Mammoth Energy Services Supports NJR's Sustainable Community Resilience Initiative

NJR's Commitment to Community Resilience Through Sustainable Initiatives

New Jersey Resources (NJR) announces a significant partnership with Rutgers University to launch the "Vibrant Communities" program, dedicating $50,000 from its Coastal Climate Initiative (CCI) towards enhancing sustainability and resilience in the Manitou Park area of South Toms River Borough. This initiative is designed to address the needs of an overburdened community through the development of a sustainable landscape master plan. The project not only aims to implement environmental improvements but also emphasizes the establishment of a stewardship and management plan to ensure long-term benefits for local residents.

NJR's President and CEO, Steve Westhoven, articulates the company’s vision of community investment, stating, "Giving back and investing in the communities we serve is a core value of our company." The collaboration with Rutgers marks a pioneering effort, engaging graduate students from the university's Landscape Architecture Program to bring academic expertise into practical community applications. This initiative serves dual purposes: it enhances local green spaces while providing students with invaluable hands-on experience in community engagement and regulatory processes. The project will focus on improving stormwater management to mitigate flood risks and reduce pollution into the Toms River, thereby fostering a healthier local ecosystem.

The program's goals extend beyond environmental improvements; they encompass community collaboration and local environmental stewardship. By engaging various stakeholders, including community members and private sector partners, NJR aims to inspire a collective movement towards sustainable living. Professor Holly Nelson from Rutgers highlights the program's collaborative nature, emphasizing the importance of uniting corporate partners, students, and communities to drive meaningful change. This initiative underscores NJR's commitment to addressing the pressing challenges of climate change while fostering resilience and education in the communities it serves.

In addition to the Vibrant Communities program, NJR recently held its 72nd Annual Shareowners Meeting, where it announced the election of three new board members committed to advancing the company’s growth strategy. Shareowners also ratified the advisory resolution on executive compensation and Deloitte & Touche LLP as the independent accounting firm for the upcoming fiscal year.

As a Fortune 1000 company, NJR continues to lead in providing safe and reliable natural gas and clean energy services. With over 1,300 employees, NJR is dedicated to promoting energy conservation and efficiency through its initiatives, such as Conserve to Preserve® and SAVEGREEN®. The company's ongoing efforts to support community resilience highlight its strategic approach to both environmental sustainability and corporate responsibility.