National Fuel Releases its 2023 Corporate Responsibility Report
National Fuel Gas Company (NYSE: NFG) has released its 2023 Corporate Responsibility Report, highlighting key sustainability achievements and initiatives. The report showcases the company's progress in reducing emissions, with a 17.1% decrease in consolidated methane emissions and a 5.6% reduction in consolidated greenhouse gas emissions since 2020. NFG is making strides towards its 2030 methane intensity targets, with reductions ranging from 9.7% to 48.5% across business segments.
The report also emphasizes NFG's commitment to responsible natural gas certifications, environmental stewardship, and inclusive hiring practices. The company's integrated approach aims to meet growing energy demand while providing reliable, sustainable, and affordable energy across its four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
La National Fuel Gas Company (NYSE: NFG) ha pubblicato il suo Rapporto sulla Responsabilità Aziendale 2023, evidenziando i principali successi e iniziative in materia di sostenibilità. Il rapporto mostra i progressi dell'azienda nella riduzione delle emissioni, con una diminuzione del 17,1% nelle emissioni consolidate di metano e una riduzione del 5,6% nelle emissioni consolidate di gas serra dal 2020. NFG sta facendo progressi verso i suoi obiettivi di intensità del metano per il 2030, con riduzioni che variano dal 9,7% al 48,5% tra i segmenti aziendali.
Il rapporto sottolinea anche l'impegno di NFG per le certificazioni di gas naturale responsabili, la gestione ambientale e le pratiche di assunzione inclusive. L'approccio integrato dell'azienda mira a soddisfare la crescente domanda di energia, fornendo energia affidabile, sostenibile e conveniente attraverso i suoi quattro segmenti aziendali: Esplorazione & Produzione, Pipeline & Stoccaggio, Raccolta e Utility.
National Fuel Gas Company (NYSE: NFG) ha publicado su Informe de Responsabilidad Corporativa 2023, destacando los principales logros y iniciativas de sostenibilidad. El informe muestra el progreso de la empresa en la reducción de emisiones, con una disminución del 17,1% en las emisiones consolidadas de metano y una reducción del 5,6% en las emisiones consolidadas de gases de efecto invernadero desde 2020. NFG está avanzando hacia sus objetivos de intensidad de metano para 2030, con reducciones que oscilan entre el 9,7% y el 48,5% en los diferentes segmentos de negocio.
El informe también enfatiza el compromiso de NFG con las certificaciones de gas natural responsables, el cuidado del medio ambiente y las prácticas de contratación inclusivas. El enfoque integrado de la empresa tiene como objetivo satisfacer la creciente demanda de energía, proporcionando energía confiable, sostenible y asequible en sus cuatro segmentos de negocio: Exploración y Producción, Oleoducto y Almacenamiento, Recolección y Servicios Públicos.
내셔널 연료 가스 회사(NYSE: NFG)가 2023년 기업 책임 보고서를 발표하며 주요 지속 가능성 성과와 이니셔티브를 강조했습니다. 이 보고서는 2020년 이후 통합 메탄 배출량이 17.1% 감소하고 통합 온실가스 배출량이 5.6% 감소하는 등 배출량 감소에서 회사의 발전을 보여줍니다. NFG는 2030년 메탄 강도 목표를 향해 나아가고 있으며, 사업 부문별로 9.7%에서 48.5%까지의 감소폭을 보이고 있습니다.
이 보고서는 또한 NFG의 책임 있는 천연가스 인증, 환경 관리 및 포용적인 채용 관행에 대한 약속을 강조합니다. 회사의 통합 접근 방식은 증가하는 에너지 수요를 충족하고 Exploration & Production, Pipeline & Storage, Gathering, Utility라는 네 가지 사업 부문에서 신뢰할 수 있고 지속 가능하며 저렴한 에너지를 제공하는 것을 목표로 하고 있습니다.
La National Fuel Gas Company (NYSE: NFG) a publié son Rapport sur la Responsabilité Sociétale 2023, mettant en lumière les réalisations et initiatives clés en matière de durabilité. Le rapport met en avant les progrès de l'entreprise en matière de réduction des émissions, avec une diminution de 17,1 % des émissions consolidées de méthane et une réduction de 5,6 % des émissions de gaz à effet de serre consolidées depuis 2020. NFG progresse vers ses objectifs d'intensité du méthane pour 2030, avec des réductions allant de 9,7 % à 48,5 % selon les segments d'activité.
Le rapport souligne également l'engagement de NFG envers les certifications de gaz naturel responsables, la gestion environnementale et les pratiques d'embauche inclusives. L'approche intégrée de l'entreprise vise à répondre à la demande croissante en énergie tout en fournissant une énergie fiable, durable et abordable à travers ses quatre segments d'activité : Exploration & Production, Pipeline & Stockage, Collecte et Services Publics.
Die National Fuel Gas Company (NYSE: NFG) hat ihren Jahresbericht zur Unternehmensverantwortung 2023 veröffentlicht, der die wichtigsten Errungenschaften und Initiativen im Bereich Nachhaltigkeit hervorhebt. Der Bericht zeigt den Fortschritt des Unternehmens bei der Reduzierung von Emissionen, mit einem Rückgang der konsolidierten Methanemissionen um 17,1% und einer Reduzierung der konsolidierten Treibhausgasemissionen um 5,6% seit 2020. NFG macht Fortschritte in Richtung seiner 2030-Methan-Intensitätsziele, mit Reduzierungen zwischen 9,7% und 48,5% in den Geschäftsbereichen.
Der Bericht hebt auch das Engagement von NFG für verantworliche Naturgaszertifizierungen, Umweltschutz und inklusive Einstellpraktiken hervor. Der integrierte Ansatz des Unternehmens zielt darauf ab, die wachsende Energienachfrage zu decken und gleichzeitig zuverlässige, nachhaltige und erschwingliche Energie über seine vier Geschäftsbereiche bereitzustellen: Exploration & Produktion, Pipeline & Lagerung, Erfassung und Versorgungsunternehmen.
- 17.1% reduction in consolidated methane emissions since 2020
- 5.6% reduction in consolidated greenhouse gas emissions since 2020
- Progress towards 2030 methane intensity targets across all business segments
- Achievement of responsibly sourced gas designations for production and gathering operations
- Implementation of biodiversity enhancement and wildlife conservation programs
- None.
WILLIAMSVILLE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company, NYSE: NFG) today released its 2023 Corporate Responsibility Report (Report), detailing the Company's policies, practices and performance metrics in key corporate responsibility and sustainability areas. An electronic version of the report is available by clicking here.
"At National Fuel, we are committed to being a responsible corporate partner in the communities where we live and work," said David P. Bauer, President & Chief Executive Officer of National Fuel Gas Company. "In 2023, we continued our ongoing efforts to reduce methane emissions, prioritize safety and focus on diversity and engagement initiatives that create positive impacts for our workforce and communities."
2023 Report Highlights:
- Absolute Emissions Reductions: Reducing consolidated methane emissions
17.1% and consolidated greenhouse gas emissions5.6% from 2020. - Continued Progress Towards Methane Intensity Targets: Progress toward 2030 methane intensity targets at each of our business segments ranging from
9.7% to48.5% reductions. - Responsible Natural Gas Certifications: Achievement of responsibly sourced gas designations to differentiate our production and gathering operations and provide independent, credible verification of our environmental, social and governance related policies, procedures and practices.
- Furthering Environmental Stewardship: Programs focused on biodiversity enhancement and wildlife conservation to improve habitats through restoration efforts and minimize impacts to ecologically sensitive areas.
- Focus on Inclusive Hiring and Career Development: Quantitative diverse hiring metrics and participation rates in leadership training programs in 2023.
National Fuel's 2023 Corporate Responsibility Report
The Company's Corporate Responsibility Report incorporates multiple sustainability reporting standards, guidelines and frameworks, in alignment with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD). Against the backdrop of the numerous initiatives and commitments described in this Report, and overall strength of National Fuel's business, the Company's future is bright. National Fuel's integrated, diversified natural gas business provides the opportunity, across the value chain, to meet growing energy demand, and to do so by providing reliable, sustainable and affordable energy.
National Fuel Gas Company
National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering and Utility. Additional information about National Fuel is available at www.nationalfuel.com.
Cautionary Note on ESG Data and Forward-Looking Statements
All information included in this Corporate Responsibility Report ("Report") is being provided on a voluntary basis and, as such, the Company has customized certain sustainability standards and frameworks to our specific circumstances. The decision to include data for historical and future years is at the discretion of the Company and its subsidiaries, and the specific years used as a historical baseline were chosen as appropriate for each reporting segment. The data included in this Report does not constitute financial data calculated in accordance with U.S. generally accepted accounting principles ("GAAP"). This Report also contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, other than statements of historical facts, as well as statements that are identified by the use of the words "anticipates," "estimates," "expects," "forecasts," "intends," "plans," "predicts," "projects," "believes," "seeks," "will," "may" and similar expressions. This Report and the statements contained herein are submitted for the general information of Company stakeholders and are not intended to induce any sale or purchase of securities or to be used in connection therewith. While the Company's expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis, actual results may differ materially from those projected in forward-looking statements. Furthermore, each forward-looking statement speaks only as of the date on which it is made. In addition to other factors, the following are important factors that could cause actual results to differ materially from those discussed in the forward-looking statements: (1) the Company's ability to estimate accurately the time and resources necessary to meet applicable testing standards, reporting frameworks, and emissions targets, as well as the cost and availability of capital required for such projects; (2) evolving standards and frameworks, including those related to tracking and reporting GHG and methane emissions; (3) changes in the Company's business, including acquisitions or other expansions of the Company's property, plant and equipment; (4) disallowance by applicable regulatory bodies of appropriate rate recovery for system modernization; (5) the development and performance of new technology and products, services, and programs, particularly those related to energy efficiency and emission reductions; (6) governmental initiatives or market pressures to reduce or eliminate reliance on natural gas, and the viability of energy-transition related opportunities, including adaptation of the Company's existing assets; and (7) the other risks and uncertainties described in (i) the Company's most recent Annual Report on Form 10-K at Item 7, MD&A, and Quarterly Reports on Form 10-Q at Item 2, MD&A, in each case under the heading "Safe Harbor for Forward-Looking Statements," and (ii) the "Risk Factors" included in the Company's most recent Annual Report on Form 10-K at Item 1A, as updated by the Company's Forms 10-Q for subsequent quarters at Item 1A. Forward-looking and other statements in this Report regarding our plans and goals are not an indication that these statements are material to investors or are required to be disclosed in our filings with the Securities and Exchange Commission. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements or use them for anything other than their intended purpose. This Report contains references to National Fuel's website and other reporting documents. National Fuel is not incorporating this Report by reference into any other document and is not incorporating any other document posted on the website into this Report. Except where specified, this Report and the data presented have not been externally audited, assured, attested or verified. The Company makes no warranty, express or implied, regarding the accuracy, adequacy, completeness, legality, reliability or usefulness of this Report.
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