Curated News
By: NewsRamp Editorial Staff
April 15, 2024
Diversified Energy Achieves Significant Sustainability Milestones in 2023
TLDR
- Diversified Energy achieved a 33% reduction in methane intensity, gaining a competitive edge in sustainability efforts.
- The company focused on quantitative and qualitative improvements, retiring three times as many wells and achieving interim methane intensity reduction targets ahead of schedule.
- Diversified Energy's sustainability efforts and community contributions make the world a better place, aiming for a 50% reduction in methane intensity by 2030.
- The company has retired nearly three times as many wells, contributed over $2 million to community programs, and improved sustainability performance, making it an interesting case study in sustainable business growth.
Impact - Why it Matters
The sustainability milestones achieved by Diversified Energy Company PLC demonstrate a commitment to reducing environmental impact and promoting social responsibility. The company's efforts not only benefit the environment but also contribute to community programs and workforce diversity. The achievements also set a positive example for other organizations to prioritize sustainability and social responsibility.
Summary
Diversified Energy Company PLC's Senior Vice President of Sustainability, Teresa Odom, discusses the company's sustainability efforts and achievements with Proactive's Stephen Gunnion. Key highlights from the company's fifth annual sustainability report include a 33% year-over-year reduction in methane intensity, retirement of nearly three times as many wells, and over $2 million contributed to community programs. The company plans to focus on methane intensity reduction and compliance with new US regulations in 2024.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Diversified Energy Achieves Significant Sustainability Milestones in 2023
