Williams Recognized by CDP for Climate Change Actions and Reporting Transparency
December 15 2020 - 7:30AM
Business Wire
- Company continues to demonstrate industry leadership through
its strong ESG performance across several key rankings
- ESG Analyst Event scheduled for Jan. 19, 2021
Williams (NYSE: WMB) was recognized by CDP with a ‘B’ score for
its commitment to transparency and governance around climate
change, ranking above the sector (oil and gas storage and
transportation) average of ‘C’ and exceeding the North American
regional average of ‘D’. Williams’ score signifies the company is
taking coordinated action on climate change.
"As the first North American midstream company to set aggressive
and actionable climate targets, Williams is committed to addressing
climate change in a pragmatic and economically feasible manner
across our operations, and we hold ourselves accountable through
transparent interactions with customers, employees and
shareholders," said Alan Armstrong, president and chief executive
officer. "This recognition from CDP demonstrates that Williams is
on the right track to successfully sustain and evolve our natural
gas-focused business to reduce emissions and build a clean energy
economy while delivering long-term value to stakeholders.”
CDP's annual disclosure and scoring process is a widely
recognized measure of strong corporate environmental transparency
and performance. This is the first year Williams participated in
the full disclosure and scoring process through the CDP climate
change questionnaire.
Williams’ focus on sustainable performance is recognized in
other key rankings for 2020, including:
- Dow Jones Sustainability Index: Williams ranked in the
top 7% in the oil and gas storage and transportation industry and
peer group and was added to the Dow Jones North America Sustainable
Index for the first time this year.
- Sustainalytics: Williams ranked in the top 5% in the
Refiners and Pipelines industry group, reflecting strong management
of material Environmental, Social and Governance (ESG) issues.
- MSCI: Williams maintained a BB rating, illustrating its
ongoing emphasis on ESG developments.
Williams continues to take an active industry role in
demonstrating real and sustainable achievements in ESG reporting by
co-leading an initiative though the Energy Infrastructure Council
(EIC) to launch the first-ever Midstream Company ESG Reporting
Template that allows midstream energy infrastructure companies to
present their sustainability metrics that matter most to investors
in a transparent and comparable way.
ESG Analyst Event scheduled for Jan. 19
Williams will host a virtual ESG event on Tuesday, Jan. 19,
2020, from 9 a.m. to 11:30 a.m. CT, to discuss its ESG performance,
climate commitment and forward-looking strategy for sustainable
operations. Additional information on this event will be shared in
early January.
To read the company’s 2019 Sustainability Report, visit
https://www.williams.com/sustainability/climate-commitment/.
To learn more about Williams’ climate commitment visit
https://www.williams.com/climate-commitment/.
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.
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