Williams Cos. in Tulsa was recognized by the international environmental non-profit CDP with a ‘B’ score for its commitment to transparency and governance around climate change.
The ranking was above the oil and gas storage, and transportation sector average of ‘C’ and exceeding the North American regional average of ‘D’. Williams’ score signifies the company is taking coordinated action on climate change.
CDP or Carbon Disclosure Project is a not-for-profit charity running the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Alan Armstrong, president and chief executive officer said, “This recognition from CDP demonstrates that Williams is on the right track to successfully sustain and evolve our natural gas-focused business to reduce emissions and build a clean energy economy while delivering long-term value to stakeholders.”
CDP’s annual disclosure and scoring process is a widely recognized measure of strong corporate environmental transparency and performance. This is the first year Williams participated in the full disclosure and scoring process through the CDP climate change questionnaire.
Williams’ focus on sustainable performance is recognized in other key rankings for 2020, including the Dow Jones Sustainability Index where it is ranked in the top 7% in the oil and gas storage and transportation industry and was added to the Dow Jones North America Sustainable Index for the first time this year.
Williams is also ranked in the top 5% in the Refiners and Pipelines industry for Environmental, Social and Governance issues.
Williams will host a virtual ESG event on Tuesday, Jan. 19, 2020, from 9 a.m. to 11:30 a.m. CT, to discuss its ESG performance, climate commitment and forward-looking strategy for sustainable operations.