Today, Seneca Resources Company, LLC (Seneca), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG) (National Fuel or the Company), announced its commitment to seek certification of 100% of its Appalachian natural gas production under Equitable Origin’s EO100™ Standard for Responsible Energy Development, a set of rigorous environmental, social, and governance (ESG) performance standards. Seneca initiated the certification process in May and expects to complete the process early next year.
The EO100™ Standard provides a framework to monitor on-the-ground operational performance, as well as operator-level ESG performance. As part of the ongoing certification process, an independent assessment body will complete an evaluation of Seneca’s natural gas production and operational practices against the five principles of the EO100™ Standard, including corporate governance and ethics, social impacts, human rights and community engagement, Indigenous Peoples’ rights, occupational health and safety and fair labor standards, and environmental impacts, biodiversity, and climate change.
“We are excited to work with Equitable Origin on this responsible natural gas certification, which demonstrates Seneca’s continued commitment to sustainability, and will allow us to differentiate our natural gas production in the market,” said Justin Loweth, President of Seneca Resources. “The accelerated interest in ESG disclosures by the investment community and other stakeholders presents an opportunity for Seneca to continue to showcase the quality of our assets, our innovative processes, and our ongoing investments in environmental protection.”