Social Investment

At Crestwood, we are dedicated to building and maintaining resilient relationships with communities by respecting their concerns, supporting local economic development and aligning those efforts with our core principle of integrity. We are proud of our diverse partnerships with the local communities where we operate.

Approach

Social investment is a central element of Crestwood’s community partnerships. We continuously seek out and invest in community-based projects and initiatives that align with our core principles. We work closely with local stakeholders to understand each community’s long-term needs and to direct our funding to initiatives that will have a lasting benefit. Our social investment approach is overseen by the chief financial officer at the leadership level and governed by our Board-level Sustainability Committee. The committee also provides feedback on our social investment strategy and reviews our annual social investment budget.

Employee Volunteerism

We enhanced our employee social investment programs in 2019 with the formation of volunteer councils in Houston and Kansas City. The councils oversee and govern “Crestwood in the Community", Crestwood's formal volunteer program. Council members are responsible for formulating and executing volunteer initiatives that are inline with our focus areas, with input and guidance from the Sustainability department.

The importance of volunteerism is felt throughout the company and we encourage employees across the organization to volunteer and support their local communities. Therefore, we established a volunteer day off for employees to take up to eight paid hours to volunteer at organizations they are passionate about. In 2019, Crestwood employees spent 2,555 hours of their time volunteering in the communities where we operate and live.

Employee giving programs are also an integral part of our corporate giving. Through the Crestwood Employee Matching Gift Program, contributions are matched dollar for dollar, up to $5,000, for our employees and retirees to support eligible community initiatives of their choosing. In 2019, Crestwood matched $62,660 in employee donations.

 

"We appreciate Crestwood's commitment to the future of STEM education and the work we are doing to provide hands-on STEM experiences for students across North Dakota. To be able to attract and keep students involved in STEM jobs across our state is very important. They don't just come about that in high school; it starts happening at a young age. Our partners at Crestwood understand that investment by industry is important for Gateway to Science to connect students with career pathways."

Portrait of Beth Demke, Gateway to Science

Beth Demke,
Executive Director,
Gateway to Science

Social Risk Assessment

As a part of our ongoing social investment strategy, we have committed to conducting Social Risk Assessments in key areas where we operate. A Social Risk Assessment enables the organization to systematically identify potential social impacts on people, the environment and the business, evaluate their relative significance and set priorities for mitigation. In March 2019, we conducted our first Social Risk Assessment in the Bakken in North Dakota. As a result, we enhanced our investments around Science, Technology, Engineering and Mathematics (STEM) education, scholarships, human trafficking and donations to emergency responders.

We continue to work with our community partners to identify opportunities that will achieve the greatest societal and business benefits, and also align with our strategy. 

 

Crestwood Scholarship Program

Crestwood is committed to providing real, lasting and sustainable benefits in education and workforce development that provide communities broad options for their future and build a highly skilled employee base for the regions where we operate. Therefore in 2019, Crestwood established a scholarship program for students pursuing a post-secondary STEM related degree. We identified six schools in the areas where we operate and offered $5,000 scholarships to 51 students in those areas, totaling $215,000. 

Education is a matter of building bridges.” It is with sincerest thanks, we appreciate the bridges you have built for our students. These students will go on to become engineers, mechanics, energy professionals and so much more. They add their talents to the community in which they live, not to mention their children will be far more likely to go on to college because they have a parent who has earned an education. You are building bridges, upon bridges."
— Casper College Foundation

 

Social Investment Focus Areas

We work with our community partners to identify opportunities that will achieve the greatest societal and business benefits and that align with our social investment strategy. Our giving is focused in four key areas: safety, education and workforce development, the environment and community vitality. In 2019, we donated $1.4 million to our communities. We believe that our contributions to the economic, environmental and social well-being of our communities will help create real, lasting and sustainable value.

Focus Area Safety Education and Workforce Development Environmental Stewardship Community Vitality
What

We invest in local safety initiatives and organizations that are important to communities

 

We invest in programs that help build a highly skilled employee base for our communities
We invest in programs that promote environmental stewardship

We invest in programs and projects that make positive impacts in the communities where we live and operate

 

Importance

Enhances the safety of our communities;

Supports our local first responders

Contributes to employee leadership development and engagement

Supports our commitment to environmental stewardship;

Educates communities on the importance of conservation and how they can contribute to its improvement

Helps make our communities vibrant and attractive places for our employees and neighbors to live and work
2019 Investment Total
$139M
$665M
$118M
$354M
Examples

Donated a portable air compressor trailer to McKenzie County emergency responders

 

Partnering with Truckers Against Trafficking

Initiated a Scholarship program for students pursuing STEM curriculum

 

Promoted STEM education in North Dakota through Gateway to Science

 

Improving the nation’s literacy rate with Barbara Bush Houston Literacy Foundation

 

Supporting education on the Fort Berthold Indian Reservation with the Crestwood Mahgiddashda Center opening

 

Supporting Sage-Grouse Conservation

 

Partnering with Pheasants Forever

 

Donated to the Wyoming Game and Fish Mobile Science Lab

Supporting cultural events such as the Mandaree Powwow

 

Partnering with Children’s Mercy Hospital

 

Working with Sky High for Kids to eliminate childhood cancer

2019 Social Investment by Focus Area

Safety
$139,000
Education and Workforce Development
$665,000
Environment
$118,000
Community Vitality
$354,000

Case Studies

Helping First-Responders in McKenzie County

Helping First-Responders in McKenzie County

At Crestwood, we place tremendous value on operating in a safe, reliable and sustainable manner. We exemplified this value by donating $45,000 to McKenzie County, the epicenter of the North Dakota oilfield, for the purchase of a new portable air compressor trailer. In the event of an emergency, the trailer will support self-contained breathing apparatuses (SCBAs) supplying breathable air to first responders rescuing people and extinguishing fires. The new trailer will enable McKenzie County first responders to safely fill their personal SCBAs onsite and respond to emergencies quickly, without interruption or delay.

Crestwood is also proud to be a Safety First Partner of the North Dakota Petroleum Council’s ONE BASIN-One Way! program, which provides a standardized safety orientation on more than 40 critical subjects. The program was designed by producers and contractors in the Bakken Shale play and offers a unique North Dakota perspective on the hazards of the region. We also pledged financial support for up to 25 first responders to participate in the ONE BASIN-One Way! program to further their safety education and training.

Sage- Grouse Conservation

Sage -Grouse Conservation

In October 2019, Crestwood donated $100,000 to the Wyoming Wildlife Foundation, an NGO dedicated to sustaining Wyoming’s wildlife, to support the Douglas Sage-Grouse Core Area (DCA) Restoration Team’s sage-grouse conservation and sagebrush reclamation efforts. The DCA is a multi-stakeholder group of community partners, of which we are a participating member, dedicated to sage-grouse habitat conservation in eastern Wyoming. Our donation will support DCA’S efforts to enhance sage-grouse seasonal habitats, restore previously disturbed habitats and help drive projects to identify local threats to sage-grouse. Since the DCA’s founding in 2012, the group has gathered more than 50 pounds of native Wyoming Big Sagebrush seed from the DCA to grow sagebrush seedlings. To date, DCA has planted more than 100,000 seedlings to help restore sage-grouse habitat, and treated over 3,000 acres of invasive cheatgrass, which is highly susceptible to wildfires and can threaten native sagebrush.

Tackling the Country’s Literacy Crisis

Tackling the Country's Literacy Crisis

Literacy has the power to improve lives by breaking the cycle of family poverty and enabling people to reach their full potential. In 2019, Crestwood partnered with the Barbara Bush Houston Literacy Foundation to combat literacy difficulties in Houston. Funding and volunteers from Crestwood directly pursued strategies proven to enhance literacy. For example, funding contributed to the My Home Library program, provides books to children and focuses on economically disadvantaged children, who are most likely to read below standard.

We also partnered with Junior Achievement (JA) in Houston and Kansas City. In 2019, approximately 28 employees taught JA courses in financial literacy to students at Gregory -Lincoln Education Center in Houston and Primitivo Garcia in Kansas City totaling 171 hours. Our JA volunteers helped the students learn entrepreneurial skills and increase their work readiness. JA students demonstrate a greater understanding of economics and business concepts after participation.

Supporting STEM Education in North Dakota

Supporting STEM Education in North Dakota

In 2019, Crestwood partnered with Gateway to Science to support the advancement of STEM education in North Dakota. We sponsored and volunteered at Gateway to Science on the Go events at four local high schools in the region to encourage students to learn more about STEM education in a fun and engaging way.

Crestwood is also proud to contribute funds for Gateway to Science to build a new state-of-the-art facility. The facility will house an expanded, interactive exhibit gallery, which will tell the story of innovation and opportunity in North Dakota with exhibits on energy, agriculture, health care, transportation and more. The facility will also feature an education wing including a laboratory classroom, indoor and outdoor learning areas and a flexible maker space for all ages.

 

Looking Ahead

We continually evaluate new potential community partnerships and work to build on existing partnerships. Despite market conditions, our mission is to continue to expand the positive impacts we have within our communities. In 2020, we plan to increase volunteerism and incorporate virtual volunteering opportunities while we can’t physically volunteer during the COVID-19 pandemic. We will continue to encourage employees to participate in our matching gift program. We will also continue to conduct social risk assessments in other regions where we operate to ensure that our investments are impactful in our communities.

 

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