Energy is critical to modern life, and readily available energy is a luxury many of us take for granted in the U.S. Around the world, global energy demand continues to grow, expected to increase by 4.6% in 2021 according to the International Energy Agency. Nearly 70% of this growth will occur in emerging markets and developing economies, where energy poverty — the lack of access to reliable, modern energy — remains a significant concern. 

Chesapeake is proud to be part of the solution addressing the global energy poverty gap. By producing safe, affordable and available natural gas and oil, we support vulnerable populations with life-changing fuel. However, we must balance this energy production with the recognition that our operations have environmental impact.

We must do our part to reduce our operational and environmental footprint. Following our financial restructuring in early 2021, Chesapeake emerged a fundamentally stronger and more competitive company with a renewed commitment to be the safest and most responsible operator.

Leading a responsible energy future is the purpose that unites our employees, drives our operations and guides our planning, processes and projects.

Our culture and values demand continuous improvement of our ESG performance across all facets of our company. Backed by our talented team and focused leadership, we’ll continue to identify opportunities for ESG growth and progress. 

Our ESG Culture

  • Employee-driven and enterprise-wide
  • Intentional and transparent reporting aligned with leading standards
  • Optimized focus on data governance
  • Emissions-disciplined facility design
  • Adoption of emerging technology to support our ESG performance
  • Enhanced community and rater/ranker engagement
  • Thoughtful, strategic deployment of capital and technology to reduce operational emissions

While words signal our intention, to truly demonstrate our commitment to ESG excellence we must transparently chart our path forward. Using key markers and measurements, we enable our stakeholders to judge our progress and hold us accountable. This starts with the adoption of our climate-related pledges and the connection of our environmental performance to our compensation program.

As we embrace a lower carbon future, we’ll be at the forefront of thinking differently. This means mitigating risks, but also identifying opportunities to strengthen our ESG performance for the benefit of all our stakeholders. 

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