CONSOL Energy releases 2022 corporate sustainability report
Published by Will Owen,
CONSOL Energy Inc. has announced the release of its 2022 Corporate Sustainability Report: ‘Forward Progress: From Our Mines to the World’.
The report is CONSOL’s sixth since becoming an independent, publicly listed company in 2017 and is available for download at www.consolenergy.com/sustainability
The report provides an update on the company’s efforts to advance its Forward Progress sustainability initiative during the fiscal year ended 31 December 2022, including:
- Coal operations employees achieving a total recordable incident rate of 2.28, or 51% below Mine Safety and Health Administration industry averages for the underground bituminous coal mining industry.
- Maintaining an environmental compliance record exceeding 99.9% for the 10th consecutive year on the company’s assets, as measured by the rate of compliance with permit effluent limits.
- Advancing revenue diversification goals with the overall share of revenue from domestic power generation declining to 39.9% from 55.3% in 2020.
- Completing the acquisition of the remaining equity interests in CFOAM Corp. and the formation of CONSOL Innovations LLC, as a platform for advancing CONSOL’s technology development efforts.
Additionally, the report highlights CONSOL’s continued sustainability endeavours, including the company’s voluntary direct operating GHG emission reduction program, as well as its strategic partnerships that seek to advance the technologies needed to support the achievement of ambitious climate goals, such as carbon capture utilisation and storage (CCUS).
The company firmly believes its responsibly produced coal is and will continue to be needed in the mix of energy sources to achieve the transition toward climate change goals: “Our world-class asset base will continue to be relied upon to support infrastructure build-out in the industrial and metallurgical sectors, and to provide the secure, stable, and reliable energy that improves global quality of life and ultimately drives Forward Progress.”
Read the article online at: https://www.worldcoal.com/coal/23032023/consol-energy-releases-2022-corporate-sustainability-report/
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