New Jersey Resources Announces $50,000 Pledge to Launch Rutgers University’s First Vibrant Communities Sustainability & Resiliency Project
Announcement made in conjunction with release of Company’s 2024 Corporate Sustainability Report
The project’s focus will be the creation and implementation of a sustainable landscape master plan in the Manitou Park section of
"We believe stronger communities make us a stronger company,” said Steve Westhoven, President and CEO of New Jersey Resources. “Giving back and investing in the communities we serve is a core value of our company. Together with the state’s largest university, this project gives us an opportunity to support the residents of Manitou Park and make a difference in the community by improving resiliency, providing access to green spaces and reducing negative impacts on ecosystems and habitats.”
Centering on an affordable housing development built by Homes for All, an
The efforts of the Vibrant Communities project at Manitou Park project will be:
- Enhancing community green spaces through the design and installation of sustainable landscaping and natural features in the area
- Improving stormwater management to improve resiliency to local flood risks and reduce pollution from run-off flowing to the Toms River – a tributary of the Barnegat Bay
- Promoting local environmental stewardship and engagement from community stakeholders and private sector partners (including NJR) for beautification and local improvement projects
- Providing graduate students with direct experience in community and regulatory engagement through the development and implementation of a project
“Rutgers’ Vibrant Communities program is a collaboration between our corporate partners, Rutgers graduate students and
Today’s announcement builds on NJR’s long history of philanthropic support – both financial and volunteerism – to local communities and nonprofits in the areas in which it operates. Since 2008, NJR has partnered with Homes for All and provided over
NJR Releases 2024 Corporate Sustainability Report
Today’s announcement was made in conjunction with the release of NJR’s fiscal 2024 Corporate Sustainability Report, which details the company’s progress on a host of sustainability topics, including: emissions reduction and environmental stewardship programs; volunteerism, community engagement and philanthropic impact; and corporate governance and risk management, among others.
Highlights within NJR’s Corporate Sustainability Report, covering its fiscal year 2024, include:
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NJR’s employees and retirees provided over 4,200 hours of volunteer service, and its charitable foundations provided over
in direct funding to local nonprofits.$2.1 million -
An additional
in commitments were made through our charitable foundations to New Jersey Audubon and Monmouth Conservation Foundation for multi-year projects to enhance coastal resiliency within NJNG’s service territory.$1.1 million -
NJR completed its first capped landfill community solar facility in
New Jersey , building on a decade-long record of investing more than in renewable solar energy projects across six states.$1.2 billion -
NJNG achieved the highest single-year investment in the company’s SAVEGREEN energy-efficiency program, deploying over
to cut carbon emissions by helping customers reduce their energy consumption.$71.3 million -
NJR continued to invest in innovation, advancing cutting-edge, lower-carbon energy solutions, including NJNG becoming the first utility in
New Jersey to install and operate distributed carbon capture technology and to fuel a portion of its fleet with renewable diesel. - NJR was named one of America’s Most Responsible Companies for 2024 by Newsweek – earning the recognition for the fifth consecutive year.
To read the full sustainability report, please visit our website: www.njrsustainability.com.
About New Jersey Resources:
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
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New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains natural gas transportation and distribution infrastructure to serve customers in New Jersey’s
Monmouth ,Ocean ,Morris ,Middlesex ,Sussex andBurlington counties.
- Clean Energy Ventures invests in, owns and operates solar projects, providing customers with low-carbon solutions.
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Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across
North America .
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Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline, as well as our
50% equity ownership in the Steckman Ridge natural gas storage facility.
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Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout
New Jersey .
NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as SAVEGREEN®.
For more information about NJR: www.njresources.com.
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Media:
Mike Kinney
732-938-1031
mkinney@njresources.com
Investors:
Adam Prior
732-938-1145
aprior@njresources.com
Source: New Jersey Resources