Kinder Morgan Issues 2019 Environmental, Social and Governance Report
23 October 2020 - 8:00AM
Business Wire
Report Expands on Methane Emissions
Reductions, Community Relations and Biodiversity Programs
Kinder Morgan, Inc. (NYSE: KMI) announced today the publication
of its 2019 Environmental, Social and Governance (ESG) report. This
report builds on our vision as a company to deliver energy to
improve lives and create a better world.
“We have provided additional ESG-related metrics throughout our
report, including our electricity and renewable energy usage,
company-wide air emissions and community investments,” said KMI’s
Chief Operating Officer James Holland. “This report is reflective
of Kinder Morgan’s safe, efficient and responsible operations and
commitment to transparency. We have also included results of
physical risk scenario analysis and documented our expanded
diversity and inclusion initiatives.”
Kinder Morgan continues to view natural gas as part of the
solution for reducing the world’s greenhouse gas emissions (GHG).
As detailed in the report, the company has worked to reduce methane
emissions throughout the energy value chain, particularly in the
midstream sector. In 2016, the company set a goal of achieving an
intensity target of 0.31% of methane emissions per unit of
throughput by 2025 for its natural gas transmission and storage
assets. From 2017 through 2019, KMI was able to achieve a methane
emission intensity rate for these operations of 0.04%, 0.02%, and
0.03%, respectively - surpassing its 0.31% target years ahead of
schedule. The company has also increased its focus on reducing
additional GHG emissions from its operations and has identified and
implemented multiple emission reduction projects.
The 2019 Environmental, Social and Governance (ESG) report is
available on the Kinder Morgan website at ESG Reports.
About Kinder Morgan,
Inc.
Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy
infrastructure companies in North America. Access to reliable,
affordable energy is a critical component for improving lives
around the world. We are committed to providing energy
transportation and storage services in a safe, efficient, and
environmentally responsible manner for the benefit of people,
communities and businesses we serve. We own an interest in or
operate approximately 83,000 miles of pipelines and 147 terminals.
Our pipelines transport natural gas, refined petroleum products,
crude oil, condensate, CO2 and other products, and our terminals
store and handle various commodities including gasoline, diesel
fuel chemicals, ethanol, metals and petroleum coke. For more
information, please visit www.kindermorgan.com.
Important Information Relating to
Forward-Looking Statements
This news release includes forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995 and Section 21E of the Securities and Exchange Act of 1934.
Generally the words “expects,” “believes,” anticipates,” “plans,”
“will,” “shall,” “estimates,” and similar expressions identify
forward-looking statements, which are not historical in nature.
Forward-looking statements in this news release include express or
implied statements concerning KMI’s business strategy and reduction
of greenhouse gas emissions. Forward-looking statements are subject
to risks and uncertainties and are based on the beliefs and
assumptions of management, based on information currently available
to them. Although KMI believes that these forward-looking
statements are based on reasonable assumptions, it can give no
assurance as to when or if any such forward-looking statements will
materialize or their ultimate impact on KMI’s operations or
financial condition. Important factors that could cause actual
results to differ materially from those expressed in or implied by
these forward-looking statements include the assumptions, risks and
uncertainties described in KMI’s Environmental, Social and
Governance report and its reports filed with the Securities and
Exchange Commission (SEC), including its Annual Report on Form 10-K
for the year-ended December 31, 2019 (under the headings “Risk
Factors” and “Information Regarding Forward-Looking Statements” and
elsewhere) and its subsequent reports, which are available through
the SEC’s EDGAR system at www.sec.gov
and on KMI’s website at ir.kindermorgan.com. Forward-looking statements
speak only as of the date they were made, and except to the extent
required by law, KMI undertakes no obligation to update any
forward-looking statement because of new information, future events
or other factors. Because of these risks and uncertainties, readers
should not place undue reliance on these forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20201022006171/en/
Kinder Morgan Contacts Media Relations Airilyn
Stecker (713) 420 - 6701 newsroom@kindermorgan.com
Investor Relations (800) 348-7320 km_ir@kindermorgan.com
www.kindermorgan.com
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