Equitrans Midstream to Lower - Smart Energy Decisions

Energy Efficiency, GHG Emissions, Industrial  -  July 28, 2023

Equitrans Midstream to Lower Methane, GHG Emissions

Equitrans Midstream Corporation is expanding its efforts to reduce methane and GHG emissions, such as converting 10 compressor sites from high-bleed pneumatics to low-bleed or air pneumatics.  In 2021, 10 sites were also converted.

The natural gas company is also adopting a formal Environmental Justice Policy to expand its project outreach efforts beyond regulatory requirements and in early 2023 became a founding member of the Appalachian Methane Initiative to further enhance methane monitoring throughout the Appalachian Basin and facilitate additional methane emission reductions in the region.

Details were released in its annual corporate sustainability report, which utilizes the Global Reporting Initiative's (GRI) Consolidated Set of the GRI Standards 2021 and continues to follow the Sustainability Accounting Standards Board (SASB) Oil & Gas Midstream reporting standards. 

“With a vision to be one of North America’s premier midstream services companies, we recognize and appreciate that our stakeholders expect us to continue focusing on long-term sustainable performance by managing the ESG factors that matter most," said Diana M. Charletta, Equitrans’ president and chief operating officer, in a statement. “We embrace the importance of conducting business in a socially responsible and ethical manner — respecting our employees, communities, and business partners — and we are confident that our continued focus on sustainability creates enterprise value and distinctly positions Equitrans for success in a lower-carbon future.”

The company is progressing with its alignment of its ESG reporting with the Task Force on Climate-related Financial Disclosures (TCFD) framework and during 2023 is conducting two TCFD risk scenario analyses, physical risk and transition risk. 

 

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