Williams Highlights Focus on Corporate Responsibility and Sustainability; Announces Membership in ONE Future
June 11, 2019
TULSA, Okla.–Highlighting its focus on corporate responsibility and sustainability, Williams (NYSE: WMB) today announced that it has joined Our Nation’s Energy Future Coalition (“ONE Future”), a natural gas industry-led organization dedicated to voluntarily achieving meaningful reductions in methane emissions across the natural gas value chain.
“Williams is proud to partner with ONE Future and the other member companies in demonstrating our ongoing commitment to environmental responsibility,” said Alan Armstrong, Williams’ president and chief executive officer. “As an industry leader that handles approximately 30% of the nation’s natural gas, Williams supports effective, voluntary programs to reduce emissions.”
Williams continues to make strides in reducing greenhouse gas emissions from its operations. Since 2012, reported methane emissions from Williams’ gas processing plants and transmission compressor stations have been reduced by more than 53%, even while increasing throughput at these facilities by 21%. As a Natural Gas STAR Program member since its inception in 1993, Williams successfully implemented and reported pressure-reduction using recompression to lower gas-line pressure before pipeline maintenance. In 2018, this recompression program resulted in a reduction of pipeline blowdown greenhouse gas emissions by 83.5% at Williams. Additionally, in August 2018, Williams and other members of the Interstate Natural Gas Association of America made a commitment to continuously minimize methane emissions from interstate natural gas transmission and storage operations.
“Williams is a strong addition to our coalition,” said Richard Hyde, executive director, ONE Future. “Their proven dedication to environmental stewardship should provide good thought leadership for the organization’s growth as we work to identify new methods for reducing methane emissions.”
Williams is the 17th company to join ONE Future since the organization began in 2014. ONE Future was formed when eight companies came together with a focus to collectively achieve a science-based average rate of methane emissions across its facilities to one percent (or less) of total natural gas production by 2025. The organization now includes companies accounting for some of the largest natural gas producers, transmission and distribution companies in the U.S.
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – providing natural gas for clean-power generation, heating and industrial use. Williams’ operations handle approximately 30% of U.S. natural gas. www.williams.com