MASHINIi

ONEOK Inc.

OKE.US | Transport via pipeline

ONEOK, Inc. is a leading midstream service provider and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers. ONEOK provides gathering, processing, storage and transportation service...Show More

Ethical Profile

Mixed.

ONEOK Inc. has been linked to $38.4 million in water pollution penalties since 2000, raising environmental concerns. However, the company commits to a 30% reduction in combined Scope 1 and 2 greenhouse gas emissions by 2030, having achieved 50% of this target, including a 36% reduction in Scope 1 methane emissions. For its workforce, ONEOK reported its best safety year in 2022, achieving a 0.32 AREER in 2023 (30% better). Comprehensive benefits and employee resource groups are also provided. In 2023, ONEOK contributed $9.6 million to charities, over 35% supporting diversity and inclusion. An MSCI ESG Rating of AAA was received in 2024.

Value Scores

Better Health for All-30
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech30
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-30

ONEOK's core business involves providing midstream services for natural gas and natural gas liquids. These products, as fossil fuels, have significant negative health consequences through their combustion, leading to a negative net health effect from the company's principal services and 100% of its revenue being derived from activities with established negative health outcomes. The company's operations also generate health-harming externalities, primarily greenhouse gas emissions. However, ONEOK has undertaken substantial remediation efforts, achieving a 50% reduction in greenhouse gas emissions by 2023.

1
This contributes to improved community air quality and public health.
2
For several other health-related KPIs, such as price accessibility, vulnerable reach, pharma patent flexibility, nutrition and food safety, addiction mitigation, and clinical trial ethics, the company's business model does not directly involve these areas, resulting in a neutral impact. No specific evidence was found for other KPIs like safety record, risk transparency, health innovation investment, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, or healthcare education.

Fair Money & Economic Opportunity

0

ONEOK Inc. operates as a midstream service provider for natural gas and natural gas liquids, not a financial institution. As such, the company does not offer lending, deposit, or other financial products or services to consumers. This means all Key Performance Indicators related to financial services, such as customer credit, savings, lending practices, fee structures, and financial literacy programs, are not applicable to ONEOK Inc.'s core business operations. While ONEOK Inc. made charitable contributions of $9.6 million in 2023

1
and approximately $9 million in 2022,
2
with a portion of the 2023 funds ($3.36 million) supporting diversity and inclusion programs,
3
these donations are not considered "community finance reinvestment" or "financial inclusion initiatives" as defined by the specific scope of this value and its associated KPIs, which focus on financial products and services.

Fair Pay & Worker Respect

20

In 2024, ONEOK's Total Recordable Incident Rate (TRIR) was 0.31.

1
The CEO pay ratio for the 2024 fiscal year was 84:1.
2
Additionally, 298 of Kansas Gas Service's 976 employees, a division of ONEOK, are covered by a four-year labor agreement with the International Brotherhood of Electrical Workers Local Union No. 304 (IBEW), effective July 1, 2010.
3

Fair Trade & Ethical Sourcing

0

ONEOK Inc. has a Code of Business Conduct and Ethics and a Business Partner Code of Conduct that address ethical business practices, including human rights and diversity.

1
However, specific data on fair trade certifications, supply chain transparency, or audits related to ethical sourcing are not publicly available, making it challenging to assess performance against fair trade criteria.
2

Honest & Fair Business

-20

The company incurred approximately $1.73 million in regulatory fines over the past three years for various violations, including pipeline safety, air pollution, and water pollution.

1
A whistleblower policy is in place, prohibiting retaliation against employees for raising concerns and offering an independent, anonymous hotline.
2
All employees and directors receive annual training on the Code of Business Conduct and Ethics, which includes or relates to the whistleblower policy.
3
Additionally, a comprehensive anti-corruption policy exists, covering U.S. and foreign laws such as the FCPA and UK Bribery Act, with certain employees receiving additional anti-corruption training.
4

Kind to Animals

0

ONEOK Inc. is a midstream service provider focused on natural gas and NGL systems. Its core business model does not involve products requiring cruelty-free certification, animal testing, animal-derived ingredients, animal husbandry, or animal agriculture. Therefore, most KPIs related to these activities are not applicable and score 0. While the company engages in general environmental efforts like emissions reductions and minimizing spills, and has faced water pollution penalties, the provided articles do not offer measurable biodiversity impact from specific conservation initiatives or habitat restoration metrics required for the 'wildlife_conservation_impact' KPI, leading to its omission. Philanthropic grants to animal shelters are noted but do not constitute active engagement in animal welfare policy improvement.

1

No War, No Weapons

0

ONEOK Inc. operates as a midstream natural gas service provider, a civilian energy infrastructure business.

1
There is no evidence of the company's involvement in arms manufacturing.
2
A single historical contract for gas services with the Department of Veterans Affairs was noted in 2000, valued at $171,000, but no subsequent military contracts have been identified.
3
This indicates the company has no exposure to controversial weapons.

Planet-Friendly Business

-60

ONEOK's combined Scope 1 and Scope 2 greenhouse gas emissions are estimated at 6.23 million metric tons as of year-end 2023.

1
The company has a target to achieve an absolute 30% reduction, or 2.2 million metric tons, of its combined Scope 1 and Scope 2 emissions by 2030 from a 2019 baseline.
2
As of year-end 2023, ONEOK achieved reductions of approximately 1.1 million metric tons, representing 50% of its 2030 target.
3
Scope 1 methane emissions were reduced by 36% from a 2019 baseline.
4
The company's GHG reduction targets are not stated as SBTi-validated science-based targets. Initiatives include electrification of natural gas compression assets, methane emission mitigation, system optimizations, and exploring renewable energy, low-carbon fuels, hydrogen, and carbon capture, utilization, and storage projects.
5
The company received an MSCI ESG Rating of AAA in 2024.
6

Respect for Cultures & Communities

20

ONEOK has no reported cultural appropriation incidents. The company also reports no incidents disrupting cultural or heritage sites and states it carefully considers potential impacts on cultural resources.

1
Furthermore, ONEOK supports cultural preservation through its sponsorship of the ONEOK, Inc. Gallery at the Oklahoma History Center
2
and the Oklahoma Historical Society's 'We Are Who We Were' exhibit, which represents 38 federally recognized American Indian tribes.
3
The company is committed to fostering respectful relationships with Indigenous and Native American communities, acknowledging potential impacts, and engaging in good faith communication.
4

Safe & Smart Tech

30

ONEOK Inc. demonstrates a strong commitment to security training, requiring all employees to complete annual, job-specific security training

1
, including specific training for individuals with access to HIPAA-protected health information.
2
The company provides excellent user data control, allowing users to unsubscribe from email communications
3
, update account information
4
, adjust settings
5
, and manage cookies.
6
It also acknowledges California residents' privacy rights, including the right to know, access, correct, request deletion, and non-discrimination
7
, with a dedicated phone number for privacy requests.
8
Furthermore, ONEOK maintains good regulatory compliance, adhering to HIPAA for protected health information
9
, having its Cybersecurity Implementation Plan reviewed and approved by the TSA
10
, and acknowledging California privacy rights.
11

Zero Waste & Sustainable Products

0

No specific, concrete data points related to waste diversion rate, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging to product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles. explicitly states that no specific zero waste or circular economy programs were reported.

1

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.