WILLIAMSVILLE, N.Y. – National Fuel Gas Company announced targets for greenhouse gas emissions reductions for its utility segment, National Fuel Gas Distribution Corporation, and an expansive pathway for its New York utility business to achieve the emissions reduction targets outlined in New York’s Climate Leadership and Community Protection Act.
Distribution is targeting GHG emissions reductions of 75% by 2030, and 90% by 2050, from 1990 levels for its utility delivery system, driven by its ongoing modernization efforts, including continued replacement of older vintage mains and services. These targets surpass those set by New York state under the Climate Act, building upon the Company’s environmental initiatives detailed in its Corporate Responsibility Report and continuing its progress toward incorporating the recommendations of the Task Force on Climate-Related Financial Disclosures.
“Over the past decade, natural gas has played a significant role in decarbonizing the U.S. economy and National Fuel has been a key contributor to those emissions reductions,” said David P. Bauer, National Fuel president and chief executive officer. “With our long-standing focus on safe and reliable service, we’ve made significant investments to modernize our facilities over the past several years. As we look forward, we expect the company will continue to enhance its environmental initiatives, focusing on further reducing our emissions profile and aligning our climate-related disclosures with the TCFD framework so that National Fuel remains an important part of the energy solution for decades to come.”
National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information is available at www.nationalfuel.com.
