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. This report provides insight into Range’s approach, achievements, and goals on environmental, social, and governance topics.
Corporate Sustainability Report 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
Environmental Stewardship
- 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
Community Impact
- $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