National Fuel Releases its 2023 Corporate Responsibility Report

WILLIAMSVILLE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company, NYSE: NFG) today released its 2023 Corporate Responsibility Report (Report), detailing the Company's policies, practices and performance metrics in key corporate responsibility and sustainability areas. An electronic version of the report is available by clicking here.

"At National Fuel, we are committed to being a responsible corporate partner in the communities where we live and work," said David P. Bauer, President & Chief Executive Officer of National Fuel Gas Company. "In 2023, we continued our ongoing efforts to reduce methane emissions, prioritize safety and focus on diversity and engagement initiatives that create positive impacts for our workforce and communities."

2023 Report Highlights:

• Absolute Emissions Reductions: Reducing consolidated methane emissions 17.1% and consolidated greenhouse gas emissions 5.6% from 2020.
• Continued Progress Towards Methane Intensity Targets: Progress toward 2030 methane intensity targets at each of our business segments ranging from 9.7% to 48.5% reductions.
• Responsible Natural Gas Certifications: Achievement of responsibly sourced gas designations to differentiate our production and gathering operations and provide independent, credible verification of our environmental, social and governance related policies, procedures and practices.
• Furthering Environmental Stewardship: Programs focused on biodiversity enhancement and wildlife conservation to improve habitats through restoration efforts and minimize impacts to ecologically sensitive areas.
• Focus on Inclusive Hiring and Career Development: Quantitative diverse hiring metrics and participation rates in leadership training programs in 2023.
  

National Fuel's 2023 Corporate Responsibility Report
The Company's Corporate Responsibility Report incorporates multiple 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). Against the backdrop of the numerous initiatives and commitments described in this Report, and overall strength of National Fuel's business, the Company's future is bright. National Fuel's integrated, diversified natural gas business provides the opportunity, across the value chain, to meet growing energy demand, and to do so by providing reliable, sustainable and affordable energy.