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Diversified Energy Demonstrates Innovation, Collaboration, and Responsibility in 2024 Sustainability Report

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Diversified Energy Company (NYSE: DEC) has released its sixth annual Sustainability Report, showcasing significant environmental and operational achievements in 2024. The company, positioning itself as the champion of managing proved, developed, producing (PDP) assets, reported notable improvements in several key areas:

  • Reduced methane intensity by ~13% year-over-year to 0.7 MT CO2e per MMcfe, marking a 56% reduction since 2020
  • Achieved a 30% reduction in Total Recordable Incident Rate (TRIR) and a 38% decrease in motor vehicle incidents
  • Eliminated or converted 459 pneumatic devices to non-emitting status
  • Conducted 152,000 voluntary emission detection surveys with a ~98% no-leak rate
  • Maintained Oil and Gas Methane Partnership 2.0 Gold Standard for third consecutive year

The company's economic impact remained strong, contributing over $1 billion to state GDPs for the third consecutive year, while community outreach included $2.1 million in contributions and support programs, with 25% directed to socio-economically disadvantaged regions.

Diversified Energy Company (NYSE: DEC) ha pubblicato il suo sesto Rapporto Annuale sulla Sostenibilità, evidenziando significativi risultati ambientali e operativi nel 2024. L'azienda, che si posiziona come leader nella gestione degli asset provati, sviluppati e in produzione (PDP), ha riportato notevoli miglioramenti in diversi settori chiave:

  • Riduzione dell'intensità di metano di circa il 13% anno su anno a 0,7 MT CO2e per MMcfe, segnando una riduzione del 56% dal 2020
  • Raggiunta una riduzione del 30% nel Tasso di Incidenti Registrabili Totali (TRIR) e una diminuzione del 38% negli incidenti stradali
  • Eliminati o convertiti 459 dispositivi pneumatici a uno stato non emittente
  • Condotte 152.000 indagini volontarie di rilevamento delle emissioni con un tasso di assenza di perdite di circa il 98%
  • Mantenuto lo Standard Oro della Partnership per il Metano nel Settore Oil and Gas 2.0 per il terzo anno consecutivo

L'impatto economico dell'azienda è rimasto forte, contribuendo con oltre 1 miliardo di dollari ai PIL statali per il terzo anno consecutivo, mentre le attività di outreach nella comunità hanno incluso 2,1 milioni di dollari in contributi e programmi di supporto, con il 25% destinato a regioni socio-economicamente svantaggiate.

Diversified Energy Company (NYSE: DEC) ha publicado su sexto Informe Anual de Sostenibilidad, destacando logros ambientales y operativos significativos en 2024. La empresa, posicionándose como líder en la gestión de activos probados, desarrollados y en producción (PDP), reportó mejoras notables en varias áreas clave:

  • Reducción de la intensidad de metano de aproximadamente el 13% año tras año a 0,7 MT CO2e por MMcfe, marcando una reducción del 56% desde 2020
  • Lograda una reducción del 30% en la Tasa Total de Incidentes Registrables (TRIR) y una disminución del 38% en incidentes de vehículos motorizados
  • Eliminados o convertidos 459 dispositivos neumáticos a un estado no emisor
  • Realizadas 152.000 encuestas voluntarias de detección de emisiones con una tasa de no fuga de aproximadamente el 98%
  • Mantenido el Estándar Oro de la Asociación de Metano en el Sector de Petróleo y Gas 2.0 por tercer año consecutivo

El impacto económico de la empresa se mantuvo fuerte, contribuyendo con más de 1 mil millones de dólares al PIB estatal por tercer año consecutivo, mientras que el alcance comunitario incluyó 2.1 millones de dólares en contribuciones y programas de apoyo, con un 25% dirigido a regiones socioeconómicamente desfavorecidas.

다양화된 에너지 회사 (NYSE: DEC)는 2024년의 중요한 환경 및 운영 성과를 보여주는 여섯 번째 연례 지속 가능성 보고서를 발표했습니다. PDP(입증된, 개발된, 생산 중인) 자산 관리를 선도하는 회사로 자리 잡은 이 회사는 여러 주요 분야에서 주목할 만한 개선을 보고했습니다:

  • 메탄 강도를 연간 약 13% 감소시켜 MMcfe당 0.7 MT CO2e에 도달했으며, 이는 2020년 이후 56% 감소한 수치입니다
  • 총 기록 가능한 사고율(TRIR)을 30% 감소시키고 자동차 사고를 38% 줄였습니다
  • 459개의 공압 장치를 제거하거나 비배출 상태로 전환했습니다
  • 약 98%의 누출 없는 비율로 152,000건의 자발적 배출 탐지 조사를 실시했습니다
  • 3년 연속으로 석유 및 가스 메탄 파트너십 2.0 골드 스탠다드 유지

회사의 경제적 영향력은 여전히 강력하여, 3년 연속으로 주 GDP에 10억 달러 이상 기여했으며, 지역 사회 outreach는 210만 달러의 기부 및 지원 프로그램을 포함하였고, 그 중 25%는 사회경제적으로 불리한 지역에 할당되었습니다.

Diversified Energy Company (NYSE: DEC) a publié son sixième Rapport Annuel sur la Durabilité, mettant en avant des réalisations environnementales et opérationnelles significatives pour 2024. L'entreprise, se positionnant comme le champion de la gestion des actifs prouvés, développés et en production (PDP), a rapporté des améliorations notables dans plusieurs domaines clés :

  • Réduction de l'intensité de méthane d'environ 13 % d'une année sur l'autre à 0,7 MT CO2e par MMcfe, marquant une réduction de 56 % depuis 2020
  • Atteinte d'une réduction de 30 % du Taux Total d'Incidents Enregistrables (TRIR) et d'une diminution de 38 % des incidents de véhicules motorisés
  • Élimination ou conversion de 459 dispositifs pneumatiques en statut non émetteur
  • Réalisation de 152 000 enquêtes volontaires de détection des émissions avec un taux de non-fuite d'environ 98 %
  • Maintien de la Norme Or de la Partenariat pour le Méthane dans le secteur pétrolier et gazier 2.0 pour la troisième année consécutive

L'impact économique de l'entreprise est resté fort, contribuant à plus de 1 milliard de dollars aux PIB des États pour la troisième année consécutive, tandis que l'engagement communautaire a inclus 2,1 millions de dollars en contributions et programmes de soutien, dont 25 % ont été dirigés vers des régions socio-économiquement défavorisées.

Diversified Energy Company (NYSE: DEC) hat ihren sechsten jährlichen Nachhaltigkeitsbericht veröffentlicht, der bedeutende Umwelt- und Betriebsleistungen im Jahr 2024 zeigt. Das Unternehmen, das sich als Vorreiter im Management von nachgewiesenen, entwickelten und produzierenden (PDP) Vermögenswerten positioniert, berichtete über bemerkenswerte Verbesserungen in mehreren Schlüsselbereichen:

  • Reduzierung der Methanintensität um etwa 13% im Jahresvergleich auf 0,7 MT CO2e pro MMcfe, was eine Reduzierung von 56% seit 2020 bedeutet
  • Erzielung einer 30%igen Reduzierung der Gesamten registrierbaren Vorfallrate (TRIR) und einer 38%igen Abnahme der Verkehrsunfälle
  • 459 pneumatische Geräte wurden entfernt oder in einen nicht emittierenden Zustand umgewandelt
  • Durchführung von 152.000 freiwilligen Emissionsüberwachungsuntersuchungen mit einer etwa 98%igen Undichtigkeitsrate
  • Aufrechterhaltung des Goldstandards der Methanpartnerschaft im Öl- und Gassektor 2.0 im dritten Jahr in Folge

Die wirtschaftlichen Auswirkungen des Unternehmens blieben stark und trugen im dritten Jahr in Folge mit über 1 Milliarde Dollar zu den staatlichen BIP bei, während die Gemeinschaftsarbeit 2,1 Millionen Dollar an Beiträgen und Unterstützungsprogrammen umfasste, von denen 25% an sozial-ökonomisch benachteiligte Regionen gingen.

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Methane intensity improves by ~13%, a 56% reduction since 2020

Improved personal safety performance across the Company, including a 30% reduction in TRIR from 2023

Activities contributed $1 Billion to state GDPs for a third consecutive year

BIRMINGHAM, Ala., April 03, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) ("Diversified," "DEC," or the "Company") is proud to release its sixth annual Sustainability Report, Winning Through Collaboration, highlighting the Company's sustainability actions and achievements in 2024. As the champion of the strategy of managing proved, developed, producing (PDP) assets, Diversified is the only publicly traded company dedicated to this approach, leveraging operational scale, vertical integration, and a proprietary technology platform to drive efficiency and long-term value.

With Diversified’s Smarter Asset Management approach to asset stewardship, combined with the inherent benefits of natural gas, the Company is well-positioned to meet modern energy challenges while delivering the reliable, lower-carbon energy needed to balance growing demand with innovation in energy supply. The report details Diversified's continued progress in advancing operational excellence, reducing environmental impacts, and enhancing employee safety. Key highlights include:

Protecting Our Environment

  • Reduced methane intensity by ~13% year-over-year to 0.7 MT CO2e per MMcfe; a 56% reduction as compared to 2020 baseline (1.6 MT CO2e per MMcfe)
  • 459 pneumatic devices and pumps were eliminated or converted to non-emitting through the work of DEC’s Pneumatics Task Force and individual field teams
  • Conducted 152,000 voluntary emission detection surveys; maintaining a ~98% no-leak rate company-wide on surveyed assets
  • Achieved a third consecutive year of Oil and Gas Methane Partnership 2.0 (OGMP) Gold Standard

Supporting Our Employees

  • Improved personal safety performance with a 30% reduction in TRIR while simultaneously realizing a 52% reduction in contractors with a high TRIR score
  • Our 2024 motor vehicle incident rate was 0.34 incidents per miles driven, a 38% decrease from 2023 even as we increased our total number of miles driven by nearly 11%
  • Introduced new employee physical and mental wellness programs

Serving Our Communities

  • Contributed over $1 billion of economic impact to state GDPs through employment and operations for a third consecutive year
  • Strengthened community outreach efforts to include $2.1 million in community contributions, grants and support programs
    • More than 25% of community outreach was distributed to socio-economically disadvantaged geographic regions

Commenting on the report, CEO Rusty Hutson, Jr. said:

“Diversified Energy remains committed to delivering reliable, affordable, and sustainable energy. In 2024, our OneDEC culture flourished, empowering our employees to drive innovation, collaborate, and share knowledge, turning ideas into real solutions. Our Sustainability Report highlights our focus on responsible operations, from reducing emissions to safely retiring wells, all while supporting communities and local economies. As the publicly traded PDP Champion, executing the differentiated strategy focused on improving currently producing assets, we are proud to be the Right Company at the Right Time, providing critically needed energy while leading the way in sustainability.”

View the 2024 Sustainability Report online at div.energy/sustainability/

For further information, please contact:

Diversified Energy Company PLC 
Doug Kris+1 973 856 2757
Senior Vice President, Investor Relations & Corporate Communicationsdkris@dgoc.com


FTI Consulting

 
U.S. & UK Financial Public Relationsdec@fticonsulting.com
  

About Diversified Energy Company PLC

Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.


FAQ

What environmental improvements did DEC achieve in 2024?

DEC reduced methane intensity by 13% to 0.7 MT CO2e per MMcfe, eliminated 459 pneumatic devices, and maintained a 98% no-leak rate across 152,000 emission detection surveys.

How much did DEC invest in community support during 2024?

DEC contributed $2.1 million in community support, with over 25% directed to socio-economically disadvantaged regions.

What safety improvements did DEC report in 2024?

DEC achieved a 30% reduction in Total Recordable Incident Rate and a 38% decrease in motor vehicle incidents, despite an 11% increase in miles driven.

How has DEC's methane intensity changed since 2020?

DEC has reduced its methane intensity by 56% since 2020, from 1.6 MT CO2e per MMcfe to 0.7 MT CO2e per MMcfe in 2024.

What was DEC's economic impact on state GDPs in 2024?

DEC contributed over $1 billion to state GDPs through employment and operations, marking the third consecutive year at this level.
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