Stakeholder Engagement
Successful engagement starts with understanding how we can better collaborate with our stakeholders through transparency, dialogue, and active listening. We work together with our stakeholders to solve community issues, promote economic opportunities, and build relationships to help our region thrive.
PICTURED: Pennsylvania Governor Josh Shapiro visits CNX operations to announce historic collaboration with CNX.
Stakeholder Audience | Type of Engagement | Frequency | ||
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Employees |
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Continuous
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Business Partners (Contractors & Suppliers) |
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Ongoing
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Landowners/Royalty Owners |
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Ongoing
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Local Communities (Residents, Emergency Services, NGOs, charities) |
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Ongoing
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Elected Officials/Regulators |
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Ongoing
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Investors/Capital Providers |
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Ongoing
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Industry/Trade Associations |
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As needed
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School Districts/Vocational Schools |
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Ongoing
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Academic |
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Ongoing
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Previous reports have listed news media and industry analysts as key stakeholder groups. However, as CNX continues to evolve and develop company platforms and brand journalism channels to illustrate the company’s corporate strategy and results thoroughly and transparently, third party analysis and coverage, which are often inaccurate or biased, have become obsolete.
About this report
This report was prepared following the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), Oil and Gas metrics from the Sustainability Accounting Standards Board (SASB), and the Global Reporting Initiative (GRI) Standards. We are aligning our reporting requirements with the Task Force on Nature-related Financial Disclosures (TNFD). CNX also references the IPIECA Sustainability Reporting Guidance for the Oil and Gas Industry to inform our reporting, and other key external governance, social, and environmental metrics and topics important to our stakeholders and community. Additionally, we disclose through the CDP Climate Change and Water Security Questionnaires. Transparency is vital to CNX, our Sustainable Business Model, and our stakeholders. CNX has consistently increased participation in voluntary disclosures in recent years, and we will continue to share key metrics in this report and other public disclosures.
Verification and Audit
CNX obtained limited assurance from Keramida, Inc., a WBE-certified global sustainability and EHS services firm, for certain 2023 data presented in this report and Performance Scorecard—specifically Scope 1 and Scope 2 greenhouse gas emissions, air emissions, water, and waste data. CNX’s Internal Audit & Advisory Services team performed a review and provided limited assurance for all other 2023 data presented in the Performance Scorecard. Note that certain financial data included in the scorecard is also subject to internal control procedures that are required for the Sarbanes-Oxley Act Section 302 certifications included in our SEC filings.
Material topics
CNX evaluates the materiality of ESG matters against two criteria—potential impact to our business and importance to our stakeholders. Our ESG assessment helps shape our ESG strategy, Enterprise Risk Management process, and reporting focus. This assessment will be updated as new developments arise that have the potential to impact our assessment of ESG materiality.
Environmental | Social | Governance |
---|---|---|
Emissions and Climate Change | Process Safety | Regulatory Compliance |
Air Quality | Workforce Health & Safety | Risk Management |
Biodiversity | Diversity, Equity, & Inclusion | Business Ethics |
Spills and Releases | Employee Wellness | Transparency and Reporting |
Water Stewardship | Impact to Local Economy | Data Protection and Cybersecurity |
Environmental Management System | Community Investment | |
Innovation and Technology |