New Jersey Resources Marks Earth Day With the Launch of the Coastal Climate Initiative - Seite 2

The Coastal Climate Initiative builds on NJR’s support for The Nature Conservancy in this effort, which began with an initial $25,000 donation announced earlier this year.

How the Program Works:

Through the Coastal Climate Initiative, NJNG customers can join this effort with a simple, on-bill donation option that will directly support the salt marsh restoration and preservation efforts being led by The Nature Conservancy in New Jersey.

To maximize the impact of their contributions, NJR will match each customer donation dollar for dollar up to $50,000. All donations go directly to The Nature Conservancy.

NJNG customers can donate to the Coastal Climate Initiative at njng.com/climate.

NJR’s Record of Sustainability Action

Today’s announcement builds on NJR’s strong record as a sustainability and environmental leader across its businesses:

• Achieved its goal of a 50% reduction in its New Jersey operational emissions from 2006 levels, 10 years ahead of schedule; set a new, higher target of a 60% emissions reduction by 2030.
• Expected to make 50% of its more than $2.6 billion of capital expenditures across NJR’s businesses in sustainability investments over the next four years.
• NJNG has invested nearly $2 billion in its system over the last decade, building the most environmentally sound natural gas distribution system in the state, as measured by leaks per mile.
• NJR has invested significantly in New Jersey’s clean energy economy, as the largest solar owner and operator in New Jersey, with 357 megawatts total installed capacity.
• Since 2009, NJNG invested nearly $220 million to help customers install energy-efficient equipment.
• NJNG was also recognized today as an Environmental Champion by Cogent Syndicated 2021 Utility Trusted Brand & Customer Engagement^TM Residential Study.

To learn more about NJR’s commitment to sustainability, visit NJRSustainability.com.

Forward-looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. NJR cautions readers that the assumptions forming the basis for forward-looking statements include many factors that are beyond NJR’s ability to control or estimate precisely, such as estimates of future market conditions and the behavior of other market participants. Words such as “anticipates,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” “believes,” “should” and similar expressions may identify forward-looking statements and such forward-looking statements are made based upon management’s current expectations, assumptions and beliefs as of this date concerning future developments and their potential effect upon NJR. There can be no assurance that future developments will be in accordance with management’s expectations, assumptions and beliefs or that the effect of future developments on NJR will be those anticipated by management. Forward-looking statements in this release include, but are not limited to, certain statements regarding NJR’s climate change initiatives and investments as well as NJR’s environmental, sustainability and clean energy goals and emission reduction targets.