Cheniere Publishes Inaugural Corporate Responsibility Report
July 06 2020 - 8:00AM
Business Wire
“First and Forward” report enhances
transparency, highlights company’s efforts and performance on
environmental, social and governance issues
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE
American: LNG) announced today that it has published its inaugural
corporate responsibility report, titled First and Forward. The
report identifies and details Cheniere’s performance on
environmental, social and governance (ESG) metrics, and describes
the Company’s important role as a responsible, sustainable business
advancing the global transition to a lower carbon future.
Cheniere’s corporate responsibility report includes disclosures
aligned with the recommendations of the Task Force on
Climate-related Financial Disclosures (TCFD), the Sustainable
Accounting Standards Board (SASB) and other leading reporting
standards. Cheniere’s corporate responsibility report is expected
to be updated and published annually.
“We are proud to publish our inaugural corporate responsibility
report, a company-wide effort that represents a significant step
forward in our transparency commitments on sustainability issues.
From COVID-19 to climate change to diversity and inclusion, First
and Forward forms the foundation of Cheniere’s disclosures on key
ESG themes,” said Jack Fusco, Cheniere’s President and CEO. “Our
commitment to address ESG issues is core to our operations and
critical to our future as a leading global LNG provider.”
First and Forward is available HERE.
The report demonstrates Cheniere’s progress through action
across key themes—climate, environment, workforce, health and
safety, community, and governance—since it began operations in
2016. Some of those include:
- Achieving a 35% reduction in greenhouse gas (GHG) intensity in
operations (Scope 1).
- Reducing methane intensity by 64% in our operations.
- Improving our safety performance with a 63% reduction in total
recordable incident rate (TRIR) and a 43% reduction in lost time
incident rate (LTIR).
- Increasing workforce diversity, with a 15% increase in ethnic
minority employees and a 21% increase in women and 14% in ethnic
minorities in management.
- Investing more than $3.7 million into local communities,
including more than $1 million for global COVID-19 relief
efforts.
- Establishing board-level oversight of climate and
sustainability issues.
- Creating a dedicated climate and sustainability department and
cross-functional team to manage the corporate responsibility
program.
- Adopting Cheniere’s Climate and Sustainability Principles.
Cheniere’s First and Forward report is a benchmark for actions
that improve the company’s ESG performance. The report details
Cheniere’s commitments to support the transition to a lower-carbon
economy and reaffirms natural gas as a fundamental energy source in
a lower-carbon future.
For more information on Cheniere and our sustainability efforts
please visit cheniere.com.
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of
liquefied natural gas (LNG) in the United States, reliably
providing a clean, secure, and affordable solution to the growing
global need for natural gas. Cheniere is a full-service LNG
provider, with capabilities that include gas procurement and
transportation, liquefaction, vessel chartering, and LNG delivery.
Cheniere has one of the largest liquefaction platforms in the
world, consisting of the Sabine Pass and Corpus Christi
liquefaction facilities on the U.S. Gulf Coast, with expected total
production capacity of approximately 45 million tonnes per annum of
LNG operating or under construction. Cheniere is also pursuing
liquefaction expansion opportunities and other projects along the
LNG value chain. Cheniere is headquartered in Houston, Texas, and
has additional offices in London, Singapore, Beijing, Tokyo, and
Washington, D.C.
For additional information, please refer to the Cheniere website
at cheniere.com and Quarterly Report on Form 10-Q for the quarter
ended March 31, 2020, filed with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20200706005029/en/
Cheniere Energy, Inc.
Media Relations Eben Burnham-Snyder 713-375-5764 Jenna Palfrey
713-375-5491
Investors Randy Bhatia 713-375-5479 Megan Light 713-375-5492
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