Range Resources : Named One of America’s Most Responsible Companies
December 07, 2021 at 04:12 pm EST
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December 7, 2021 4:01 pm
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Range Resources was named to Newsweek magazine's 2022 America's Most Responsible Companies list for the first time.
America's Most Responsible Companies 2022
The Newsweek announcement states, "Corporations aren't just impersonal machines for making money; they are also members of the communities where their employees, customers, and neighbors live and work. The businesses on our list are in dozens of different industries and vary widely in size. But they all share a set of values, and we are proud to recognize them."
Overall, Range achieved a 70.0 score and scored a high mark of 82.9 for the social category score. For more information on the in-depth rating methodology, visit Newsweek's presentation here.
"It is an honor for employees and culture to be recognized by others for the great things we have accomplished together over the last year," said Jeff Ventura, Range Resources CEO. "We hope to build on this momentum while working towards the sustainability-related goals we set for ourselves."
Range recently published its updated 2020-2021 Corporate Sustainability Report.
CorporateSustainabilityReport Highlights
Corporate Governance
Created ESG & Safety Committee, formalizing existing board oversight of ESG
50 percent of Independent Directors are Ethnic/Gender Diverse
Safety Leadership
Range employees completed 1,800 hours of safety-related training
EnvironmentalStewardship
Expanded our 2025 net zero emissions goal to include Scope 2 GHG emissions
Achieved a 69 percent reduction in GHG emissions intensity and 86 percent reduction in methane emissions intensity compared to our 2017 baseline
Recycled 148 percent of produced water and flowback volume through water sharing program
Expanded Emissions Measurement by entering into a pilot program with Project Canary, utilizing continuous monitoring technology
CommunityImpact
$240 million impact fees paid to Pennsylvania since 2011 to support construction of new schools, roads, parks, etc.
$2.9 Billion in royalties paid to landowners since 2006.
Human Capital
Formed Multi-Ethnic Employee Resource Group (MERG) and Range Energy Network of Women (RENEW) employee resource groups for multi-ethnic employees and female employees respectively
Established a flexible remote-work policy for employees
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Range Resources Corporation published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 21:11:16 UTC.
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and crude oil and condensate company. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the United States. Its principal area of operations is the Marcellus Shale in Pennsylvania. Its properties consist of interests in developed and undeveloped natural gas and oil leases. It owns approximately 1,466 net producing wells in Pennsylvania. It has an unbooked resource potential within the Marcellus, Utica/Point Pleasant and Upper Devonian formations. Its exploration and production operations are limited to the onshore United States. It has approximately 860,000 gross (753,000 net) acres under lease. Its subsidiaries include Range Resources-Appalachia, LLC, Range Resources-Pine Mountain, LLC, Range Production Company, LLC, Range Resources-Midcontinent, LLC and Range Resources-Louisiana, Inc.