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ONEOK Issues Annual Corporate Sustainability Report
OKEONEOK(OKE) Prnewswire·2024-08-01 20:30

ESG Performance and Achievements - The company achieved approximately 50% of its 2030 greenhouse gas emissions reduction target by the end of 2023 [2] - Scope 1 methane emissions were reduced by 36% compared to the 2019 baseline year [2] - The company received an MSCI ESG Rating of AAA in 2024 and qualified for inclusion in over 40 ESG-related stock market indices [2] - ONEOK was recognized as one of America's Greatest Workplaces for 2024 by Newsweek and as a Top Performer on Employee Wellness by JUST Capital [2] - The company contributed $9.6 million to charitable organizations in 2023, with over 35% supporting diversity and inclusion-related initiatives [2] Innovation and Future Commitments - The company is investing in innovative energy solutions such as emission-detection satellite technology and low-carbon fuels [2] - ONEOK is participating in hydrogen and carbon storage-related studies [2] - The company emphasizes its commitment to continuously improving its sustainability program, practices, and performance [3] - ONEOK aims to deliver energy products and services that improve quality of life and support growing global energy demand [4] Business Overview and Operations - ONEOK is one of the largest diversified midstream energy service providers in North America [5] - The company operates a 50,000-mile pipeline network, transporting natural gas, natural gas liquids (NGLs), refined products, and crude oil [5] - ONEOK provides gathering, processing, fractionation, transportation, and storage services, contributing to energy security and meeting domestic and international energy demand [5] Corporate Recognition and Presence - ONEOK is an S&P 500 company headquartered in Tulsa, Oklahoma [6] - The company is recognized for its role in delivering energy solutions that make a difference in the lives of people in the U.S. and around the world [5]