SPRING, Texas, April 25, 2019 /PRNewswire/ -- Southwestern
Energy Company (NYSE: SWN) today announced that it received the
highest score among the 30 largest publicly-traded oil & gas
producers in North America in a
report by independent advocacy and investment advisory firms
assessing water and chemical management practices.
SWN earned the top spot in "Disclosing the Facts 2019:
Transparency and Risk in Water & Chemicals Management for
Hydraulic Fracturing Operations" released by shareholder advocacy
group As You Sow and investment advisory firm Boston Common Asset
Management. SWN's place as the top-ranked company was based
on a broad set of 25 criteria that examined how oil and gas
companies use water and chemicals in their operations.
"Environmental stewardship, including water and chemical
management, is a key tenet of our strategy. We are committed to
transparency in our operations," said Bill
Way, President and Chief Executive Officer, Southwestern
Energy. Southwestern Energy has a well-established,
comprehensive and thorough management approach to its operations
that includes a number of steps to conserve water, reduce air
emissions and protect the environment, he explained.
"The company has completed 10 projects that produced a combined
fresh water benefit to the environment, where we work and live,
totaling over 9 billion gallons in five years. Additionally,
SWN received top marks for our practices in implementing and
disclosing best methane reduction practices from the same two
organizations. SWN has limited methane emissions from its
Appalachian assets to 0.057 percent -- which is 96 percent lower
than the national average."
As You Sow is a non-profit shareholder advocacy organization
that promotes environmental and social corporate
responsibility. Boston Common Asset Management is a
sustainable investment advisory firm with a focus on corporate
performance on environmental, social and governance issues.
About Southwestern Energy
Southwestern Energy Company is an independent energy company
engaged in natural gas, natural gas liquids and oil exploration,
development, production, and marketing. For additional information,
visit our website www.swn.com. For our Corporate
Responsibility Report, visit www.swncr.com.
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SOURCE Southwestern Energy Company