Our approach to managing our environmental footprint leverages our strong environmental, health and safety capabilities to produce positive results across our asset base. We pair our greatest asset, our employees, with leading edge technologies to drive our processes and actions toward best practice environmental stewardship. Our focus is on responsibly producing and operating our portfolio of assets while also reducing risks and emissions and meeting or exceeding regulatory compliance.
Addressing Climate Change
Our role in confronting climate change remains a key point of focus when assessing our sustainability strategy and allocating financial and human capital resources accordingly. In 2021, our Board approved a formal Climate Policy, reaffirming our commitment to a lower carbon future and the essential role our Company will play in the ongoing energy transition. We remain focused on achieving our corporate commitments around positive climate action as well as driving forward a responsible, well-considered energy supply for the future generations.
Emission Targets
Our emission reduction targets require a holistic, multi-year, rigorous plan to deliver results and we continue to invest heavily in time, attention, financial resources and technologies on our pathway to net zero. Given our business model focus on acquisitions, we recognize that both standalone and consolidated emissions reductions for each successful acquisition are a key priority to ensure alignment with our stated environmental goals.
Benefits of Natural Gas
Diversified serves both domestic and global daily energy needs with reliable, efficient, abundant, clean and affordable natural gas. Natural gas is undoubtedly a critical resource in the foreseeable energy mix and will continue to play a vital role in our global and domestic energy supply.
Given its focal position for supporting the world’s energy demand, natural gas contributes to a range of UN SDGs by addressing both sides of the dual challenge: providing clean energy while supporting sustainable global development through access to affordable and reliable energy. Combined with our unique business model which operates existing assets across some of the country’s most expansive natural gas reserves, Diversified enhances existing wells and infrastructure while contributing to our critical life sustaining energy supply. We know that natural gas can and must play a key role in the global economic transition to a lower-carbon economy, so we remain committed to our role as a responsible steward of the natural resources we manage, working to lower our operational carbon footprint.
Reliable
Natural gas is an easy-to-store, lower carbon option that provides uninterrupted, flexible energy supply.
Efficent
Natural gas has a greater than 90% efficiency rate from wellhead to burner tip, while coal-generated electricity delivers less than half of natural gas’ efficiency.
Abundant
The U.S. has enough natural gas reserves to meet domestic energy needs for nearly the next century, according to government data.
Clean
Natural gas is the cleanest-burning hydrocarbon, producing approximately half the carbon dioxide (CO2) and just one-tenth of the air pollutants of coal when burned to generate electricity.
Affordable
Abundant natural gas not only reduces consumers’ monthly utility bills but also their total monthly spending when considering the lower cost of consumer goods as a function of manufacturing and transportation sectors.
Key Sustainability Actions
Our sustainability-focused actions reduce emissions, minimize water use, and enable us to produce natural gas efficiently and responsibly.
Eliminate Fugitive Emissions
Reduce Total Emissions
Decrease Fresh Water Consumption
Preventing Spills
Reduce Waste
Protect Biodiversity
