness of training.None
C5: Report qualitative measures for tracking the effectiveness of implementation and the outcomes of policies and procedures. For example, human rights considerations when evaluating investments.None
SOC-2: Suppliers and Human RightsC1: Describe your approach and processes for promoting respect for human rights by your suppliersFullHuman Rights
C2: Describe how you screen and assess suppliers for social, environmental and human rights-related risksFullSupply Chain Management
SOC-3: Security and Human RightsC1: Describe your relevant policies, programmes and processes relating to security and human rightsFullHuman Rights
C2: Describe how your security and human rights policies, programmes and processes are implemented at the country, regional or facility-specific levelFullOur Human Rights Policy, Information Security Policy and Codes of Conduct apply to all of our operations across the U.S., including each of our field office locations.
C3: Describe communication efforts to implement your commitments on security and human rights with host governments and authorities, contractors and subcontractors, in your supply chain and civil societyN/AWe operate in the U.S. only and more than 99% of our suppliers are U.S. based.
SOC-4: Site-Based Labour Practices and Worker AccommodationC1: Describe your approach to the recruitment and employment of your site-based workforce, including how you communicate your expectations to your suppliers of contract labourFullOperating with Integrity; Contractor Safety; Supply Chain Management
C2: Describe your approach to monitoring and addressing on-site working conditions, including the quality of worker accommodationFullSupply Chain Management
C3: Describe your approach to engaging with contractor management and the workforce so that their recruitment, employment, working and living conditions are aligned with your company’s expectations and with relevant national or international laws, standards or guidelinesFullOperating with Integrity; Supply Chain Management
SOC-5: Workforce Diversity and InclusionC1: Describe your policies, programmes and procedures to promote workforce diversity and inclusion, and non-discriminationFullOperating with Integrity; DEI
C2: Provide workforce composition data for gender and/or other diversity categoriesFullOur People; DEI; Performance Metrics
C3: Discuss workforce composition, particularly with reference to your management positionsFullOur People; Performance Metrics
SOC-6: Workforce EngagementC1: Provide examples of how you engage with your workforce, including examples of approach, frequency, coverage, communication of results and action plansFullOur People; Careers
C2: Set out your approach to handling worker concerns and issuesFullCareers
SOC-7: Workforce Training and DevelopmentC1: Describe the key elements of your approach to training and developmentFullOperating with Integrity; Our People; S.A.F.E. Culture
C2: Illustrate how you implement training and development programmes, e.g. hours of training, training investment, number of staff trainedFullOur People; S.A.F.E. Culture; Performance Metrics
SOC-8: Workforce Non-Retaliation and Grievance MechanismsC1: Describe your policies, approach and/or mechanisms that aim to secure non-retaliation, non-discrimination and confidentiality when addressing grievances. This might extend to access to third-party independent grievance mechanisms.FullOperating with Integrity
SOC-9: Local Community Impacts and EngagementC1: Discuss your approach to engagement with relevant stakeholders, including communities, civil society (including human rights defenders), other companies and/or governmentsFullStakeholder Engagement; Community Investment; Owner Relations
C2: Describe your policies, programmes or procedures for:
• assessing and addressing local community impacts, including archeological, historic and cultural sites, and how these considerations are embedded into early phase planning and site/route selection;
• engaging with affected stakeholders and responding to their grievances and concerns;
• monitoring the effectiveness of the steps you take to prevent, mitigate and resolve adverse impacts; and
• public disclosure of information on your activities and management of impacts
FullStakeholder Engagement; Operating with Integrity; Community Investment; Owner Relations; Biodiversity & Land Stewardship
C3: Provide case studies that illustrate the effectiveness and results of your engagement with stakeholders and/or how you have managed any impact on local communities, their environmental and cultural resourcesNone
SOC-10: Indigenous PeoplesC1: Describe your policies, programmes, procedures and practices used to:
• identify and address your impacts on Indigenous Peoples;
• train your staff on engagement and consultation with Indigenous Peoples;
• engage with Indigenous Peoples to seek a formal agreement or FPIC where needed and to address their grievances, concerns and expectations;
• collaborate on opportunities that create mutual benefits; and
• increase Indigenous participation through employment and business opportunities
PartialHuman Rights
SOC-11: Land Acquisition and Involuntary ResettlementC1: Describe your policies, programmes and procedures for involuntary resettlement, including engagement processes and practices with affected communities, including any international standards you have usedN/ANot applicable
C2: Describe your policies, programmes and procedures for land acquisition, including relationship with compulsory purchase/eminent domain when in the public interestFullOwner Relations
SOC-12: Community Grievance MechanismsC1: Describe your community and stakeholder grievance mechanismsFullOperating with Integrity; Stakeholder Engagement; Owner Relations
C2: Describe your policies, approach and/or mechanisms for receiving, responding to and resolving external grievances, covering your efforts to manage confidentiality and avoid retaliationFullOperating with Integrity; Stakeholder Engagement; Owner Relations
SOC-13: Social InvestmentC1: Describe your social investment strategies, programmes and proceduresFullCommunity Investment; Charitable
C2: Report your company’s total social investment expenditureFullPerformance Metrics
SOC-14: Local Procurement and Supplier DevelopmentC1: Describe your strategies, programmes and procedures that are designed to improve the ability of local suppliers and contractors to support operations and projects, such as actions that help local suppliers meet company and international standardsFullSupply Chain Management
SOC-15: Local Hiring PracticesC1: Describe your strategies, programmes and procedures aimed at providing employment opportunities to residents or nationals of host countriesFullWe only operate in the U.S. and list our employment numbers in Our People and Performance Metrics, as well as our supplier figures within Supply Chain Management.

Task Force on Climate-related Disclosures (TCFD)

CategoryDescriptionDisclosure LevelDisclosure Location
Disclose the organization’s governance around climate-related risks and opportunities.
a) Describe the Board’s oversight of climate-related risks and opportunities.

b) Describe management’s role in assessing and managing climate-related risks and opportunities.
FullClimate Governance
Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning where such information is material.
a) Describe the climate-related risks and opportunities the organization has identified over the short, medium and long term.

b) Describe the impact of climate-related risks and opportunities on the organization’s business, strategy and financial planning.

c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.
FullClimate Strategy & Risk Management; Portfolio Resilience
Risk Management
Disclose how the organization identifies, assesses and manages climate-related risks.
a) Describe the organization’s processes for identifying and assessing climate-related risks.

b) Describe the organization’s processes for managing climate-related risks.

c) Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management.
FullClimate Strategy & Risk Management; Air Quality; Managing Risk
Metrics and Targets
Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.
a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk-management process.

b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.
FullClimate Metrics; Targets; Performance Metrics

GRI G4 Standards (2016 – 2021)

GRI 102: General Disclosures  
IndicatorIssueDisclosure LevelDisclosure Location
102-1Name of the organizationFullReporting Guidance
102-2Activities, brands, products and servicesFullReporting Guidance
102-3Location of headquartersFullReporting Guidance
102-4Location of operationsFullReporting Guidance
102-5Ownership and legal formFullReporting Guidance
102-6Markets servedFullReporting Guidance; Stakeholder Engagement
102-7Scale of the organizationFullReporting Guidance; Performance Metrics
102-8Information on employees and other workersFullOur People; Contractor Safety; Performance Metrics
102-9Supply chainFullSupply Chain Management
102-10Significant changes to the organization and its supply chainFullOn March 9, 2022, Chesapeake completed the acquisition of Chief E&D Holdings. This is in addition to the acquisition of Vine Energy Inc. on November 1, 2021. These organizations were integrated into Chesapeake, including our supply chain management system as described on our Supply Chain section.
102-11Precautionary principle or approachNone
102-12External initiativesFullResponsibly Sourced Gas; COVID-19 Response; TCFD Content Index; S.A.F.E. Culture; Emergency Preparedness; Human Rights
102-13Membership of associations FullPolitical Participation; Air Quality
102-14Statement from senior decision-makerFullCEO Letter
102-15Key impacts, risks and opportunitiesFullReporting Guidance; Managing Risk; Climate Strategy & Risk Management
102-16Values, principles, standards and norms of behavior FullOur Culture; Operating with Integrity
102-17Mechanisms for advice and concerns about ethicsFullOperating with Integrity; Accountability & Compensation; Human Rights
102-18Governance structure FullAccountability & Compensation; Climate Governance
102-19Delegating authority FullAccountability & Compensation; Climate Governance
102-20Executive-level responsibility for economic, environmental and social topics FullAccountability & Compensation; Climate Governance
102-21Consulting stakeholders on economic, environmental and social topics FullStakeholder Engagement; Accountability & Compensation; Climate Governance
102-22Composition of the highest governance body and its committees FullAccountability & Compensation
102-23Chair of the highest governance body FullAccountability & Compensation
102-24Nominating and selecting the highest governance body FullAccountability & Compensation
102-25Conflicts of interest FullOperating with Integrity
102-26Role of highest governance body in setting purpose, values and strategyFullOur Culture; Operating with Integrity; Accountability & Compensation
102-27Collective knowledge of highest governance bodyFullAccountability & Compensation; Climate Governance
102-28Evaluating the highest governance body’s performance FullProxy Statement
102-29Identifying and managing economic, environmental and social impactsPartialManaging Risk; Incident Prevention; Environmental Management
102-30Effectiveness of risk management processes FullAccountability & Compensation; Managing Risk; Climate Governance
102-31Review of economic, environmental and social topicsFullOur Board of Directors meets at least four times a year and Board committees meet even more regularly. Each committee reviews direct or indirect ESG issues during its meetings.
102-32Highest governance body’s role in sustainability reporting FullOur Board of Directors reviews our sustainability reporting. The Board’s ESG Committee Committee plays the largest role in engaging with reporting practices.
102-33Communicating critical concernsFullOperating with Integrity; Managing Risk
102-34Nature and total number of critical concernsNone
102-35Remuneration policiesFullProxy Statement
102-36Process for determining remuneration FullProxy Statement
102-37Stakeholders’ involvement in remuneration None
102-38Annual total compensation ratioNone
102-39Percentage increase in annual total compensation ratioNone
102-40List of stakeholder groups FullStakeholder Engagement
102-41Collective bargaining agreementsFullWe had no employees engaged in collective bargaining agreements in 2021.
102-42Identifying and selecting stakeholders FullWe engage with all stakeholders impacted directly by our business as noted in the Stakeholder Engagement section.
102-43Approach to stakeholder engagementFullStakeholder Engagement
102-44Key topics and concerns raisedFullReporting Guidance; Stakeholder Engagement
102-45Entities included in the consolidated financial statementsFullThe filing entity is Chesapeake Energy Corporation and our Form 10-K includes an exhibit (Exhibit 21) of significant subsidiaries.
102-46Defining report content and topic boundaries FullReporting Guidance
102-47List of material topics FullReporting Guidance
102-48Restatements of informationFullWe had no restatements of information from 2020 to 2021 sustainability reporting.
102-49Changes in reporting FullWe had no significant changes in 2021 from previous reporting periods related to material topics.
102-50Reporting period FullReporting Guidance
102-51Date of most recent report FullReporting Guidance; CEO Letter
102-52Reporting cycleFullReporting Guidance
102-53Contact point for questions regarding the report
102-54Claims of reporting in accordance with the GRI StandardsFullReporting Guidance
102-55GRI content indexFullContent Indices
102-56External assurance PartialCertain significant data points were verified by a third party, as noted in Reporting Guidance and Climate Metrics.
GRI 103: Management Approach 
IndicatorIssueDisclosure LevelDisclosure Location
103-1Explanation of the material topic and its boundaryPartialReporting Guidance
103-2The management approach and its components PartialWe discuss management approaches throughout our report with specific emphasis on the CEO Letter; Reporting Guidance; Managing Risk; Cybersecurity; Climate Strategy & Risk Management sections.
103-3Evaluation of the management approachPartialManaging Risk; Cybersecurity; Climate Strategy & Risk Management; S.A.F.E. Culture
GRI 201: Economic Performance 
IndicatorIssueDisclosure LevelDisclosure Location
201-1Direct economic value generated and distributedPartialPerformance Metrics; Community Investment
201-2Financial implications and other risks and opportunities due to climate changeFullClimate Strategy & Risk Management
201-3Defined benefit plan obligations and other retirement plansPartialOur People
201-4Financial assistance received from governmentN/ANot applicable
GRI 202: Market Presence 
IndicatorIssueDisclosure LevelDisclosure Location
202-1Ratios of standard entry level wage by gender compared to local minimum wageNone
202-2Proportion of senior management hired from the local communityNone

GRI 203: Indirect Economic Impacts 
IndicatorIssueDisclosure LevelDisclosure Location
203-1Infrastructure investments and services supportedPartialCommunity Investment
203-2Significant indirect economic impactsPartialCommunity Investment; Owner Relations
GRI 204: Procurement Practices 
IndicatorIssueDisclosure LevelDisclosure Location
204-1Proportion of spending on local suppliers FullSupply Chain Management
GRI 205: Anti-Corruption 
IndicatorIssueDisclosure LevelDisclosure Location
205-1Operations assessed for risks related to corruptionPartialHuman Rights
205-2Communication and training about anti-corruption policies and proceduresPartialOperating with Integrity
205-3Confirmed incidents of corruption and actions takenNone
GRI 206: Anti-Competitive Behavior 
IndicatorIssueDisclosure LevelDisclosure Location
206-1Legal actions for anti-competitive behavior, anti-trust and monopoly practicesFullAny material litigation or threatened litigation is noted in our annual 10-K.
GRI 301: Materials 
IndicatorIssueDisclosure LevelDisclosure Location
301-1Materials used by weight or volumePartialWater; Performance Metrics
301-2Recycled input materials usedPartialWater; Performance Metrics
301-3Reclaimed products and their packaging materialsN/ANot applicable
GRI 302: Energy 
IndicatorIssueDisclosure LevelDisclosure Location
302-1Energy consumption within the organizationNone
302-2Energy consumption outside of the organizationNone
302-3Energy intensityNone
302-4Reduction of energy consumptionNone
302-5Reductions in energy requirements of products and servicesNone
GRI 303: Water and Effluents 
IndicatorIssueDisclosure LevelDisclosure Location
303-1Interactions with water as a shared resourcePartialWater
303-2Management of water discharge-related impactsFullWe did not discharge any treated water to surface water or for land application in 2021.
303-3Water withdrawalPartialWater; Performance Metrics
303-4Water dischargeFullWe did not discharge any treated water to surface water or for land application in 2021.
303-5Water consumptionPartialWater; Performance Metrics
GRI 304: Biodiversity 
IndicatorIssueDisclosure LevelDisclosure Location
304-1Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areasPartialBiodiversity & Land Stewardship
304-2Significant impacts of activities, products and services on biodiversity None
304-3Habitats protected or restored PartialBiodiversity & Land Stewardship
304-4IUCN Red List species and national conservation list species with habitats in areas affected by operationsNone
GRI 305: Emissions 
IndicatorIssueDisclosure LevelDisclosure Location
305-1Direct (Scope 1) GHG emissionsFullClimate Metrics; Performance Metrics
305-2Energy indirect (Scope 2) GHG emissionsFullClimate Metrics; Performance Metrics
305-3Other indirect (Scope 3) GHG emissionsFullClimate Metrics; Performance Metrics
305-4GHG emissions intensityFullClimate Metrics; Performance Metrics
305-5Reduction of GHG emissionsFullPerformance Metrics
305-6Emissions of ozone-depleting substances (ODS)None
305-7Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissionsNone
GRI 306: Waste 
IndicatorIssueDisclosure LevelDisclosure Location
306-1Waste generation and significant waste-related impactsPartialWaste
306-2Management of significant waste-related impactsPartialWaste
306-3Waste generatedPartialWaste
306-4Waste diverted from disposalPartialWaste; Water
306-5Waste directed to disposalNone
GRI 308: Supplier Environmental Assessment 
IndicatorIssueDisclosure LevelDisclosure Location
308-1New suppliers that were screened using environmental criteriaFullSupply Chain Management
308-2Negative environmental impacts in the supply chain and actions takenNone
GRI 401: Employment 
IndicatorIssueDisclosure LevelDisclosure Location
401-1New employee hires and employee turnoverPartialPerformance Metrics
401-2Benefits provided to full-time employees that are not provided to temporary or part-time employeesFullOur People
401-3Parental leave PartialOur People; DEI
GRI 402: Labor/Management Relations 
IndicatorIssueDisclosure LevelDisclosure Location
402-1Minimum notice periods regarding operational changes Full We report any material changes to our strategy and operations in our 10-K and 10-Q disclosures.
GRI 403: Occupational Health and Safety 
IndicatorIssueDisclosure LevelDisclosure Location
403-1Occupational health and safety management systemFullS.A.F.E. Culture
403-2Hazard identification, risk assessment and incident investigationFullS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety; Incident Prevention
403-3Occupational health servicesFullS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety; Incident Prevention
403-4Worker participation, consultation and communciation on occupational health and safetyPartialS.A.F.E. Culture
403-5Worker training on occupational health and safetyFullS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety; Emergency Preparedness
403-6Promotion of worker healthFullCOVID-19 Response; Health & Well-Being; Occupational Health & Safety
403-7Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsFullOccupational Health & Safety; Incident Prevention
403-8Workers covered by an occupational health and safety management systemPartialOur HSER management system, which includes occupational health and safety standards, complies with OSHA requirements and covers all of our employees. All contractors are expected to abide by the minimum safety requirements and expectations set forth in our Contractor Handbook and Supplier Code of Conduct.
403-9Work-related injuriesPartialS.A.F.E. Culture; Occupational Health & Safety; Contractor Safety; Performance Metrics
403-10Work-related ill healthNone
GRI 404: Training and Education 
IndicatorIssueDisclosure LevelDisclosure Location
404-1Average hours of training per year per employeePartialPerformance Metrics
404-2Programs for upgrading employee skills and transition assistance programsFullOur People
404-3Percentage of employees receiving regular performance and career development reviewsFullOur People
GRI 405: Diversity and Equal Opportunity 
IndicatorIssueDisclosure LevelDisclosure Location
405-1Diversity of governance bodies and employeesPartialAccountability & Compensation; DEI
405-2Ratio of basic salary and remuneration of women to menNone
GRI 406: Non-Discrimination 
IndicatorIssueDisclosure LevelDisclosure Location
406-1Incidents of discrimination and corrective actions takenNone
GRI 407: Freedom of Association and Collective Bargaining  
IndicatorIssueDisclosure LevelDisclosure Location
407-1Operations and suppliers in which the right to freedom of association and collective bargaining may be at riskFullWe are not aware of instances where freedom of association and/or collective bargaining was at risk. We further mention this in our Human Rights section.
GRI 408: Child Labor 
IndicatorIssueDisclosure LevelDisclosure Location
408-1Operations and suppliers at significant risk for incidents of child laborFullBecause we only operate in the U.S. and more than 99% of our suppliers are U.S. based, we do not have operations and suppliers at significant risk for child labor incidents. This is also addressed in our human rights policy within the Human Rights section.
GRI 409: Forced or Compulsory Labor 
IndicatorIssueDisclosure LevelDisclosure Location
409-1Operations and suppliers at significant risk for incidents of forced or compulsory laborBecause we only operate in the U.S. and more than 99% of our suppliers are U.S. based, we do not have operations and suppliers at significant risk for forced or compulsory labor incidents. This is also addressed in our human rights policy within the Human Rights section.
GRI 410: Security Practices 
IndicatorIssueDisclosure LevelDisclosure Location
410-1Security personnel trained in human rights policies or proceduresFullHuman Rights
GRI 411: Rights of Indigenous Peoples 
IndicatorIssueDisclosure LevelDisclosure Location
411-1Incidents of violations involving rights of Indigenous peoplesFullWe had no incidents of violations involving rights of Indigenous peoples.
GRI 413: Local Communities 
IndicatorIssueDisclosure LevelDisclosure Location
413-1Operations with local community engagement, impact assessments, and development programsFullCommunity Investment; Owner Relations; Charitable
413-2Operations with significant actual and potential negative impacts on local communitiesNone
GRI 414: Supplier Social Assessment 
IndicatorIssueDisclosure LevelDisclosure Location
414-1New suppliers that were screened using social criteriaPartialAs part of our screening process all suppliers must commit to and abide by the social criteria outlined in our Supplier Code of Conduct.
414-2Negative social impacts in the supply chain and actions takenNone
GRI 415: Public Policy 
IndicatorIssueDisclosure LevelDisclosure Location
415-1Political contributionsFullPolitical Participation
GRI 416: Customer Health and Safety 
IndicatorIssueDisclosure LevelDisclosure Location
416-1Assessment of the health and safety impacts of product and service categoriesNone
416-2Incidents of non-compliance concerning the health and safety impacts of products and servicesN/ANot applicable
GRI 417: Marketing and Labeling 
IndicatorIssueDisclosure LevelDisclosure Location
417-1Requirements for product and service information and labelingN/ANot applicable
417-2Incidents of non-compliance concerning product and service information and labelingN/ANot applicable
417-3Incidents of non-compliance concerning marketing communicationsN/ANot applicable
GRI 418: Customer Privacy 
IndicatorIssueDisclosure LevelDisclosure Location
418-1Substantiated complaints concerning breaches of customer privacy and losses of customer dataFullWe had no instances of substantiated compliants concerning breaches of customer privacy and losses of customer data in 2021.

Back to Top