Sep 23, 2024, 8:30 AM
Sep 23, 2024, 8:30 AM

Chesapeake Utilities unveils 2023 environmental report in Dover

Highlights
  • Chesapeake Utilities Corporation released its 2023 Environmental Stewardship Report, highlighting a 25% reduction in Scope 1 and Scope 2 emissions since 2019.
  • The company has invested in renewable infrastructure and established a methane emissions reduction committee to further its sustainability efforts.
  • These initiatives reflect Chesapeake Utilities' commitment to sustainability as a key driver of growth and community support.
Story

Chesapeake Utilities Corporation has released its 2023 Environmental Stewardship Report, showcasing significant progress in sustainability efforts. The report highlights a 25% reduction in Scope 1 and Scope 2 emissions since 2019, with a 10% reduction year-over-year. This achievement coincides with the company's 17th consecutive year of increased earnings, demonstrating a commitment to both environmental responsibility and financial growth. The company has implemented various initiatives to support its sustainability goals, including the establishment of a cross-functional methane emissions reduction committee in early 2024. Additionally, Chesapeake Utilities has invested in renewable infrastructure, such as a waste-to-RNG facility and the MACH2TM hydrogen hub, which contribute to minimizing the environmental impact of its operations. Chesapeake Utilities is also focused on promoting energy efficiency and conservation, proposing a unique natural gas energy efficiency portfolio in Delaware that received regulatory approval in 2024. The company has extended its pipeline services to underserved areas, surpassing the national average growth rate for new natural gas customers in 2023. The Environmental Stewardship Report is the second in a series of micro-reports, with the first focusing on safety and reliability. A third report, set to be released in early 2025, will address community impact, diversity, equity, and inclusion initiatives, further emphasizing the company's commitment to sustainability and community engagement.

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