Williams Cos. says its Sustainability program has been named for a third consecutive year to the Dow Jones Sustainability Index’s North America index. It was also named for a second consecutive year to the DJSI’s World index.
CDP, another widely recognized disclosure and scoring process, gave Williams a ‘B’ score for its commitment to transparency around climate change. This ranking exceeds the oil and gas storage and transportation activity group average of ‘C’ as well as the North American regional average of ‘C’.
Williams stated its score signifies the company incorporates effective governance practices and is taking coordinated action on climate change. This is the third year Williams participated in the full disclosure and scoring process through the CDP Climate Change Questionnaire.
“These high ESG scores validate the emphasis Williams places on reducing emissions, maintaining strong corporate governance and preserving transparency with our customers, employees and shareholders,” said Alan Armstrong, president and chief executive officer of Williams.
“As we continue to meet growing demand for clean energy while at the same time achieving industry-leading emissions reductions, our employees are motivated more than ever to solve the challenges society faces today around energy security, affordability and climate change. Williams has the scale, the strategy and the impassioned workforce to drive significant change for our industry in the years ahead.”
Williams’ focus on sustainable performance ranked as follows in 2022:
- Dow Jones Sustainability Index: Williams ranked number one in the oil and gas storage and transportation industry peer group in the S&P Global Corporate Sustainability Assessment (CSA) and was included as a member of both the DJSI North America as well as DJSI World indices.
- CDP Climate Change Questionnaire: Received a ‘B’ score, better than industry average of ‘C‘ and North America regional average of ‘C’
- Sustainalytics: Williams ranks in the top 10% in the Refiners and Pipelines industry group, reflecting strong management of material Environmental, Social and Governance (ESG) issues as of December 15, 2022.
- MSCI: Williams maintained a BBB rating, illustrating its ongoing emphasis on ESG developments, as of December 15, 2022.
To read the company’s latest Sustainability Report, visit https://www.williams.com/sustainability/