STOCK TITAN

Texan by Nature Names Top 20 Companies for Conservation in Texas

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Marathon Petroleum (MPC) has been named one of the top 20 businesses in Texas for sustainability leadership by Texan by Nature (TxN). As one of only two energy sector companies on the 2024 TxN 20 list, MPC invested over $340,000 in Texas environmental initiatives in 2023. Key projects included developing a pilot program for environmental strategies in pipeline construction, installing an air quality monitoring station in Juarez, and supporting the Galveston Bay Foundation. The selection process involved a 17-point scoring system across 12 industry sectors, evaluating conservation metrics and investments.

Marathon Petroleum (MPC) è stata nominata una delle 20 migliori imprese in Texas per la leadership nella sostenibilità da Texan by Nature (TxN). Essendo una delle sole due aziende del settore energetico nella lista TxN 20 del 2024, MPC ha investito oltre 340.000 dollari in iniziative ambientali in Texas nel 2023. I progetti chiave includevano lo sviluppo di un programma pilota per strategie ambientali nella costruzione di pipeline, l'installazione di una stazione di monitoraggio della qualità dell'aria a Juarez, e il supporto alla Galveston Bay Foundation. Il processo di selezione ha coinvolto un sistema di punteggio di 17 punti attraverso 12 settori industriali, valutando metriche di conservazione e investimenti.

Marathon Petroleum (MPC) ha sido nombrada una de las 20 mejores empresas en Texas por su liderazgo en sostenibilidad por Texan by Nature (TxN). Siendo una de las únicas dos empresas del sector energético en la lista TxN 20 de 2024, MPC invirtió más de 340,000 dólares en iniciativas ambientales en Texas en 2023. Los proyectos clave incluyeron el desarrollo de un programa piloto para estrategias ambientales en la construcción de oleoductos, la instalación de una estación de monitoreo de calidad del aire en Juárez y el apoyo a la Galveston Bay Foundation. El proceso de selección involucró un sistema de puntuación de 17 puntos en 12 sectores industriales, evaluando métricas de conservación e inversiones.

마라톤 석유 (MPC)는 텍사스에서 지속 가능성 리더십으로 가장 뛰어난 20개 기업 중 하나로 Texan by Nature (TxN)에서 선정되었습니다. 2024 TxN 20 목록에 오른 두 개의 에너지 부문 기업 중 하나로서, MPC는 2023년에 텍사스 환경 Initiative에 34만 달러 이상을 투자했습니다. 주요 프로젝트로는 파이프라인 건설에 대한 환경 전략을 개발하기 위한 파일럿 프로그램, 후아레즈에 공기 질 모니터링 스테이션 설치, 그리고 갈베스톤 베이 재단 지원이 포함되었습니다. 선정 과정은 12개 산업 분야에서 보존 메트릭과 투자 평가를 진행하는 17점 점수 시스템을 포함했습니다.

Marathon Petroleum (MPC) a été désignée comme l'une des 20 meilleures entreprises au Texas pour son leadership en matière de durabilité par Texan by Nature (TxN). En tant que l'une des deux seules entreprises du secteur de l'énergie sur la liste TxN 20 de 2024, MPC a investi plus de 340 000 dollars dans des initiatives environnementales au Texas en 2023. Les projets clés comprenaient le développement d'un programme pilote pour des stratégies environnementales dans la construction de pipelines, l'installation d'une station de surveillance de la qualité de l'air à Juárez et le soutien à la Galveston Bay Foundation. Le processus de sélection a impliqué un système de notation de 17 points à travers 12 secteurs industriels, évaluant les mesures de conservation et les investissements.

Marathon Petroleum (MPC) wurde von Texan by Nature (TxN) als eines der 20 besten Unternehmen in Texas für Nachhaltigkeitsführung ausgezeichnet. Als eines von nur zwei Unternehmen im Energiesektor auf der TxN 20-Liste 2024 hat MPC 2023 über 340.000 Dollar in Umweltinitiativen in Texas investiert. Zu den wichtigsten Projekten gehörten die Entwicklung eines Pilotprogramms für Umweltstrategien im Pipeline-Bau, die Installation einer Luftqualitätsüberwachungsstation in Juárez und die Unterstützung der Galveston Bay Foundation. Der Auswahlprozess umfasste ein 17-Punkte-Bewertungssystem in 12 Branchen, das die Bewertung von Naturschutzmetriken und Investitionen berücksichtigte.

Positive
  • Selected as one of only two energy companies in the 2024 TxN 20 list
  • Invested $2.3 million in environmental initiatives in 2023, with $340,000 specifically in Texas
  • Implemented water-saving measures at El Paso refinery
  • Expanded environmental monitoring infrastructure with new air quality station
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / November 18, 2024 / Marathon Petroleum Corporation

Key Points

  • Texan by Nature has selected Marathon Petroleum Corporation as a 2024 TxN 20 honoree.

  • The list ranks the top 20 businesses operating in Texas for sustainability leadership.

  • Marathon Petroleum invested more than $340,000 in 2023 to support environmental and conservation initiatives in the state.

Texan by Nature (TxN), a conservation nonprofit, has recognized Marathon Petroleum Corporation (MPC) as one of only two businesses from the energy sector on its 2024 TxN 20. This list represents the top 20 companies operating in Texas based on their leadership in advancing conservation and sustainability.

"It's an honor to recognize industry leaders who demonstrate that integrating business with conservation drives valuable global impact."

"We believe in building a sustainable future through action, collaboration and innovative models," said Joni Carswell, CEO & President of TxN. "It's an honor to recognize industry leaders who demonstrate that integrating business with conservation drives valuable global impact."

MPC invested more than $2.3 million to support environmental and conservation initiatives in 2023, including more than $340,000 in Texas. Efforts in the state that earned TxN's recognition involved MPC's El Paso and Galveston Bay refineries as well as natural gas gathering and processing assets of the company's midstream segment, MPLX. Examples include:

  • Developing a pilot program with TxN to assess environmental strategies, such as recycling water and restoring native vegetation, that could be integrated into construction of natural gas gathering pipelines in the Permian and Haynesville Basins.

  • Purchasing an additional air quality monitoring station for Juarez, Mexico, El Paso's sister city across the border, to strengthen data collection in the Paso del Norte Air Basin. The El Paso refinery also replaced hydrostatic tank testing with an alternate method, saving millions of gallons of water.

  • Providing grants to the Galveston Bay Foundation in support of habitat restoration, water protection and land conservation.

  • Promoting environmental awareness through community projects, including tree plantings, managed by the Galveston Bay refinery's Wildlife Habitat Team of employee volunteers.

"Our commitment to safe and environmentally responsible operations also motivates our efforts to promote sustainability in the communities around our assets," said MPC Corporate Social Responsibility & Community Relations Manager Tracey Tafoya. "Texan by Nature's recognition is extremely meaningful because of its mission to bring conservation and business together to support community health and economic prosperity."

The TxN 20 selection process involves assessing company data across 12 industry sectors and applying a 17-point scoring system. Criteria include reported conservation metrics, measured investment in conservation and reported Return on Conservation™ index results, among other benchmarks. A selection committee of industry executives evaluates the top 60 companies and then chooses the final 20 honorees.

Details about each member of this year's list are available on the 2024 TxN 20 honorees web page.

At the 2024 Texan by Nature Conservation Summit, former First Lady and TxN founder Laura Bush (center) with Marathon Petroleum representatives (L-R) Environmental Manager Jessica O'Brien, Senior Training Specialist Regina Cooper, Sustainability & Stakeholder Engagement Manager Karen Byers, and Corporate Social Responsibility & Community Relations Manager Tracey Tafoya.

View additional multimedia and more ESG storytelling from Marathon Petroleum Corporation on 3blmedia.com.

Contact Info:

Spokesperson: Marathon Petroleum Corporation
Website: https://www.3blmedia.com/profiles/marathon-petroleum-corporation
Email: info@3blmedia.com

SOURCE: Marathon Petroleum Corporation



View the original press release on accesswire.com

FAQ

What recognition did Marathon Petroleum (MPC) receive from Texan by Nature in 2024?

Marathon Petroleum was selected as one of the top 20 companies (TxN 20) in Texas for sustainability leadership by Texan by Nature, being one of only two energy sector companies on the list.

How much did Marathon Petroleum (MPC) invest in Texas environmental initiatives in 2023?

Marathon Petroleum invested more than $340,000 in environmental and conservation initiatives in Texas during 2023, part of a larger $2.3 million total environmental investment.

What environmental projects did Marathon Petroleum (MPC) implement in Texas?

MPC implemented several projects including a pilot program for pipeline construction environmental strategies, installing an air quality monitoring station in Juarez, and supporting Galveston Bay Foundation's habitat restoration efforts.

MARATHON PETROLEUM CORPORATION

NYSE:MPC

MPC Rankings

MPC Latest News

MPC Stock Data

50.63B
321.39M
0.25%
78.8%
2.62%
Oil & Gas Refining & Marketing
Petroleum Refining
Link
United States of America
FINDLAY