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ONE Gas Highlights Sustainability Commitment and Community Engagement in Annual Report

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Cashu
5 days ago
Cashu TLDR
  • ONE Gas demonstrates sustainability commitment through a 51% reduction in Scope 1 emissions and a vintage pipeline replacement program.
  • The company prioritizes safety, earning recognition as one of the safest natural gas distribution companies in the U.S.
  • ONE Gas invests $3.3 million in community initiatives, with employees volunteering over 10,000 hours in 2024.

ONE Gas Reinforces Commitment to Sustainability in Recent Report

ONE Gas, headquartered in Tulsa, Oklahoma, showcases its dedication to sustainability and community engagement in its newly released annual Sustainability Report. The report outlines significant achievements from 2024, underscoring the company’s commitment to enhancing energy solutions and fostering a sustainable energy future. President and CEO Sid McAnnally highlights the company’s focus on safety, environmental sustainability, and employee engagement, which are central to its operational ethos and long-term strategy. This report not only reflects ONE Gas's efforts to promote safety within its workforce but also its ambition to lead in environmental stewardship within the natural gas industry.

Safety remains paramount at ONE Gas, as evidenced by its recognition from the American Gas Association for eight consecutive years. The company ranks among the safest natural gas distribution companies in the United States, reflecting its commitment to maintaining a secure working environment for employees. This dedication to safety is complemented by a robust training and support framework that empowers employees and promotes a culture of safety excellence throughout the organization. By prioritizing safety, ONE Gas not only protects its workforce but also reinforces its reputation as a responsible operator in the energy sector.

In terms of environmental impact, ONE Gas achieves a noteworthy 51% reduction in Scope 1 emissions, thanks in large part to its vintage pipeline replacement program. This initiative positions the company on track to meet its ambitious goal of a 55% reduction in emissions from distribution pipelines by 2035, aligning with industry standards for sustainability. Additionally, ONE Gas emphasizes its role in community engagement, with employees, retirees, and their families volunteering over 10,000 hours in 2024. The ONE Gas Foundation actively supports local needs, allocating $3.3 million toward initiatives in education, workforce development, and disaster recovery. This multifaceted approach underscores ONE Gas's commitment to not only delivering natural gas but also fostering stronger, more sustainable communities.

The Sustainability Report serves as a comprehensive overview of ONE Gas's ongoing efforts in safety, environmental stewardship, and community collaboration, reflecting its mission to provide natural gas for a better tomorrow. As the company continues to innovate and engage with stakeholders, it lays a solid foundation for a sustainable energy future, ensuring that its operations benefit both the environment and the communities it serves. For those interested in a deeper understanding of the company’s initiatives and achievements, the complete Sustainability Report is readily available for public review.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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