Key Issues

The information in these Responsibility web pages provides insight into SWN’s corporate responsibility (CR) strategy, goals, operations and performance in 2017. 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. The information was developed in accordance with the Global Reporting Initiative (GRI) Standards at the Core level. A separate appendix contains the GRI index and reporting boundaries.

To determine which corporate responsibility issues to address, we updated our analysis of SWN’s key issues in early 2018. We seek to manage these issues as opportunities to deliver Value+ to our shareholders and stakeholders.

To identify our most important CR issues, we interviewed internal and external stakeholders and reviewed documents representing the views of SWN, the company’s employees and major external stakeholders, including investors, suppliers, local communities, regulators and nongovernmental organizations. The documents we reviewed outlined stakeholders’ views about SWN’s activities specifically and energy development generally.

Based on this analysis, we identified key issues and grouped them into the following six categories:

  • economic performance
  • governance
  • health and safety
  • environment
  • communities
  • workforce

We used the analysis as a basis for selecting the GRI indicators to report. We believe this process for determining the content for this report meets the requirements of the GRI principles for defining report content, sustainability context, materiality, completeness and stakeholder inclusiveness. The analysis will be reviewed and updated in the future as appropriate.

Key Issues1


Increasing concern to stakeholders
Medium
High

Economic Performance

  • Climate-related financial risks and management

Governance

  • Reporting/transparency

Environment

  • Chemical use and management
  • Non-greenhouse gas (GHG) emissions

Economic Performance

  • Company financial health
  • Shareholder return
  • Gas price volatility

Governance

  • Setting appropriate metrics and incentives
  • Risk management

Health and Safety

  • Safe working conditions and training

Environment

  • Environmental management, policies, targets and metrics
  • Environmental monitoring
  • Regulation/compliance
  • Well construction integrity
  • Water quality, sourcing and wastewater management
  • Spill prevention and management; asset integrity
  • GHG emissions, incl. methane emissions
  • Impacts of transporting materials

Communities

  • Economic impact in local communities
  • Social license to operate
  • Proactive community engagement
  • Impacts on community infrastructure
  • Community health and safety

Workforce

  • Managing contractors
  • Employee training, development, career transitions
  • Talent attraction and retention

Economic Performance

  • Diversification, differentiation and resilience

Governance

  • Stakeholder engagement
  • Good governance, anti-bribery, anti-corruption, anti-discrimination

Health and Safety

  • Employee health and wellness

Environment

  • Waste
  • Site impacts/site development
  • Seismic activity
  • Threatened and endangered species
  • Naturally occurring radioactive materials

Communities

  • Working with indigenous/sensitive populations
  • Pipeline infrastructure, access to markets

Workforce

  • Supplier diversity

Economic Performance

  • Optimizing well productivity and environmental and social impacts
  • Articulating the role of natural gas in the global energy future across the value chain

Governance

  • CR strategy and governance
  • Regulatory engagement

Workforce

  • Local hiring
  • Employee and board diversity
Medium
Increasing impact on company
High
  1. Within each quadrant, the categories are listed in the order they are discussed in the report, not in order of importance. Also, the matrix includes only those issues found to be of high or medium impact on SWN and/or concern to stakeholders, with the issues of highest importance in the upper-right quadrant.