Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Climate Change
• Air Emissions
• Biodiversity & Land Use
• Safety
• Community Engagement
• Supply Chain Management
• Workforce Health & Development
• Ethics & Integrity
• Board Leadership
• Shareholder Relations
• Government Relations
• Cybersecurity

Environmental Achievements

• Reduced reported methane emissions from gas processing plants and transmission compressor stations more than 53 percent since 2012 while throughput at these facilities increased 21 percent.
• Reduced reportable spills by 44 percent from 2017 to 2018, exceeding the 15 percent year-over-year reduction goal.
• Achieved zero reportable inadvertent drilling fluid releases to environmentally sensitive areas in 2018 using horizontal directional drilling.
• Surpassed the target to reduce reportable air releases by 15 percent from 2017 levels by achieving a 21 percent reduction.

Social Achievements

• Reduced employee lost-time incident rate by 28 percent, exceeding the 15 percent goal.
• Reduced preventable motor vehicle accident rate from 2.34 per million miles driven in 2017 to 1.90 in 2018.
• Maintained an industry-low voluntary turnover rate of 6.1 percent in 2018.
• Contributed $9.4 million to nearly 2,000 organizations across 45 states, and employees volunteered more than 17,000 hours.

Governance Achievements

• 100 percent of Williams’ employees completed compliance and ethics training courses.
• More than 97 percent of the votes cast in respect of the stockholder advisory vote on executive compensation were cast in favor of the company’s executive compensation program.
• International Association for Public Participation presented Williams with the Project of the Year award for the Atlantic Sunrise project.

Climate Goals & Targets

Environmental Challenges

• Demonstrating commitment to responsible energy infrastructure development to all stakeholders, including those who oppose natural gas development.
• Managing cybersecurity risks and protecting against cyberattacks.
• Accidental damage to pipelines caused by excavation, construction, farming activities and homeowner maintenance.
• Reducing greenhouse gas emissions from operations.

Mitigation Strategies

• Engaging with communities, NGOs, industry associations and government to conduct collaborative research and share perspectives.
• Implementing preventive measures, company-wide policies and training courses to avert unauthorized access.
• Conducting regular internal audits and risk strategy sessions to assess cybersecurity threats.
• Implementing robust training programs, behavior-based initiatives, and near-miss reporting programs to improve safety performance.
• Using recompression to lower gas line pressure before pipeline maintenance to reduce methane emissions.

Supply Chain Management

Supplier Audits: Four Tier 1 supplier evaluations in 2018

Responsible Procurement

• Williams’ standard contractor language outlines supplier expectations, requiring suppliers to have policies and procedures that meet Williams’ environmental, health, and safety requirements.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• New climate change laws or greenhouse gas regulations could result in increased costs to operate and maintain facilities, require the installation of new emission controls, or change how greenhouse gas reporting is managed.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Project of the Year award (International Association for Public Participation) for the Atlantic Sunrise project
• Hanlon Award (GPA Midstream Association) for Alan Armstrong

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Stewardship
• Air Emissions
• Biodiversity & Land Use
• Safety
• Workforce Health & Development
• Community Engagement
• Supply Chain Management
• Board Leadership
• Cybersecurity
• Ethics & Integrity
• Government Relations
• Shareholder Relations

Environmental Achievements

• Reduced reportable spills to soil and water by 39% from 2018 levels
• Reduced predicted methane emissions in the Northeast by 26% for 2020 compared to 2017
• Reduced reported methane emissions from gas processing plants and transmission compressor stations by more than 41% since 2012
• Reduced pipeline blowdown greenhouse gas emissions by 87% in cases where recompression technology was utilized
• Avoided more than 9 million tons of CO2e since 1993 by implementing industry best practices and partnering with the Natural Gas STAR program
• Surpassed target to reduce reportable air releases to the atmosphere by 15% from 2018 levels, achieving a 52% reduction

Social Achievements

• Achieved a 47% reduction in employee recordable injuries since 2017
• Maintained a low voluntary turnover rate of 6.1% in 2019
• Employees volunteered 32,968 hours with charitable organizations
• Contributed more than $9 million to nearly 2,000 organizations through charitable giving

Governance Achievements

• Updated Core Values to reflect company priorities and employee expectations
• Updated compliance tracking system to enhance management of business-critical work
• Implemented a standardized management of change and pre-startup safety review software
• Reduced environmental-related notices of noncompliance by 60% since 2017
• More than 96% of votes cast in the stockholder advisory vote on executive compensation were in favor of the company’s executive compensation program

Climate Goals & Targets

Environmental Challenges

• Stakeholder opposition to natural gas development
• Challenges achieving year-over-year reductions in preventable motor vehicle accident rate
• Maintaining safe pipeline operations due to accidental damage caused by excavation, construction, farming activities and homeowner maintenance

Mitigation Strategies

• Active role in educating and engaging communities, customers, NGOs, industry associations and government officials
• Implementing equipment updates and employee awareness programs to eliminate preventable motor vehicle accidents
• Proactive public awareness programs to enhance safety by increasing knowledge of pipeline locations and safety prevention measures

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Compliance with Williams’ health and safety requirements
• Procurement only from qualified organizations that meet safety, compliance, and credit requirements

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Stakeholder opposition to natural gas development
• Regulatory changes

Opportunities

• Expanding access to cleaner-burning natural gas
• Exploring and implementing renewable energy opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB, TCFD

Certifications: Null

Third-party Assurance: ERM CVS

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Renewable natural gas

Awards & Recognition

• 2020 Women on Boards recognition for female board representation
• Human Rights Campaign Foundation’s Corporate Equality Index rating of 90 out of 100 in 2020

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Community Engagement
• Governance
• Employee Well-being

Environmental Achievements

• Reduced company-wide Scope 1 and 2 GHG emissions by 47% since 2005
• 5.68 million tons of CO2e avoided between 1993 and 2021 by partnering with the Natural Gas STAR program
• 84% average reduction in pipeline blowdown GHG emissions when using recompression technology

Social Achievements

• Expanded employee benefits to include hybrid remote work arrangements
• Reinvigorated employee resource groups (ERGs)
• Contributed more than $53 million to support local communities over the past five years
• 23,000+ hours volunteered with charitable organizations

Governance Achievements

• ESG metrics now make up 15% of total performance in our Annual Incentive Program for all employees, including our executive officers
• #1 in peer group in Dow Jones Sustainability Index for 2021 and only U.S. energy company to rank in world index
• Top 5 Brendan Wood International Shareholder Confidence Index for U.S. Power and Utility Companies

Climate Goals & Targets

Environmental Challenges

• Mitigating the risks of climate change

Mitigation Strategies

• Established a venture capital budget for innovative climate change technologies such as hydrogen; carbon capture, utilization and storage; and renewable and differentiated natural gas
• Improving the efficiency of operations, leveraging low-carbon solutions and implementing emissions reduction technologies

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Investment in innovative climate change technologies

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Transition
• Safety
• Workforce Well-being
• Diversity & Inclusion
• Community Engagement
• Responsible Procurement
• Environmental Justice
• Human Rights
• Indigenous Peoples
• Cybersecurity

Environmental Achievements

• Reduced company-wide Scope 1 and 2 GHG emissions by 43% since 2005
• Outperformed 2022 AIP target of reducing total methane emissions by 5% from a three-year average
• Became the first large-scale midstream company in the U.S. to join OGMP 2.0

Social Achievements

• Contributed over $14 million to more than 2,000 organizations
• 31% reduction in employee recordable injuries since 2018
• Supported 10 ERGs with total membership exceeding 1,100 employees

Governance Achievements

• Amended board charters to formalize existing practices and clarify responsibilities on cybersecurity, human capital management and climate change oversight
• 98% of employees eligible for the Williams Annual Incentive Program (AIP)
• 100% of employees completed compliance and ethics training courses

Climate Goals & Targets

Environmental Challenges

• Barriers in the permitting process for new pipelines
• Stakeholder opposition to operating and expanding pipelines and facilities
• Increased process safety incidents in 2022
• Increased reportable spills and releases in 2022 due to increased activity in states with low reporting thresholds
• Cybersecurity threats

Mitigation Strategies

• Actively participates in the development of energy infrastructure policy
• Proactive stakeholder engagement
• Chartered a Process Safety Task Force to drive improvements
• Implementing new solutions to improve aerial leak detection
• Implementing several measures to heighten overall cybersecurity, including enhanced listing capabilities, additional firewalls, enhanced Identity and Access Management system, an Insider Threat program and multi-factor authentication

Supply Chain Management

Supplier Audits: 270 suppliers completed ESG questionnaires

Responsible Procurement

• Code of Conduct for Suppliers and Contractors
• Supplier assessment program
• Supplier diversity program

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, hurricanes, wildfires, landslides, extreme temperatures, drought)

Transition Risks

• New regulations regarding climate change and GHG emissions
• Shifting stakeholder interest and regulatory landscape
• Potential for reduced demand for natural gas due to alternative energy sources

Opportunities

• Development of low-carbon technologies (CCUS, RNG, hydrogen)
• NextGen Gas certification process
• Solar and battery storage programs

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB, TCFD, ONE Future, CDP

Certifications: Null

Third-party Assurance: ERM CVS (limited assurance for select data)

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 8 (Decent Work and Economic Growth)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 12 (Responsible Consumption and Production)

Williams' operations and investments contribute to these goals through providing affordable and reliable energy, creating jobs, investing in clean energy technologies, and promoting sustainable practices.

Sustainable Products & Innovation

• NextGen Gas
• Low-carbon hydrogen

Awards & Recognition

• Dow Jones Sustainability™ North America Index (3 consecutive years)
• Dow Jones Sustainability™ World Index (2 consecutive years)
• Top 1% of oil and gas storage and transportation industry peer group for the S&P Global Corporate Sustainability Assessment
• Newsweek's America's Most Responsible Companies, 2022