1、Sustainable Business ReportAPRIL 2024OUR SUSTAINABLE BUSINESS MODEL3OUR SUSTAINABLE BUSINESS MODELHOW WE DO BUSINESSAt Berry,producing oil and gas in a responsible and efficient way is how we deliver value for our shareholders.Minimizing our environmental impact,including lowering the carbon intensi
2、ty of our operations,in a cost-effective manner is an integral part of our strategy and operational best practices.Berry is a proud energy partner and producer.We play an important role in providing ample,safe,reliable,and affordable energy,while we seek to responsibly manage our operations to mitig
3、ate potential environmental impacts.The majority of our operations are in California,where we conduct our business under some of the most rigorous and stringent environmental,health,safety,and climate requirements in the world.We seek to apply those same standards across our operations,where we can
4、and where practical for our assets and the geographies in which they are located.We take seriously our responsibility as environmental stewards.Our approach to sustainability is inextricably linked to our commitment to being a best-in-class operatorfor our shareholders,stakeholders,and the natural r
5、esources on which we dependin a way that seeks to mitigate risks and maximize opportunities to add value.We strive to continuously improve the ways in which we operate by investing in economical solutions and embracing practices that generate results.As a part of our goals to be a responsible and su
6、stainable energy producer we strive to maintain a safe and healthy working environment and a culture of empowerment for our employees.We are proud to support local economies,and we seek to support the people and communities where we live and work while delivering the energy that they need in their d