NextDecade Corporation
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Carbon Neutrality
Environmental Achievements
- Targeting carbon-neutrality at Rio Grande LNG through carbon capture and storage (CCS) technology, aiming for approximately 90% reduction in CO2e emissions.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality at Rio Grande LNG.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic impacting LNG project timelines and budgets.
- Securing additional debt and equity financing for the Rio Grande LNG project.
Mitigation Strategies
- Optimizations to Rio Grande LNG design resulting in a 27 mtpa facility with five LNG trains instead of six, while maintaining production capacity.
- Exploring options to address remaining CO2e emissions and achieve carbon neutrality at Rio Grande LNG.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes impacting LNG industry.
- Market shifts affecting natural gas prices and demand.
Opportunities
- Development of carbon-neutral LNG production.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
Rio Grande LNG project aims to provide clean energy and reduce greenhouse gas emissions.
Sustainable Products & Innovation
- Carbon-neutral LNG production.
Awards & Recognition
- Not disclosed