Hart Energy recently cited a survey by global investment manager BlackRock Inc. showing that the majority of the respondents “considered sustainable investing to be fundamental to investment processes and outcomes.”
The article, Midstream Navigates a New Normal, highlights Williams as an industry leader in the areas of environmental, social and governance – also called ESG. In addition to being the first North American Midstream company to establish a climate commitment with tangible, near-term goals for reducing emissions, Williams also co-led the Energy Infrastructure Council’s midstream ESG reporting template initiative and was among the first companies to document its ESG efforts through the tool.
“By integrating ESG practices throughout the company and into our everyday operations, we hold ourselves accountable through transparent interactions with customers, employees and shareholders,” Williams’ president and CEO Alan Armstrong told Hart Energy. “In recent years we have significantly increased efforts to tell our story around these themes.”
Williams is focused on sustainable operations, including ready-now solutions to address climate change. The company is leveraging its natural gas-focused strategy and technology that is available today to focus on immediate opportunities to reduce emissions and scale renewables such as solar and renewable natural gas. Williams is also investing time and resources to explore how it can play a role in bringing clean hydrogen to market.
“Williams’ nationwide footprint is well-positioned with end-use demand, particularly in highly populated areas, to participate in hydrogen-based energy storage and transport,” Armstrong said. “Our ability to blend hydrogen into our existing system is a significant advantage and has the potential to accelerate the use of hydrogen in reducing carbon emissions.”
The article mentions Williams’ annual sustainability report, which is set to be released this summer and uses qualitative descriptions and quantitative metrics to lay out its policies, practices and performances across the ESG board which can be seen throughout the company, from executive boardrooms, to everyday operations
Read the full article on Hart Energy here.