New Jersey Resources Marks Earth Day 2022 With Sustainability Progress
April 22 2022 - 10:29AM
Business Wire
Joins New Jersey Audubon’s Corporate
Stewardship Council Renews Partnership Agreement with The Nature
Conservancy in New Jersey Announces $35,000 Donation to
Coastal Climate Initiative to Support Local Climate
Projects
New Jersey Resources (NYSE: NJR), parent company of New Jersey
Natural Gas (NJNG), today marked Earth Day 2022 by announcing its
membership in the Corporate Stewardship Council of the New Jersey
Audubon. One of the state’s leading environmental advocacy
organizations dedicated to conservation, biodiversity and the
protection of wildlife and habitats, New Jersey Audubon created the
Corporate Stewardship Council to provide member companies the
opportunity to participate in habitat conservation.
The goals directly align with NJR’s efforts to promote
environmental and natural resource stewardship and bolster its
long-standing record of sustainability and climate leadership.
“Today, we reinforce our commitment and efforts to preserve and
enhance the environmental future of New Jersey,” said Steve
Westhoven, president and CEO of New Jersey Resources. “Our company
will continue to be a sustainability leader by working toward our
goal of net-zero operational emissions in New Jersey, leveraging
our world-class infrastructure to decarbonize the energy we deliver
to customers and continuing to invest in, and support, local
climate solutions in the communities we serve.”
NJR also announced today it will provide $35,000 in new funding
through the company’s Coastal Climate Initiative™ (CCI) to support
local natural resource preservation and restoration projects that
have a positive climate impact.
Launched on Earth Day 2021, the CCI was created to support local
efforts to fight climate change beginning with the restoration of
saltwater tidal wetlands along the coast of our service
territory.
Over the past year, the program has already successfully raised
nearly $30,000 from NJNG customer donations and a dollar-for-dollar
company match, supporting the work of the Nature Conservancy in New
Jersey and its partners in their efforts to restore saltwater tidal
wetlands in the Barnegat Bay watershed, an iconic part of NJNG’s
service territory at the Jersey Shore.
“It gives me hope carbon-storing habitats, like forests and
marshes, can be our biggest ally in tackling climate change and
helping natural and human communities adapt,” said Dr. Barbara
Brummer, New Jersey State director for The Nature Conservancy. “We
are grateful to New Jersey Natural Gas customers who are supporting
our work to restore coastal salt marshes in our state’s back bays,
and we thank New Jersey Resources for generously continuing its
Coastal Climate Initiative.”
NJR and The Nature Conservancy in New Jersey recently renewed
their partnership to continue supporting this important work – a
key component of the CCI. This collaborative effort helps support
the restoration and preservation of vital coastal ecosystems that
sequester carbon emissions, protect coastal communities from
extreme weather and serve as habitats for critical biodiversity
along the Jersey Shore.
Today’s announcement builds on NJR’s strong record as a leader
on environmental and climate issues across its businesses,
including its goal to voluntarily achieve net-zero greenhouse gas
emissions from its New Jersey operations by 2050. NJR achieved the
following sustainability milestones over the past year:
- Announced net-zero goal for New Jersey operational emissions
and defined key components to achievement by 2050. NJR has
already reduced its operational emission in New Jersey by 55% from
2006 levels, well ahead of the state’s goal of an 80% reduction by
2050.
- Advanced innovation and decarbonization efforts with the
completion of the first green hydrogen facility on the East
Coast, blending zero-carbon energy into existing infrastructure
to serve customers.
- Continued to lead in environmentally sound infrastructure
investments, with 99% of unprotected steel and 100% of all cast
iron replaced in NJNG’s pipeline distribution system.
- Launched a $259 million customer-focused, energy-efficiency
program, the largest in company history.
- Increased transparency and disclosure in its sustainability
reporting, in line with the recommendations of the Task Force
for Climate-related Financial Disclosures framework.
- Named a Most Responsible Company by Newsweek for 2022,
for three consecutive years.
To learn more about NJR’s commitment to sustainability, visit
NJRSustainability.com.
About New Jersey
Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000
company that, through its subsidiaries, provides safe and reliable
natural gas and clean energy services, including transportation,
distribution, asset management and home services. NJR is composed
of five primary businesses:
- New Jersey Natural Gas, NJR’s principal subsidiary,
operates and maintains over 7,600 miles of natural gas
transportation and distribution infrastructure to serve over half a
million customers in New Jersey’s Monmouth, Ocean and parts of
Morris, Middlesex and Burlington counties.
- Clean Energy Ventures invests in, owns and operates
solar projects with a total capacity of nearly 370 megawatts,
providing residential and commercial customers with low-carbon
solutions.
- Energy Services manages a diversified portfolio of
natural gas transportation and storage assets and provides physical
natural gas services and customized energy solutions to its
customers across North America.
- Storage and Transportation serves customers from local
distributors and producers to electric generators and wholesale
marketers through its ownership of Leaf River and the Adelphia
Gateway Pipeline Project, as well as our 50% equity ownership in
the Steckman Ridge natural gas storage facility.
- Home Services provides service contracts as well as
heating, central air conditioning, water heaters, standby
generators, solar and other indoor and outdoor comfort products to
residential homes throughout New Jersey.
NJR and its over 1,200 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve® and
initiatives such as The SAVEGREEN Project® and The Sunlight
Advantage®. For more information about NJR: Visit www.njresources.com. Follow us on Twitter
@NJNaturalGas. “Like” us on facebook.com/NewJerseyNaturalGas.
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version on businesswire.com: https://www.businesswire.com/news/home/20220422005457/en/
Media: Michael Kinney 732-938-1031
mkinney@njresources.com
Investor: Dennis Puma 732-938-1229
dpuma@njresources.com
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