TULSA,
Okla., July 18, 2023 /PRNewswire/ -- ONE Gas has
released its 2023 Environmental, Social and Governance (ESG) report
outlining the company's commitment to safe operations, responsible
environmental stewardship and an inclusive and diverse work
culture.
"As one of the country's largest natural gas distribution
companies, we take pride in delivering the affordable and reliable
energy our 2.3 million customers depend on each day," said Robert
S. McAnnally, president and chief executive officer of ONE
Gas. "Our 2023 ESG report highlights our focus on safety and
continuing investments in our co-workers and assets as we join with
our communities to support a cleaner energy future."
Key highlights and milestones from the report include:
- Industry-Leading Safety
The American Gas Association
recognized ONE Gas for having the fewest severe injuries of any
mega-sized natural gas distribution company in the U.S. for the
sixth consecutive year. ONE Gas' safety scores place the company
among the safest natural gas distribution companies
nationwide.
- Emissions Reduction
ONE Gas has achieved an estimated
48% reduction in CO2e emissions due to leaks from mains and
services from 2005 to 2022, measured utilizing the Greenhouse Gas
Inventory Protocol. In 2022, ONE Gas announced a Scope 1 emissions
reduction goal of achieving a 55% reduction in emissions due to
leaks from its distribution pipelines by 2035, measured from a 2005
baseline and accounting for projected system growth. The 48%
reduction keeps ONE Gas on track to reach its goal.
- Inclusion & Diversity
The company's workforce is
comprised of 37% of individuals who identify as members of
traditionally underrepresented racial and ethnic groups, well above
the U.S. gas utility company average. In 2022, 58% of new hires
were women or historically underrepresented individuals.
- ESG and Climate-related Governance
In addition to
expanding and enhancing our ESG disclosures, including Scope 2
emissions disclosure, the ONE Gas Board approved a new short-term
incentive pay metric tied to the execution of our emissions
reduction goal, which is driven by our safety-focused pipeline
replacement and protection program.
- Giving Back
ONE Gas contributed $3.4 million to the communities we serve through
foundation grants and community investment focused on supporting
community engagement, education and workforce development.
In 2022, two leading disclosure-ranking agencies rated ONE Gas
as an industry leader in managing the most significant ESG risks
and opportunities.
- MSCI: In 2022, ONE Gas received a rating of AA (on a scale of
AAA-CCC) in the MSCI ESG Ratings assessment.
- Institutional Shareholder Services: In 2022, ONE Gas was rated
"Prime" in ESG from Institutional Shareholder Services (ISS).
For a comprehensive look at ONE Gas' ESG report, visit
esg.onegas.com.
About ONE Gas
ONE Gas, Inc. (NYSE: OGS) is a 100% regulated natural gas
utility, and trades on the New York Stock Exchange under the symbol
"OGS." ONE Gas is included in the S&P MidCap 400
Index and is one of the largest natural gas utilities in
the United States.
Headquartered in Tulsa,
Oklahoma, ONE Gas provides a reliable and affordable energy
choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas
Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in
Oklahoma; and Texas Gas Service,
the third largest in Texas, in
terms of customers.
For more information and the latest news about ONE Gas, visit
onegas.com and follow its social channels: @ONEGas, Facebook,
LinkedIn and YouTube.
MSCI Disclaimer Statement
The use by ONE Gas of any MSCI ESG Research LLC or its
affiliates ("MSCI") data, and the use of MSCI logos, trademarks,
service marks or index names herein, do not constitute a
sponsorship, endorsement, recommendation, or promotion of ONE Gas
by MSCI. MSCI services and data are the property of MSCI or its
information providers, and are provided 'as-is' and without
warranty. MSCI names and logos are trademarks or service marks of
MSCI.
Media Contact:
Leah Harper
Phone: 918-947-7123
Leah.Harper@onegas.com
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SOURCE ONE Gas, Inc.