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Chord Energy Releases 2022 Sustainability Report
HOUSTON, Sept. 13, 2023 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord" or the "Company") today announced the release of its 2022
About this update from Chord Energy Corporation
[{"type":"text","content":"HOUSTON, Sept. 13, 2023 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) (\"Chord\" or the \"Company\") today announced the release of its 2022 Sustainability Report, which highlights Chord's commitment to environmental stewardship, social responsibility and corporate governance. The 2022 Sustainability Report is Chord's inaugural sustainability report following the combination of Oasis Petroleum Inc. and Whiting Petroleum Corporation in a merger of equals on July 1, 2022. The report is available on the Company's website at www.chordenergy.com/sustainability.\n\n \n \n \n \n \n \n\n \n\"Last year marked a pivotal year for our organization as we joined together two premier operators in the Williston Basin to form Chord Energy,\" said Danny Brown, Chord Energy's President and Chief Executive Officer. \"We are pleased to share with our stakeholders Chord's 2022 Sustainability Report, which reflects our commitment to delivering affordable and reliable energy in a sustainable and responsible manner. Our goal with this report is to provide transparent and authentic information about Chord's ESG progress, including our focus areas of emissions reductions, workforce health and safety, and corporate governance. We welcome feedback from our stakeholders on our progress and look forward to building upon our ESG efforts to shape an even stronger future for Chord and the communities we serve.\"\nHighlights from Chord's 2022 Sustainability Report include:\nEnvironmental Stewardship\n53% decrease in operated Scope 1 GHG emissions intensity in 2022 since 201947% decrease in operated Scope 1 methane emissions intensity in 2022 since 2019Alignment with the World Bank Zero Routine Flaring initiativeSocial Responsibility\n47% year-over-year reduction in the Total Recordable Incident Rate (TRIR) as compared to 202114% year-over-year reduction in the Preventable Vehicle Incident Rate as compared to 2021Corporate Governance\n80% of directors are independent50% of directors are womenThe contents of the 2022 Sustainability Report were informed by our stakeholders and guided by various frameworks, including the Task Force on Climate-related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board's (SASB) Extractives & Minerals Processing Sector: Oil & Gas – Exploration & Production Standard, the Global Reporting Initiative (GRI...