CITGO Releases First-Ever Report on Environmental, Social & Governance Initiatives HOUSTON — For the first time ever, CITGO Petroleum Corp. released a report detailing its environment, social and governance (ESG) initiative. Titled A Clear Direction Forward, the report represents a significant shift in CITGO's approach to corporate responsibility reporting, with an increased emphasis on ethics and governance accountability, according to the company. "CITGO has never been more dedicated to our core values of environmental stewardship, integrity, respect, fairness, social responsibility, operational availability and competitiveness," said CITGO President and CEO Carlos Jordá. "This report shows those CITGO core values at work." Jordá cited improved corporate governance as a particular area of emphasis.