LOOP Social Contract
At LOOP, we take our license to operate seriously. We call it the LOOP Social Contract.
The LOOP Social Contract underpins our decisions and actions. Focusing on the future of energy is core to our mission. Today’s preeminent global challenge is balancing higher energy demand from a growing population with reducing greenhouse gas emissions. As LOOP operates, we strive to do no harm to people or the environment.
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In the rapidly changing world we live in, energy and the efficient use of natural resources play an important role in everyday life. Protecting and maintaining our communities and the environment while powering our lifestyles is a vital balance. The energy industry is evolving quickly as new production and competition for markets contend with shifting views on carbon and fossil fuel.
LOOP values the communities we operate in and we value every molecule of crude petroleum we move as an important link in the global energy supply. LOOP continually works to ensure its facilities operate as safely and efficiently as possible. In fact, LOOP uses 20% less energy today than it did five years ago.
We view all forms of energy as important tools to support a growing global population. The efficient use of crude petroleum will join renewables such as biomass, wind, solar and alternatives to power the world and support the reduction of poverty across the globe. LOOP views its role in growing and optimizing the Global Petroleum Marketplace as a steward in helping our communities flourish and allowing the world to use its resources in the most efficient way possible.
As LOOP advances into the future, we will be required to respond to the changing world. When we focus on Business Integrity, Diversity and Inclusion, Community Involvement and Safety and Environment, we position ourselves to meet global challenges and thrive in changing environments.