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Citgo names Steven Scarpino as first stand-alone CECO

By Aaron Nicodemus2021-04-26T20:02:00+01:00
Citgo Petroleum Corp. on April 22 announced the appointment of its first stand-alone chief compliance officer to report directly to the CEO and audit committee of the board of directors.
Steven Scarpino will serve as Citgo’s chief compliance and ethics officer, the company said in a press release. Scarpino previously worked as director of ethics and compliance at British Petroleum from 2009 to earlier this year, according to his LinkedIn profile.
“CITGO is committed to the highest standards of ethics, integrity and compliance – just as we are committed to excellence in operational performance,” said President and CEO Carlos Jordá in a press release. “Steven brings nearly two decades of leadership in corporate ethics and compliance, and we welcome him to this vitally important position at CITGO.” ....

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CITGO Releases First-Ever Report on Environmental, Social & Governance Initiatives

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. ....

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CITGO Releases First-Ever ESG Report

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HOUSTON, Dec. 29, 2020 /PRNewswire/ Marking a new chapter of heightened corporate transparency, responsibility and accountability, CITGO Petroleum Corporation today released its first-ever report detailing the company s extensive environmental, social and governance (ESG) initiatives. Information contained in this release highlights the Company s progress in 2019 consistent with the accompanying report, as well as certain elements of its 2020 ESG progress.
The new report, entitled A Clear Direction Forward, represents a significant shift in the company s prior approach to corporate responsibility reporting, with an increased emphasis on ethics and governance accountability.
A Clear Direction Forward places CITGO among a growing number of forward-thinking corporations choosing to issue regular ESG reports, a more comprehensive and transparent method of reporting sustainability and societal impact metrics to a broader group o ....

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