Seneca to certify Appalachian gas as responsibly-sourced
Houston-based Seneca Resources announced on September 7 it was certifying 100% of its gas production in the Appalachian region as responsibly-sourced under non-profit Equitable Origin's EO100 standard.
EO100 lays out a set a environmental, social and governance (ESG) performance standards for gas producers to follow. As part of the certification process, an independent assessor evaluates companies' adherence to these standards in terms of corporate governance and ethics, social impacts, human rights and community engagement, indigenous peoples' rights, occupational health and safety and fair labour standards, and environmental impacts, biodiversity, and climate change.
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Seneca initiated the process in May and expects to complete it early next year. Company president Justin Loweth said that the certification would "allow us to differentiate our natural gas production in the market."
"The accelerated interest in ESG disclosures by the investment community and other stakeholders presents an opportunity for Seneca to continue to showcase the quality of our assets, our innovative processes, and our ongoing investments in environmental protection," he said.
Seneca is the exploration and production arm of National Fuel Gas Co.
A number of other US and Canadian gas producers are seeking EO100 certification. The last company to announce such a move was Pacific Canbriam Energy, which said it would certify the gas due to be supplied to the planned Woodfibre LNG terminal on Canada's west coast.