New Jersey Resources Expands Coastal Climate Initiative, Environmental Stewardship Efforts With Milestone Funding Announcement - Seite 2

NJR’s fiscal 2023 Corporate Sustainability Report released today details progress on its sustainability agenda spanning environmental, social and governance initiatives — including emission reduction goals and decarbonization priorities — across the company.

Highlights within NJR’s 2023 Corporate Sustainability Report include:

• Completed North America’s largest capped landfill solar array and largest floating solar array – both located in New Jersey – solidifying NJR Clean Energy Ventures’ national leadership in innovative renewable energy.
• Achieved the highest single-year investment of $59 million in NJNG’s energy-efficiency programs – cutting carbon emissions by helping customers reduce their energy consumption.
• Continued to advance cutting-edge, lower-carbon energy solutions, including carbon capture technology and high-efficiency gas heat pumps in NJR’s own facilities.
• Engaged in dynamic partnerships with leading academic and industry research organizations to support our emissions reduction and innovation efforts, including:
  • GTI Energy’s Emerging Technology and Net Zero Infrastructure Programs
  • Stanford University’s Natural Gas Initiative at its Doerr School of Sustainability and Precourt Institute of Energy
  • Princeton University’s Andlinger Center for Energy and the Environment
  • Our Nation’s Energy Future (ONE Future)
• Named one of America’s Most Responsible Companies by Newsweek for the fifth consecutive year – one of only 156 companies nationwide to be recognized every year since 2020.
• Provided approximately 4,000 hours of volunteer service – nearly double the amount of the previous year.

To read the full sustainability report, please visit our website: www.njrsustainability.com.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

• New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains natural gas transportation and distribution infrastructure to serve nearly 576,000 customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex, Sussex and Burlington counties.
• Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of approximately 469 megawatts, providing residential and commercial customers with low-carbon solutions.
• Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
• Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
• Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve and initiatives such as SAVEGREEN and The Sunlight Advantage.