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Kinder Morgan Issues 2022 Environmental, Social and Governance Report
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Kinder Morgan, Inc. (NYSE: KMI) announces a 2.6% decrease in operational Scope 1 emissions and continued efforts to reduce methane emissions. The company invests in renewable diesel and natural gas projects, aligning with its commitment to lower carbon initiatives. The 2022 ESG Report also includes new disclosures related to greenhouse gas emissions, climate lobbying, and diversity metrics.
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Report details lower carbon initiatives including emission reductions and continued investment in the energy transition
HOUSTON--(BUSINESS WIRE)--
Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report. The report highlights an approximate 2.6% decrease in KMI’s operational Scope 1 emissions and a continued decrease in the percentage of methane emissions that contribute to overall Scope 1 emissions. It also indicates KMI’s efforts toward methane intensity reduction by expanding its annual leak detection surveys to include 100% of its natural gas gathering and boosting compressor stations. Also outlined is the company’s investment in two renewable diesel hubs in California, a renewable feedstock storage and logistics hub in Harvey, Louisiana and its growing renewable natural gas platform. The 2022 report also includes new or expanded disclosures to evaluate decarbonizing the company’s larger greenhouse gas emission sources, climate related lobbying and trade association alignment, and metrics related to the percentage of female or minority employees.
“We are very pleased to report a year-over-year decrease in operational Scope 1 emissions, particularly after bringing new projects in service this past year,” said KMI’s Chief Operating Officer James Holland. “We continue to support the energy transition by increasing our involvement with renewable fuels and investing in additional lower carbon projects that provide shareholder value.”
The 2022 ESG Report is available on the KMI website on the ESG Reports page. In addition, an updated presentation with information from the 2022 ESG Report is available on the Events and Presentations page on the investor relations section of the KMI website.
About Kinder Morgan, Inc.
Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 82,000 miles of pipelines, 140 terminals, 700 billion cubic feet of working natural gas storage capacity and have renewable natural gas generation capacity of approximately 3.8 Bcf per year with an additional 3.1 Bcf in development. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke and ethanol and other renewable fuels and feedstocks. Learn more about our work advancing energy solutions on the lower carbon initiatives page at www.kindermorgan.com.
What does the 2022 ESG Report by Kinder Morgan, Inc. highlight?
The report highlights a 2.6% decrease in operational Scope 1 emissions, efforts to reduce methane emissions, and investments in renewable diesel and natural gas projects.
Where can the 2022 ESG Report be accessed?
The 2022 ESG Report is available on the KMI website on the ESG Reports page.
What new disclosures are included in the 2022 ESG Report?
The report includes new disclosures related to greenhouse gas emissions, climate lobbying, and diversity metrics.
