OUR EFFORTS TO PROTECT AND IMPROVE THE ENVIRONMENT ARE REVOLUTIONARY AND UNMATCHED:
Radical Transparency: In 2023, CNX established a first-of-its-kind environmental monitoring, data collection, and real-time public disclosure collaboration with Pennsylvania Governor Josh Shapiro and the Pennsylvania Department of Environmental Protection. Through this initiative, we aim to lead the industry to a new era of responsible natural gas development.
Continuing to Lower Methane Intensity: We achieved a nearly 30% reduction in operational methane intensity over the prior year in our production segment. Since 2020, we have reduced over 105,000 tons of methane CO₂e emissions. In 2023, we joined peers in the Appalachian Methane Initiative to further enhance methane monitoring and facilitate methane emissions reductions in the Appalachian Basin.
Pioneering Waste Methane Capture: CNX captured approximately 9.1 million metric tons of waste methane CO₂e, far surpassing emissions from our activities.
Innovation and Partnerships: Our New Technologies segment continues to focus on our waste methane abatement efforts and other proprietary technologies to vertically expand markets for our ultra-low carbon intensity derivative products.
Investment in Emissions Mitigation: In 2023, we committed $7 million to further mitigate methane emissions, achieving an annualized benefit of 85,000 tons of CO₂e, which well exceeded our goal of 70,000 tons.
Water Stewardship: We recycled and reused more produced water than we produce ourselves by consuming produced water from our peers to minimize freshwater consumption. In 2023, CNX spent over $19 million to upgrade and expand our water infrastructure—further reducing the need to transport water via truck and diversifying freshwater sources to lessen our impact on water resources.
Community and Workforce Investment: Beyond the Oversized Check Photo
CNX HAS A UNIQUE COMMITMENT TO LOCAL COMMUNITIES. WE ROLL UP OUR SLEEVES AND TACKLE THE TOUGHEST OF ISSUES:
Community Investments: In 2023, CNX and the CNX Foundation invested $5.6 million to tackle some of the most challenging issues facing our local communities. By the end of 2023, we had contributed $15 million toward our pledge to invest $30 million through 2026 in local initiatives supporting underserved causes within our operating footprint.
Mentorship Academy: Student participation in our Mentorship Academy—now entering our fourth year—increased 35%, with 85 students enrolled. The academy includes underserved students representing 21 schools across five counties in the southwestern Pennsylvania region.
The HQ at CNX: Beginning in 2023, 18 new tenants joined the HQ at CNX bringing capacity to 82%. The HQ at CNX provides workspace at our headquarters to small businesses, including minority and women-owned businesses, educational institutions, and non-profit organizations that share CNX’s focus on Tangible, Impactful, Local causes.