Williams (NYSE: WMB) shares were somewhat flat Thursday, on the release of its latest Sustainability Report, which provides a comprehensive review of environmental performance metrics and details the company’s focus on social and governance issues
According to CEO Alan Armstrong, “As a company that has been solving energy challenges for over 100 years, we are focused on delivering energy solutions that are both environmentally and economically sustainable and will benefit the world for generations to come.
“This annual sustainability report reflects the important work of our 5,000-plus employees across the United States who join me in doing what’s right. Our people care deeply about providing energy to enhance quality of life, while protecting the environment and keeping each other and our assets safe in support of our local communities.”
Highlights of the report include the following:
• Ranked in top 1% of industry peer group for the S&P Global Corporate Sustainability Assessment
• Included for 2nd consecutive year on the Dow Jones Sustainability™ World Index
• Listed on America’s Most Responsible Companies (2022) by Newsweek
• Reduced Scope 1 and Scope 2 greenhouse gas emissions by 43% since 2005, working toward a 2030 goal of a 56% reduction
• Outperformed 2022 target of reducing total methane emissions by 5% from a three-year average
• Executed first customer agreement for delivery of NextGen Gas, providing full supply chain measurement of methane intensity from production through delivery.
WMB shares squeezed ahead six cents to $34.13.
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