Southwestern Energy Returns 10+ Billion Gallons of Freshwater to the Environment
October 29 2019 - 11:19AM
Business Wire
“Our projects and ongoing work with local
partners have generated tremendous environmental and economic
benefits across the communities where we’re privileged to work and
live.”
Southwestern Energy Company (NYSE: SWN) today announced it has
returned more than 10 billion gallons of freshwater to the
environment through its comprehensive approach to optimizing water
usage and 10 innovative, company-sponsored water conservation
projects around the country.
This important milestone reflects the company’s commitment to
remaining “freshwater neutral” across its operations, meaning each
gallon of freshwater used is replenished or offset. SWN has met
this commitment for three consecutive years.
“Environmental stewardship is a SWN core value that guides our
operational approach,” said Bill Way, President and Chief Executive
Officer of Southwestern Energy. “Water is a vital resource and is
essential to energy development, so protecting, conserving and
enhancing water quality across our operations is a top commitment
for us and our stakeholders.”
SWN’s commitment to remain freshwater neutral is achieved
through a broad-based approach that includes industry-leading
conservation, reduction, protection and innovation efforts.
Since 2014, SWN has completed 10 water conservation projects
across several states, including stream channel and habitat
restoration; waterway and floodplain improvements; wetland
creation; and aquatic habitat restoration. The most recent project,
completed earlier this year, is helping to restore the Cheat
River’s Muddy Creek watershed in West Virginia, which had been
severely impaired by third-party acid mine drainage unrelated to
SWN’s operations.
“Our projects and ongoing work with local partners have
generated tremendous environmental and economic benefits across the
communities where we’re privileged to work and live,” Way said. “I
want to thank the SWN employees and community stakeholders whose
hard work and dedication have made reaching this 10-billion-gallon
milestone, and continued environmental progress, possible.”
SWN’s long-term commitment to conservation and stewardship
extends beyond water and drives all of the company’s decisions
around protecting the air, land and communities in its
operations.
The results of this commitment were recognized this year when
SWN earned the highest score among North America’s 30 largest
publicly traded oil and natural gas producers in a report from
shareholder advocacy group As You Sow and investment advisory firm
Boston Common Asset Management assessing water and chemical
management practices.
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 www.swn.com. To read
more about SWN’s commitments to sustainability in its Corporate
Responsibility Report, visit www.swncr.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191029005783/en/
Jim Schwartz Director, Corporate Communications (832) 796-2716
jim_schwartz@swn.com
Southwestern Energy (NYSE:SWN)
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