ONEOK remains focused on our vision to create exceptional value for our stakeholders by providing solutions for a transforming energy future and on our mission to deliver energy products and services vital to an advancing world.
As we have grown our business and expanded our operational footprint over the years, we have also strengthened our commitment to improve our companywide sustainability program, practices and performance. We continue to actively research opportunities that will complement our extensive midstream assets and expertise, strengthening the role we expect to play in the transformation to a lower-carbon economy.
ONEOK’s long-term business strategy includes potential renewable energy and low-carbon investment opportunities that contribute to long-term growth, profitability and business diversification.
Key business groups focused on enhancing ONEOK’s vital role in a transforming energy future include:
Alternative Energy Solutions:
focused on the evaluation and development of renewable energy and low-carbon projects. This group is actively evaluating opportunities that will complement our extensive midstream assets and expertise, strengthening the role we expect to play in the transformation to a lower-carbon economy.
ONEOK Capital Ventures:
focused on pursuing investments in early-stage energy technology companies.
tasked with promoting sustainable practices and awareness in business planning and operations processes, and maintaining environmental and safety compliance across ONEOK’s operations. A key focus area includes greenhouse gas (GHG) emissions and reductions.
These groups are working collaboratively with ONEOK business segments, customers, service providers and various government agencies to identify potential low-carbon or emission-reducing projects or investments. Examples of opportunities under evaluation include:
ONEOK participates in multiple low-carbon and sustainable energy-focused initiatives and research projects such as:
In addition, ONEOK Capital Ventures is focused on exploring and investing in innovative technologies that tie to our core business and seek to provide solutions for a transforming energy future. We work with other energy companies to support new technologies and also may make direct equity investments in early-stage energy technology companies that are intended to help to improve our operations and are aligned with the energy transformation. Recent investments include: