Cheniere Publishes Climate Scenario Analysis Report
Cheniere Energy (NYSE: LNG) has released its Climate Scenario Analysis Report, evaluating the long-term robustness of its operations against various climate scenarios through 2040. The report, aligned with the Task Force on Climate-related Financial Disclosures, emphasizes the strategic importance of LNG in the global shift towards a lower carbon economy. CEO Jack Fusco highlighted that the findings support the company's commitment to sustainable practices and strategic decision-making to address climate risks.
- Published a comprehensive Climate Scenario Analysis Report to evaluate long-term business resilience till 2040.
- Report aligns with the Task Force on Climate-related Financial Disclosures, showcasing commitment to sustainability.
- Emphasizes LNG's significant role in the transition to a lower carbon future.
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Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that it has published a Climate Scenario Analysis Report. The report analyzes the long-term resilience of Cheniere’s business and the potential implications for LNG supply and demand in various future climate scenarios through 2040, including the IEA Sustainable Development Scenario, which is a below 2°C warming scenario. The analysis and report are aligned with the recommendations of the Task Force on Climate-related Financial Disclosures.
“The conclusions of this analysis reinforce our belief that Cheniere’s business is built for longevity, and that LNG has a significant role to play in the global transition to a lower carbon future,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “This analysis will assist Cheniere in strategic business decisions and efforts to inform our stakeholders about climate-related risks and business opportunities.”
Cheniere’s “Climate Scenario Analysis: Transitional Risk” report is available on its website at https://www.cheniere.com/resources.
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected total production capacity of approximately 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at www.cheniere.com and Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission.
Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding expectations regarding regulatory authorizations and approvals, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to the amount and timing of share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.
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