Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced natural gas consumption by 88.7 million therms since 2006, avoiding the release of more than 1.1 billion pounds of carbon dioxide.
• Purchased 100 percent of its electricity through the New Jersey Clean Power Choice Program, offsetting over 4,139 tons of carbon dioxide emissions annually.
• Reduced methane emissions by 59.7 thousand cubic feet through facility upgrades and operational improvements (Natural Gas STAR program).

Social Achievements

• Provided financial and in-kind support to nearly 700 community organizations.
• Employees volunteered more than 4,000 hours through the VISION program.
• Raised over $205,000 for the Gift of Warmth program, assisting 747 families.

Governance Achievements

• 100 percent of Code of Conduct violations are thoroughly investigated and acted upon.
• Employees and members of the public have access to a 24/7 anonymous ethics hotline.

Climate Goals & Targets

Environmental Challenges

• Accurate measurement of fugitive emissions (vented emissions, pipeline blowdowns, system leaks and losses).

Mitigation Strategies

• Working to develop a more accurate measurement for the calculation of fugitive emissions.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Clean Power Purchaser of the Year (2007)
• American Gas Association recognition for accident prevention and workplace safety (2008)
• J.D. Power Founder’s Award

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Placed two commercial solar projects into service, adding 20 MW to CEV's total installed capacity of over 315 MW
• Sunlight Advantage®, CEV's residential solar leasing program, added 156 residential customers

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on business operations and liquidity
• Continued challenging market conditions created by unusually warm weather in the U.S. East Coast, leading to fewer market opportunities for NJR Energy Services

Mitigation Strategies

• Implemented business continuity plans to protect the health and safety of employees, customers, and communities
• Entered into a new $250 million credit facility to support short-term liquidity needs
• Monitored potential impacts of the pandemic and adjusted plans accordingly

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Residential and commercial solar solutions

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, and Inclusion (DEI)
• Sustainability
• Community Engagement

Social Achievements

• 83% of employees reported a strong sense of belonging (according to employee engagement survey).
• Increased BRG membership by 4% to 25% of the workforce.
• Over 1,300 hours of community service performed by BRG and DEI Council members.
• Partnerships with organizations like Hope Sheds Light, 180 Turning Lives Around, National Alliance for Mental Illness, and Telus Health to provide employee wellness resources.
• Increased gender diversity within NJR leadership positions (specific numbers not provided).

Governance Achievements

• Established a DEI Council composed of employees from across the organization.
• Implemented professional development programs and people leader training focused on DEI.

Climate Goals & Targets

Environmental Challenges

• Employee desire for an increased sense of belonging in the workplace.

Mitigation Strategies

• Implemented professional development programs, people leader training, mental health education, and increased collaboration to foster a sense of belonging.

Supply Chain Management

Responsible Procurement

• Expanding diverse supplier base, including MBWE, small businesses, LGBTQ+-owned businesses, veteran-owned businesses, and businesses owned by individuals with disabilities.

Climate-Related Risks & Opportunities