Kinder Morgan, Inc. has announced the publication of its 2019 Environmental, Social and Governance (ESG) report. This report builds on its vision as a company to deliver energy to improve lives and create a better world.
“We have provided additional ESG-related metrics throughout our report, including our electricity and renewable energy usage, company-wide air emissions and community investments,” said KMI’s Chief Operating Officer James Holland. “This report is reflective of Kinder Morgan’s safe, efficient and responsible operations and commitment to transparency. We have also included results of physical risk scenario analysis and documented our expanded diversity and inclusion initiatives.”
Kinder Morgan continues to view natural gas as part of the solution for reducing the world’s greenhouse gas emissions (GHG). As detailed in the report, the company has worked to reduce methane emissions throughout the energy value chain, particularly in the midstream sector. In 2016, the company set a goal of achieving an intensity target of 0.31% of methane emissions per unit of throughput by 2025 for its natural gas transmission and storage assets. From 2017 through 2019, KMI was able to achieve a methane emission intensity rate for these operations of 0.04%, 0.02%, and 0.03%, respectively - surpassing its 0.31% target years ahead of schedule. The company has also increased its focus on reducing additional GHG emissions from its operations and has identified and implemented multiple emission reduction projects.
The 2019 Environmental, Social and Governance (ESG) report is available on the Kinder Morgan website at ESG Reports.
Read the article online at: https://www.worldpipelines.com/business-news/23102020/kinder-morgan-issues-2019-esg-report/
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