Rating groups laud Williams’ strong ESG performance and transparency

Staff Reports

Key ranking groups are recognizing Williams’ commitment to transparency around environmental, social and governance performance (ESG).

Williams ranked No. 1 in its peer group in the Dow Jones Sustainability Index for 2021 and was the only U.S. energy company to be included in their world index, as well as the North American index.  

CDP, another widely recognized disclosure and scoring process, gave Williams a ‘B’ score for its commitment to transparency around climate change. This ranking exceeds the sector (oil and gas storage and transportation) activity group average of ‘B-’ as well as the North American regional average of ‘C’.

Williams’ score signifies the company is taking coordinated action on climate change. This is the second year Williams participated in the full disclosure and scoring process through the CDP climate change questionnaire.

“I am proud of the strides we are making as a company to tackle emissions with right here, right now solutions while also leveraging new technologies alongside our natural gas infrastructure to deliver clean, reliable and affordable energy,” said Alan Armstrong, president and chief executive officer of Williams.

“These recent ESG ratings validate our commitment to holding ourselves accountable and being transparent with customers, employees and shareholders, but we still have lots to accomplish on this journey,” he said. “I want to thank our employees for their efforts this past year to make all this possible as we continue to execute our clean energy strategy and deliver long-term value to our stakeholders.”

Williams also was ranked by Sustainalytics and MSCI.

At Sustainalytics, Williams ranked in the top 4% in the Refiners and Pipelines industry group, reflecting strong management of material ESG issues. At MSCI, Williams upgraded to a BBB rating, illustrating its ongoing emphasis on ESG developments.