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Select Water Solutions Achieves 2024 Sustainability Milestones in Water Management and Environmental Stewardship

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Cashu
1 day ago
Cashu TLDR
  • Select Water Solutions treated or recycled 20 billion gallons of water in 2024, a 9% increase from last year.
  • The company boosted environmentally-responsible disposal volumes by 41%, minimizing its overall environmental impact.
  • Select surpassed its annual water recycling and employee safety targets by 324% and 49%, respectively, and reduced emissions by 8%.

Select Water Solutions Sets New Sustainability Benchmarks in 2024

In 2024, Select Water Solutions achieves remarkable advancements in sustainability, underscoring its commitment to responsible water management and environmental stewardship. The company successfully treats or recycles 20.0 billion gallons of water, representing a 9% increase from the previous year. Additionally, Select boosts its environmentally-responsible disposal volumes by an impressive 41%, showcasing its proactive approach to minimizing environmental impact. This progress not only reflects the company’s dedication to sustainability but also positions it as a leader in the water solutions sector.

The 2024 Sustainability Report reveals that Select Water Solutions surpasses its annual water recycling and employee safety targets by a staggering 324% and 49%, respectively. These achievements highlight the company’s operational excellence and commitment to safety within its workforce. Furthermore, Select reports an 8% year-over-year reduction in combined Scope 1 and Scope 2 greenhouse gas emissions, illustrating its ongoing efforts to enhance environmental performance. Chairman and CEO John Schmitz emphasizes the expansion of recycling operations and infrastructure, reinforcing the company's vision of sustainable growth.

Looking ahead, Select Water Solutions remains focused on advancing its sustainability goals with new ambitious targets set in its recently closed sustainability-linked credit facility. The company’s strategic planning includes signing multiple long-term contracts for facility developments anticipated in 2025 and 2026. Moreover, Select progresses on beneficial reuse solutions, including pilot projects aimed at repurposing produced water. This holistic approach not only optimizes operations but also enhances the company’s leadership position in sustainable water management solutions.

In addition to its sustainability efforts, Select Water Solutions expresses appreciation to its employees and community stakeholders for their unwavering support. The commitment to optimizing operations and reinforcing its leadership in the industry is evident as the company gears up for future challenges and opportunities. As Select looks toward 2025, it continues to prioritize environmental performance while setting higher standards in the water management sector.

The energy sector is also witnessing innovative advancements, as evidenced by the upcoming EnerCom Denver Conference, which celebrates its 30th anniversary. This event will feature a session focused on energy transition and emerging technology, highlighting companies like Teren and ESal, which are pioneering solutions to address environmental challenges and enhance operational efficiency. The conference serves as a vital platform for innovators, showcasing the synergy between technological progress and sustainable practices within the broader energy landscape.

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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