As You Sow, a nonprofit organization that promotes environmental and social corporate responsibility through shareholder advocacy recently released its annual report, Disclosing the Facts 2017: Transparency and Risk in Methane Emissions. The 2017 report took a new approach and focused on methane emissions management and reporting from some of the most active oil and gas producers. The investor report is designed to promote improved methane management and reporting practices among oil and gas producers.
Range Resources improved its score substantially in 2017, scoring 10 of the possible 13 points.
As You Sow states in the report:
“Reducing methane emissions can also be cost-effective for companies. Efficiencies can be improved as new methane-reducing equipment is put on-line and methane emissions can be captured and placed in pipelines for sale or used to power operations.”