CONSOL Energy Inc. recently released its 2022 Corporate Sustainability Report, “Forward Progress: From Our Mines to the World.” The report provides an update on the company’s efforts to advance its Forward Progress sustainability initiative. The highlight of the report is that its employees at coal operations achieved a total recordable incident rate of 2.28, or 51% below Mine Safety and Health Administration (MSHA) industry averages for the underground bituminous coal mining industry.
CONSOL also maintained an environmental compliance record exceeding 99.9% for the 10th consecutive year on its assets, as measured by the rate of compliance with permit effluent limits. The company also advanced its revenue diversification goals with the overall share of revenue from domestic power generation declining to 39.9% from 55.3% in 2020. It completed the acquisition of its remaining equity interests in CFOAM Corp. and formed CONSOL Innovations LLC as a platform for advancing CONSOL’s technology development efforts.
The report also highlights CONSOL’s continued sustainability endeavors, including the company’s voluntary direct operating greenhouse gas (GHG) emission reduction program, as well as its strategic partnerships that seek to advance the technologies needed to support the achievement of ambitious climate goals, such as carbon capture utilization and storage (CCUS).
The overall message is that CONSOL Energy’s coal, which is produced responsibly, is and will continue to be needed in the mix of energy sources to achieve the transition toward climate change goals. Our world-class asset base will continue to be relied upon to support infrastructure build-out in the industrial and metallurgical sectors, and to provide the secure, stable and reliable energy that improves global quality of life and ultimately drives Forward Progress.
