Arctic Slope Regional Corporation

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The Inupiat people have survived the rigors of the Arctic for centuries, and now they’re surviving in the business world. The Inupiat-owned Arctic Slope Regional Corporation (ASRC) was set up to own and manage 5 million acres on Alaska’s North Slope after the Alaska Native Claims Settlement Act in 1971 cleared the way for oil development in the area. ASRC gets the bulk of its of sales from its energy services subsidiary (ASRC Energy Services) and its petroleum refining and marketing unit (Petro Star). Other operations include construction, engineering, and governmental services.

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2.8

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Energy & Utilities

ESG/Ethical Impact

Arctic Slope Regional Corporation’s mission is to actively manage our businesses, our lands and resources, our investments and our relationships to enhance Iñupiaq cultural and economic freedom – with continuity, responsibility and integrity. Arctic Slope Regional Corporation’s core values are the cornerstone of its success as a community partner and as a company: spirituality, respect for each other, our culture as Iñupiat, high performance, stewardship, our business relationships, resolution of conflict and integrity. Alaska’s North Slope is a vast and ancient land that the Iñupiat have called home for more than 10,000 years. It is located on the northern slope of the Brooks Range, along the coast of the Chukchi Sea on the western side of Point Barrow, and the Beaufort Sea to the east. There are eight distinct villages in our region, each with a unique story to tell. At Arctic Slope Regional Corporation, our ultimate goal is to provide the greatest amount of benefit to the greatest number of our shareholders, and Iñupiaq values provide the foundation for all business decisions we make. The 2018-2023 Strategic Plan takes an integrated approach to grow and diversify ASRC’s core base of businesses and includes some ambitious benchmark goals, including our overarching measure of success to become one of the top 100 largest private companies in the United States.

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Awards Received

2023

Revenues

$3,400,000,000.00

Website Traffic

Employee Rating

4

Customer Rating

3.7

Company Size

10000+

ESG Risk Rating

3

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