History

ASRC is owned by and represents the business interests of its approximately 13,000 Iñupiaq shareholders. Corporate headquarters are based in Barrow, Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. As the largest Alaskan-owned company, employing nearly 12,000 people worldwide, the corporation serves shareholders who primarily reside in the eight villages within the region: Point Hope, Point Lay, Wainwright, Atqasuk, Barrow, Nuiqsut, Kaktovik, and Anaktuvuk Pass. Shareholders located outside of the region are located throughout Alaska, with a smaller number residing in the Lower 48. 

OUR LANDS

The Corporation owns title to nearly 5 million acres of land on Alaska’s North Slope which contain a high potential for oil, gas, coal and base metal sulfides. As stewards of this land, balancing management of cultural resources with natural resources is important to ASRC.

OUR HERITAGE

The history of our people reaches back thousands of years, and it serves as the foundation upon which we continue to build ASRC to benefit future generations. As Iñupiaq, we rely on the teachings of our ancestors, and live by the values passed on through countless generations.

Iñupiaq values guide us in actively managing our businesses, lands, resources, and business relationships. Our core values are the cornerstone of our success as a community and a corporation. They are combined with disciplined business practices to deliver high levels of performance and returns.

Our core values are Sharing, Family, Knowledge of Language, Hunting Traditions, Respect for Nature, Humility, Compassion, Resolution of Conflict, Respect for our elders and one another, Cooperation, Spirituality, and Humor.

Our Corporate History

In 2012, the board and executive management undertook an intensive strategic planning process, an ambitious agenda to mitigate risk factors and grow the Corporation. The new 2012-2017 Strategic Plan is an integrated approach to grow and diversity ASRC’s core base of business and further increase pre-tax earnings levels and dividend levels by 2017.

The new Strategic Plan focuses on key areas for the Corporation:

•             Mergers and acquisitions
•             Tax strategy
•             Operational excellence
•             Subsidiary strengths
•             Shareholder employment
•             Village and community economic health and well being

The Three Pillars to the ASRC Strategic Plan

The 2012-2017 Strategic Plan is built on 3 pillars:

1.            Finance
2.            Shareholder & Employee Growth
3.            Village & Community Economic Development​

At ASRC, we strongly believe that our blend of Iñupiaq and business values are uniquely combined to deliver high levels of performance and meaning. Our core values are the cornerstone of our success.

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PO BOX 129 BARROW AK 99723 (907) 852-8633