Excelerate Energy Highlights its Commitment to a Sustainable Energy Future with the Publication of Its 2023 Sustainability Report

Rhea-AI Summary

Excelerate Energy (NYSE: EE) has released its 2023 Sustainability Report, titled 'Waves of Change: Embarking on a Sustainable Future'. The report showcases the company's global sustainability activities and environmental performance for 2023. Key highlights include:

• Enhanced transparency through incremental environmental disclosures
• Increased focus on social data disclosures for onshore and offshore workers
• Achievement of significant safety milestones, including 5 million staff hours without a lost time incident
• Implementation of a Supply Chain Code of Conduct

The report aligns with GRI Standards, SASB, and TCFD frameworks, demonstrating Excelerate's commitment to addressing global energy challenges while minimizing its environmental footprint and fostering community relationships.

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that it has published its 2023 Sustainability Report showcasing the Company’s global sustainability activities, environmental performance, and results from the calendar year 2023. The 2023 Sustainability Report, titled “Waves of Change: Embarking on a Sustainable Future,” highlights Excelerate's role in addressing global energy challenges by making LNG available to more people who need it worldwide while minimizing the environmental footprint of its operations, working safely, and building lasting relationships in the communities where it operates.

“Excelerate is proud to issue its second annual sustainability report highlighting our commitment to a sustainable future,” said Steven Kobos, President and Chief Executive Officer. “Our 2023 report focuses on our key role in helping communities around the world maintain energy security, reduce energy poverty, and navigate the energy transition. At Excelerate, sustainability is at the core of who we are, and as a global energy utility, the critical services we provide offer a logical and reliable bridge to a sustainable future, for anyone from the most rural communities to the most sophisticated economies. I would like to commend the entire Excelerate team for their ongoing commitment to and embodiment of our core values of Stewardship, Accountability, Improvement, and Leadership.”

Highlights from Excelerate’s 2023 Sustainability Report include:

• Enhanced transparency through incremental environmental disclosures that further highlight our commitment to reducing our carbon footprint and being a good steward of our resources
• Increased focus on social data disclosures for both onshore and offshore workers with an emphasis on “duty of care” for all employees
• Achievement of significant safety milestones which demonstrate our unwavering commitment to safety, including surpassing 5 million staff hours without a lost time incident
• Implementation of a Supply Chain Code of Conduct showcasing Excelerate's focus on maintaining a sustainable supply chain

Excelerate’s 2023 sustainability report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards – Core option and aligned with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD). For more information, please visit our website at www.excelerateenergy.com.

ABOUT EXCELERATE ENERGY

Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from FSRUs to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Helsinki, London, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240916798899/en/

Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com

Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com

Source: Excelerate Energy, Inc.

FAQ

What are the key highlights of Excelerate Energy's (EE) 2023 Sustainability Report?

Excelerate Energy's 2023 Sustainability Report highlights enhanced environmental disclosures, increased social data transparency, significant safety milestones including 5 million staff hours without a lost time incident, and the implementation of a Supply Chain Code of Conduct.

How does Excelerate Energy (EE) contribute to global energy challenges?

Excelerate Energy addresses global energy challenges by making LNG available to more people worldwide while minimizing its environmental footprint, working safely, and building lasting relationships in the communities where it operates.

What sustainability reporting standards does Excelerate Energy (EE) follow in its 2023 report?

Excelerate Energy's 2023 Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards – Core option and aligned with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).

What safety milestone did Excelerate Energy (EE) achieve in 2023?

Excelerate Energy surpassed 5 million staff hours without a lost time incident in 2023, demonstrating their unwavering commitment to safety.

How does Excelerate Energy (EE) ensure sustainability in its supply chain?

Excelerate Energy implemented a Supply Chain Code of Conduct in 2023, showcasing their focus on maintaining a sustainable supply chain.