Being a good neighbor and environmental steward is core to what we do and is a primary focus throughout all levels of decision-making.
Our 2019 Corporate Responsibility Report, produced in accordance with the Global Reporting Initiative (GRI) core-option, provides an overview of our environmental commitments and impacts. For 2020, CNX has committed to expanding our disclosures to include recommendations outlined by the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD) reporting frameworks.
The Appalachian basin remains not only the largest, but most efficient and environmentally friendly producer of natural gas. We will continue to push the envelope — through technology and process improvements – to maintain the region’s leadership position within the industry. From reduced venting and flaring, and employing vapor recovery systems, to improved leak detection, equipment repairs, and plugging certain wells, new and innovative technologies help us more effectively and efficiently produce natural gas.
CNX is committed to reducing methane emissions through a variety of initiatives including:
- The formation of a multi-disciplinary task force focused on evaluating cutting-edge control and monitoring technologies.
- Expanded governance processes to include the evaluation of ESG topics through the Environmental, Safety & Corporate Responsibility Committee within CNX’s BOD.
- Introduction of methane-related KPIs associated with executive compensation incentives in 2021.
- Evaluating opportunities for carbon credit generation through methane destruction and reforestation initiatives.