PITTSBURGH, May 23, 2017 /PRNewswire/ -- CONSOL Energy
Inc. (NYSE: CNX) today announced the release of its annual
Corporate Responsibility Report, which details execution against
Key Performance Indicators and outlines activities and new
initiatives undertaken during the past year toward the Company's
comprehensive corporate responsibility goals.
CONSOL Energy President and Chief Executive Officer Nicholas J. DeIuliis commented, "Managing our
risk profile and creating value are benefits of our commitment to
corporate responsibility, but that obligation also breathes life
into our core values of safety, compliance and continuous
improvement." Mr. DeIuliis continued, "In short, not only does our
commitment to responsible business practices create long-term value
for our employees, our shareholders and the communities where we
live and work, but, most importantly, it is the right thing to do
and part of who we are at CONSOL Energy."
Throughout this report, unless otherwise noted, "CONSOL Energy"
or the "Company" refers to three operational areas: Natural gas
exploration and production, CONE Midstream Partners, LP and
Diversified Business Units. A separate report has been prepared
with sustainability performance data related to CONSOL Energy's
affiliate, CNX Coal Resources LP (NYSE: CNXC).
Following are key highlights included in the 2016
report:
Health, Safety and Environment (HSE): All
CONSOL Energy employees were safety trained in 2016, while 100
percent of the Company's employees worked at zero for the entire
year. CONSOL Energy employs 23 HSE professionals in support of its
safety and environmental compliance core values. This commitment to
the core values improves the reliability and deliverability of
products to customers, lowers costs, mitigates the potential for
fines and penalties and reduces the Company's discount rate,
ultimately increasing the value of the enterprise.
Corporate Governance: CONSOL Energy's Board of
Directors and management team firmly believe that sound principles
of corporate governance are essential in making good decisions on
behalf of its shareholders, employees and other stakeholders. The
Company's best-in-class corporate governance practices earned it
the highest possible ISS Governance Quality Score for 2016.
Commitment to the Region: Over 87 percent of service
providers' employees live and work in the CONSOL Energy operational
areas of Ohio, Pennsylvania and West Virginia, extending the Company's deep
local roots throughout the region.
To learn more, please visit,
http://www.consolenergy.com/responsibility
About CONSOL Energy
CONSOL Energy Inc. (NYSE: CNX) is
a Pittsburgh-based energy
producer, and one of the largest independent natural gas
exploration, development and production companies, with operations
centered in the major shale formations of the Appalachian basin.
The company deploys an organic growth strategy focused on
developing its substantial resource base. As of December 31, 2016, CONSOL Energy had 6.3 trillion
cubic feet equivalent of proved natural gas reserves. CONSOL Energy
is a member of the Standard & Poor's Midcap 400 Index.
Additional information may be found at www.consolenergy.com.
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SOURCE CONSOL Energy Inc.