National Fuel's CSR Report Highlights Progress on ESG
National Fuel Gas Company has released its 2022 Corporate Responsibility (CR) Report, which details the company's policies, practices, and performance metrics in key environmental, social, and governance (ESG) areas.
The report highlights the company's continued progress towards its methane intensity targets, its commitment to transparency, its achievement of responsible natural gas certifications, its enhanced waste management disclosures, its focus on energy transition teams, and its ability to provide reliable service even in challenging weather conditions.
The report also notes that National Fuel's Corporate Responsibility Report incorporates multiple best-practice 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).
In line with the company's 2022 Climate Report, National Fuel continues to enhance its disclosure surrounding the governance of climate-related risks and opportunities, the company's related risk management processes and strategy to address those risks and opportunities, and the expected resiliency of that strategy in the future.
The report concludes by stating that National Fuel has and will continue to disclose progress against targets to highlight the company's progress on its sustainability journey.
Here are some of the key takeaways from the report:
- National Fuel is committed to reducing its carbon footprint and is making progress towards its methane intensity targets.
- The company is committed to transparency and has had its emissions data independently verified.
- Achieved certification of its natural gas production under MiQ and Equitable Origin standards.
- The company has enhanced its waste management disclosures.
- The company is exploring low- and zero-carbon fuel sources.
- National Fuel has been able to provide reliable service even in challenging weather conditions.
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Source: Globe Newswire
