Northeast Natural Marcellus Production Reverified by Equitable Origin

Source: www.gulfoilandgas.com 11/30/2023, Location: North America

Northeast Natural Energy (NNE), a West Virginia-based Marcellus Shale natural gas producer, has just become the first producer globally to receive an "A" letter grade from Equitable Origin (EO) for the ESG performance of its West Virginia assets. This was the result of a voluntary reverification audit conducted by Responsible Energy Solutions LLC in 2023.

A pioneer in differentiated natural gas production, NNE became the first producer in the United States to certify an asset to EO's independent voluntary standard for high-ESG performance at the site level in 2021.

"Northeast Natural Energy is committed to the continuous improvement of every aspect of our business, and I am very proud of our team and the work they have done to receive this high grade on our company's overall performance within the EO100™ framework," said Mike John, president and CEO, Northeast Natural Energy. "Equitable Origin's assessment provides a holistic analysis of our asset. Going through this certification and reverification process makes us a better company, and we look forward to the challenge to continually improve year over year."

Equitable Origin-approved expert third-party assessor Responsible Energy Solutions LLC independently evaluated NNE's operations against the principles of the EO100™ Standard, including corporate governance and ethics; social impacts, human rights, and community engagement; occupational health and safety and fair labor standards; and environmental performance.

"Today, we congratulate NNE on becoming the first producer in the world to receive an "A" grade for a producing asset under our certification process. We are pleased to recognize the hard work and leadership they have demonstrated by achieving higher levels of performance over time through participation in our program, "said Jason Switzer, CEO of Equitable Origin.

Annually, the assessors undertake reverification audits to assess conformance to the standard and progress by NNE on a Continual Improvement Plan that is a requirement for certification. These findings are subject to a rigorous external peer review.

"Having completed our third annual assessment for Northeast Natural Energy, our team has seen continuous improvement that reflects a culture of excellence at NNE," said Roy Hartstein, founder and president, Responsible Energy Solutions LLC. "Through the review of thousands of pages of documents and dozens of interviews with NNE staff, contractors, and external stakeholders, we have found that culture reflected in action and results from the field through the senior leadership."





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