Corporate Responsibility

At Southwestern Energy, we believe natural gas is an essential part of a lower-carbon energy future, and thanks to our focus on developing natural gas and liquids responsibly, we are well-positioned to help deliver this future.

Operating responsibly is embedded in the Formula that guides our strategy and decision-making. The goal of this Formula is to create Value+ for our stakeholders. The + sets us apart. It means that while we work to generate financial gains, our Formula keeps us grounded in our ultimate aim – to create long-term, sustainable value, including an unwavering commitment to protecting the health and safety of the environment and our employees, contractors and communities.

The Right People doing the Right Things
Wisely investing the cash flow from the underlying Assets
Will create Value+®
The Right People doing the Right Things,
Wisely investing the cash flow from
the underlying Assets, will create Value+®

Bill Way

President and Chief Executive Officer,
Southwestern Energy

“In a pivotal year for SWN, we refocused our business as a leading Appalachian gas and liquids company. With intense focus, ingenuity, innovation and a lot of hard work, we delivered on all of our key commitments: achieving steady progress on our environmental and safety objectives; maximizing benefits to our communities; improving our financial position and performance; and expanding our business to deliver clean, safe, responsibly produced and affordable energy.”
 

2018 Key Highlights


0.056%

methane leak/loss rate, 96% below the industry average of 1.62%

39%

reduction in greenhouse gas emissions intensity compared with 2017

100%

of fresh water used is offset through recycling and conservation projects that return fresh water to the environment, maintaining our Fresh Water Neutral status for the third year in a row

99%

of produced water in Northeast Appalachia was recycled

0.64

ONE Team Total Recordable Injury Rate in 2018, a record low

10%

improvement in contractor Total Recordable Injury Rate, compared with 2017

$1.7 million

in total charitable giving in 20183

Our Corporate Responsibility Reporting

The information in these Responsibility webpages provides insight into SWN’s corporate responsibility (CR) strategy, goals, operations and performance in 2018 and early 2019 and serves as our annual corporate responsibility report. The content was prepared by our CR Steering Committee, with assistance from subject matter experts from across the company. It was then reviewed and approved by SWN’s executive leadership team and the Health, Safety, Environment and Corporate Responsibility Committee of the Board of Directors.

Since 2015, we have published an annual corporate responsibility report in accordance with Global Reporting Initiative (GRI) guidelines. Our reporting is also guided by the Sustainability Accounting Standards Board’s standards for Oil and Gas Exploration and Production, the Task Force on Climate-Related Financial Disclosures and several other reporting frameworks and scorecards relevant for our industry. This report aligns with the GRI Standards requirements at the Core level. (A separate appendix contains the GRI index and reporting boundaries.)

We are pleased to share our latest programs and performance, and we welcome your feedback.

  1. Methane intensity or methane leak/loss rate (mass percentage) is calculated by dividing the gigagrams of methane emissions by the oil and gas gross production (cubic feet converted to gigagrams). In accordance with U.S. Environmental Protection Agency greenhouse gas reporting requirements, assets that were divested in 2018 are not reported.
  2. National Energy Technology Laboratory, Timothy J. Skone, P.E., 2018, Industry Partnerships and Their Role in Reducing Natural Gas Supply Chain Greenhouse Gas Emissions.
  3. Charitable contributions do not include industry association fees or political contributions.