Published by Todd Bush on August 1, 2022
TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) announced today the release of its 2021 Sustainability Report, showing specific steps the company has taken toward meeting its 2030 climate commitment. In addition to providing a comprehensive review of environmental performance metrics, the latest sustainability report details the company’s focus on social and governance issues as it serves growing demand for clean, affordable and reliable energy while protecting the environment and building strong communities. An electronic version of the report is available at www.williams.com/sustainability.
>> In Other News: Pearce Renewables Acquires MFG Energy Services, a Leading Provider of Composite Blade Repair, Engineering, and Inspection Services for Wind Turbines
“As one of the nation’s leading energy infrastructure providers, we are committed to leveraging our large-scale natural gas infrastructure for the benefit of tomorrow and generations to come,” said Williams President and CEO Alan Armstrong. “We have prioritized our natural gas-focused strategy because we see firsthand the critical role it plays in providing affordable and dependable low-carbon energy while supporting the growth of renewables. At the same time, we recognize that more needs to be done to mitigate the risks of climate change and stimulate technology growth needed to build a viable clean energy economy.”
Highlights of Williams’ 2021 Sustainability Report include the following:
No. 1 in peer group in Dow Jones Sustainability Index for 2021; only U.S. energy company to rank in DJSI world index
Top 5: Brendon Wood International Shareholder Confidence Index for U.S. Power and Utility Companies
Reduced company-wide Scope 1 & 2 absolute greenhouse gas emissions by 47% since 2005 in line with 2030 climate commitment to reduce emissions by 56% from 2005 levels, putting Williams on a path to net zero carbon emissions by 2050
Reduced pipeline blowdown GHG emissions by average of 84% when using recompression technology
Avoided 5.68 million tons of CO2 equivalent between 1993 and 2021 by partnering with the Natural Gas STAR program
Committed more than $40 million via Corporate Venture Capital program for innovative climate change technologies including hydrogen production and transport, carbon capture applications and state-of-the-art emissions quantification, monitoring, reporting and verification platforms.
Advanced 10 solar projects to permitting state
Reinvigorated employee resource groups (ERGs) to drive inclusion across the enterprise
Pledged support for the CEO Action for Diversity and Inclusion Coalition
Filled 39% of open positions from within
30% of early career hires over the past five years from underrepresented race and ethnicity groups
Held more than 185 stakeholder engagement events with local communities
Contributed more than $12 million to more than 2,100 organizations across 48 states
Volunteered more than 23,000 hours with charitable organizations.
Williams’ 2021 Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards and references the Sustainability Accounting Standards Board (SASB) Oil & Gas – Midstream Standard and Task Force on Climate-related Financial Disclosures (TCFD) and the United Nations Sustainable Development Goals (SDGs). In addition, Williams’ 2021 Sustainability Report received independent assurance from ERM Certification and Verification Services (ERM CVS) for select greenhouse gas emissions, safety, pipeline integrity and diversity & inclusion data.
As the world demands reliable, low-cost, low-carbon energy, Williams (NYSE: WMB) will be there with the best transport, storage and delivery solutions 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, storage, wholesale marketing and trading 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. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, next generation gas and other innovations at www.williams.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Inside this Issue 💡 1PointFive's South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding 🔗 H2 Clipper's Patented 'Hydrogen Ledger' Uses Blockchain Technology to Track Purity a...
Plan to Build California’s First Carbon Removal and Storage Project Gets a Big Boost
BAKERSFIELD, Calif. — A plan to build California’s first carbon storage facility received a big boost Thursday night. The Kern County Planning Commission voted to give the state’s largest oil produ...
Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a New Color
America and Europe have been strong trade partners for hundreds of years. A new venture to ship clean hydrogen across the Atlantic Ocean is set to bring the relationship into a greener and more env...
AFC Energy Launches Hyamtec Limited (“Hyamtec”) to Unlock the Global Hydrogen Value Chain
DUNSFORD, England--(BUSINESS WIRE)--Hyamtec, the UK’s newest hydrogen company, has been launched by AFC Energy plc to deliver next-generation modular ammonia cracking technology. This launch repres...
Technip Energies Appoints Benjamin Lechuga as New Chief Strategy & Sustainability Officer
Technip Energies announces the appointment of Benjamin Lechuga as Chief Strategy & Sustainability Officer and member of the Group Executive Committee >> In Other News: JBS USA and GreenG...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.