Range Board Forms ESG and Safety Committee, Announces Responsibly Sourced Natural Gas Pilot Program
Range has a proven track record of addressing key ESG matters through the development and implementation of leading sustainability practices and engineering solutions across its operations. With the increasing importance of ESG, the Board has formed a dedicated committee to review workplace safety matters and key ESG risks and opportunities. The Committee will provide oversight in expanding current ESG efforts and communicating measurable results related to these initiatives.
“The ESGS Committee will bolster the Board’s oversight of specific ESG and safety initiatives that are of strategic importance to Range and critical to its long-term success,” said Dorman. “We will continue to work with the management team to identify opportunities that align with our commitments to provide clean energy and deliver sustainable value to our shareholders.”
Responsibly Sourced Natural Gas Pilot Program
Range has entered into a pilot program with Project Canary, utilizing the Canary X continuous monitoring technology at two pad locations in
“Range has set ambitious emissions reduction goals including a target of net zero GHG emissions by 2025, demonstrating our focus on continuing to reduce our environmental and operating footprint,” said
This pilot program will seek to validate the production of responsibly sourced natural gas through monitoring and the TrustWell™ certification process. The TrustWell™ certification process will provide verifiable, trusted ESG data, and certainty for current and potential business partners.
“Our technologies and certification of operations are enabling companies to participate in and accelerate the energy transformation,” said Project Canary co-founder & CEO
Appalachia producers have achieved the lowest CO2 intensities of any shale basin in
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Source: Range Resources Corporation