Williams Releases 2020 Sustainability Report Focused on Environmental Stewardship and Building Strong Communities
July 28 2021 - 9:15AM
Business Wire
Williams (NYSE: WMB) announced today the release of its 2020
Sustainability Report, a comprehensive review of environmental,
social and governance (ESG) performance metrics as the company
meets growing demand for clean, affordable and reliable energy
while protecting the environment and building strong communities.
An electronic version of the report is available at
www.williams.com.
“Our 2020 Sustainability Report outlines the important role
natural gas plays today in a viable and sustainable low-carbon
future and how natural gas is critical to addressing and slowing
climate change,” said Williams President and CEO Alan Armstrong.
“As this report details, we are making headway on critical
ESG-related fronts; for example, becoming the first North American
midstream company to set a near-term climate goal based on right
here, right now emissions reduction opportunities and driving
progress toward diversifying our workforce and leadership team.
We’re also looking to the future as our nationwide infrastructure
footprint is well-suited and adaptable to renewable energy sources
like clean hydrogen and RNG blending. Williams’ ongoing focus on
sustainable operations positions us well to meet clean energy
demand for generations to come.”
Highlights of Williams’ 2020 Sustainability Report include the
following:
- Set a near-term goal of a 56% absolute reduction from 2005
levels in company-wide greenhouse gas emissions by 2030, putting
Williams on a path to net zero carbon emissions by 2050
- Reduced our reported methane emissions from natural gas
processing plants and transmission compressor stations by more than
58% since 2012 while increasing throughput volumes by 27% over the
same period
- Achieved a 33% decrease in air releases, surpassing our 2020
goal of 10%
- Achieved a 9% reduction in employee recordable injuries since
2017
- Joined the Leadership Advisory Board on the Coalition for
Renewable Natural Gas to advocate for renewable natural gas in
North America
- Introduced an educational platform, Catalyst, to provide
resources to drive social awareness
- Contributed nearly $11 million to initiatives that make
communities stronger
- Volunteered 18,263 hours with charitable organizations,
representing $521,226 in value
Williams’ 2020 Sustainability Report was prepared in accordance
with the Global Reporting Initiative (GRI) Standards and references
the Sustainability Accounting Standards Board (SASB) Oil & Gas
– Midstream Standard and Task Force on Climate-related Financial
Disclosures (TCFD) and the United Nations Sustainable Development
Goals (SDGs). In addition, Williams’ 2020 Sustainability Report
received independent assurance from ERM Certification and
Verification Services (ERM CVS) related to greenhouse gas
emissions, safety data and pipeline integrity.
About Williams
Williams (NYSE: WMB) is committed to being the leader in
providing infrastructure that safely delivers natural gas products
to reliably fuel the clean energy economy. Headquartered in Tulsa,
Oklahoma, Williams is an industry-leading, investment grade C-Corp
with operations across the natural gas value chain including
gathering, processing, interstate transportation and storage of
natural gas and natural gas liquids. With major positions in top
U.S. supply basins, Williams connects the best supplies with the
growing demand for clean energy. Williams owns and operates more
than 30,000 miles of pipelines system wide – including Transco, the
nation’s largest volume and fastest growing pipeline – and handles
approximately 30 percent of the natural gas in the United States
that is used every day for clean-power generation, heating and
industrial use. www.williams.com
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the company
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Any such statements are made in reliance on the “safe
harbor” protections provided under the Private Securities Reform
Act of 1995. Additional information about issues that could lead to
material changes in performance is contained in the company’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
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MEDIA: media@williams.com (800) 945-8723
INVESTOR CONTACT: Danilo Juvane (918) 573-5075
Grace Scott (918) 573-1092
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