SJI Releases Corporate Environmental, Social and Governance Report

Rhea-AI Summary

SJI released its 2019 Environmental, Social and Governance (ESG) Report, outlining achievements in sustainability, social impact, and corporate governance. The report, which is fully web-based and mobile-responsive, aims to enhance transparency and track progress over time. President and CEO Mike Renna emphasized the company’s commitment to sustainability, transitioning towards a long-term vision for stakeholders. The ESG report is part of SJI's strategy to evolve into a future-focused energy company. For details, visit sjindustries.com/esg.

Positive

• Release of the comprehensive 2019 ESG Report demonstrating commitment to sustainability.
• Increased transparency and data disclosures to measure progress on ESG initiatives.
• Focus on evolving into a sustainable energy company for long-term stakeholder benefit.

Negative

• None.

FOLSOM, July 29, 2020 (GLOBE NEWSWIRE) --                                                                                             Investor Contact: Dan Fidell
(609) 561-9000 ext. 7027
dfidell@sjindustries.com

Media Contact: Marissa Travaline
(609) 561-9000 ext. 4227
mtravaline@sjindustries.com

FOR IMMEDIATE RELEASE

SJI Releases Corporate Environmental, Social and Governance Report

FOLSOM, NJ, July 29, 2020 – SJI (NYSE: SJI) today released its Environmental, Social and Governance Report (ESG) highlighting the company’s 2019 efforts and achievements in environmental sustainability, social impact and corporate governance. The new report expands on earlier versions of the report – highlighting the growing program and commitment to ESG initiatives.

“Our ESG report identifies how our collective focus on sustainability positions our organization to grow and evolve into an energy company of the future,” said President and CEO, Mike Renna. “For SJI, this means bridging our current model of safe, reliable affordable service to a more sustainable long-term vision for all our stakeholders.”

The fully web-based, mobile-responsive report offers increased transparency and enhanced data disclosures, measuring progress over time, while also addressing timely ESG topics.

To view the 2019 SJI ESG report, visit: sjindustries.com/esg.  

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About SJI
SJI (NYSE: SJI), an energy services holding company based in Folsom, NJ, delivers energy services to its customers through three primary subsidiaries. SJI Utilities, SJI’s regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 700,000 South Jersey Gas, Elizabethtown Gas and Elkton Gas customers in New Jersey and Maryland. SJI’s non-utility businesses within South Jersey Energy Solutions promote efficiency, clean technology and renewable energy by providing customized wholesale commodity marketing and fuel management services; and developing, owning and operating on-site energy production facilities. SJI Midstream houses the company’s interest in the PennEast Pipeline Project. Visit sjindustries.com for more information about SJI and its subsidiaries.

FAQ

What are the key highlights of the SJI 2019 ESG Report?

The SJI 2019 ESG Report outlines achievements in sustainability, social impact, and corporate governance, emphasizing transparency and progress tracking.

How does SJI plan to evolve its energy services according to the ESG Report?

SJI aims to transition from its current service model to a more sustainable, long-term vision focusing on environmental sustainability.

Where can I access the SJI ESG Report?

The SJI ESG Report is available online at sjindustries.com/esg.

What is the significance of the ESG Report for SJI stakeholders?

The ESG Report highlights SJI's commitment to sustainability, which is vital for stakeholder trust and long-term growth.