Cheniere Highlights the Power of Connection in 2022 Corporate Responsibility Report
August 09 2023 - 09:00AM
Business Wire
Cheniere Energy, Inc. (NYSE American: LNG) today published its
2022 Corporate Responsibility Report, titled The Power of
Connection, highlighting the company’s efforts to link U.S. energy
supply with markets worldwide during a crucial moment in history,
when energy security and energy transition goals have become key
for countries around the world.
The Power of Connection also details Cheniere’s progress on
environmental, social and governance (ESG) matters, including the
company’s safety-first culture, commitment to the communities in
which it operates, environmental management and strategic climate
initiatives.
“In 2022, the power of Cheniere’s connection to the world was
made clear. We connected abundant North American natural gas to
markets where it was needed most and did so in a safe and
responsible manner, helping to ensure hundreds of millions of
people around the world had secure and reliable energy,” said Jack
Fusco, Cheniere’s President and CEO. “We also advanced key
initiatives that enhanced our environmental transparency and
improved the sustainability of our product, including our science-
and evidenced-based emissions programs and our sixth consecutive
year of safety performance improvements.”
Highlights from Cheniere’s 2022 Corporate Responsibility Report
include:
- Bolstering Europe's energy security during an energy crisis,
with over 460 LNG cargoes, or more than 70% of LNG produced by
Cheniere, being delivered to the continent
- Achieving record safety performance, with a Total Recordable
Incident Rate of 0.05 and Lost Time Incident Rate of 0.00, for a
sixth consecutive year of performance improvement
- Commencing the issuance to all long-term customers of Cargo
Emissions Tags, which provide estimated greenhouse gas emissions
associated with each cargo produced at our facilities
- Initiating Quantification, Monitoring, Reporting and
Verification (QMRV) projects with midstream partners and at
Cheniere’s liquefaction facilities, complementing the company’s
upstream and shipping QMRV programs launched in 2021, and achieving
publication of results in a peer-review scientific journal
- Joining the Oil and Gas Methane Partnership 2.0, the United
Nations Environment Programme’s flagship oil and gas methane
emissions reporting and mitigation initiative
- Expanding the weight of ESG metrics to 30% in our annual
performance scorecard that applies to all employees
- Tallying more than 15,000 volunteer hours by employees and
contributing $1 million to historically underserved
communities
The Power of Connection aligns with recommendations of the Task
Force on Climate-Related Financial Disclosure (TCFD), the
Sustainable Accounting Standards Board and other leading reporting
standards. It focuses on seven key areas – Communities; Climate;
Environment; Health and Safety; Team; Diversity, Equity and
Inclusion; and Governance.
To read the full report, past reports and accompanying
materials, visit the Report Center at 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 total
production capacity of approximately 45 million tonnes per annum
(“mtpa”) of LNG in operation and an additional 10+ mtpa of expected
production capacity 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 www.cheniere.com and Quarterly Report on Form 10-Q for the
quarter ended June 30, 2023, filed with the Securities and Exchange
Commission.
Forward-looking statement
This press release contains certain statements that may include
“forward-looking statements” within the meanings of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements, other than statements of
historical or present facts or conditions, included herein are
“forward-looking statements.” Included among “forward-looking
statements” are, among other things, (i) statements regarding
Cheniere’s financial and operational guidance, business strategy,
plans and objectives, including the development, construction and
operation of liquefaction facilities, (ii) statements regarding
regulatory authorization and approval expectations, (iii)
statements expressing beliefs and expectations regarding the
development of Cheniere’s LNG terminal and pipeline businesses,
including liquefaction facilities, (iv) statements regarding the
business operations and prospects of third-parties, (v) statements
regarding potential financing arrangements, (vi) statements
regarding future discussions and entry into contracts, and (vii)
statements relating to Cheniere’s capital deployment, including
intent, ability, extent, and timing of capital expenditures, debt
repayment, dividends, share repurchases and execution on the
capital allocation plan. Although Cheniere believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Cheniere’s actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in Cheniere’s periodic reports that are
filed with and available from the Securities and Exchange
Commission. You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Other than as required under the securities laws,
Cheniere does not assume a duty to update these forward-looking
statements.
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Investors Randy Bhatia, 713-375-5479 Frances Smith,
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Media Eben Burnham-Snyder, 713-375-5764 Bernardo Fallas,
713-375-5593
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