National Fuel Releases its 2023 Corporate Responsibility Report
National Fuel Gas panyNational Fuel Gas pany(US:NFG) GlobeNewswire News Room·2024-09-09 16:29

Core Insights - National Fuel Gas Company released its 2023 Corporate Responsibility Report, highlighting its commitment to corporate responsibility and sustainability [1][2] - The report details significant reductions in methane and greenhouse gas emissions, alongside initiatives for diversity and community engagement [2][3] Emission Reductions - The company achieved a 17.1% reduction in consolidated methane emissions and a 5.6% reduction in consolidated greenhouse gas emissions from 2020 levels [2] - Progress towards 2030 methane intensity targets varies across business segments, with reductions ranging from 9.7% to 48.5% [2] Certifications and Environmental Stewardship - National Fuel received certifications for responsibly sourced gas, providing independent verification of its environmental, social, and governance practices [2] - The company is engaged in programs aimed at enhancing biodiversity and wildlife conservation, focusing on habitat restoration and minimizing ecological impacts [2] Diversity and Inclusion - The report emphasizes the company's focus on inclusive hiring practices and career development, showcasing quantitative metrics for diverse hiring and participation in leadership training programs [2] Reporting Standards - The Corporate Responsibility Report aligns with multiple sustainability reporting standards, including the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) [3] - National Fuel's diversified natural gas business positions it to meet growing energy demand sustainably and affordably [3][4]