ST. LOUIS, Feb. 3, 2021 /PRNewswire/ -- As part of
Spire's commitment to the environment and the communities it
serves, the natural gas provider is joining the ONE
Future Coalition, a group of 37 energy companies voluntarily
working together to reduce methane emissions to 1% or less by
2025.
Spire's partnership with ONE Future builds on the company's
commitment to become a carbon neutral company by midcentury. Just
this week, Spire appointed their first Head of Environmental
Commitment, guiding the company's path to carbon neutrality. In
addition, Spire continues to see success in reducing methane
emissions, decreasing emissions by more than 39% since 2005 with a
nearly 54% reduction projected by 2025, well ahead of international
standards.
"As an energy provider, it's our privilege and responsibility to
care for our planet. We are excited to join this diverse mix of
peers to collaboratively reduce methane emissions and collectively
report on our success," said Spire President & CEO Suzanne Sitherwood. "We believe that natural gas
has an important role to play in the transition to a low-carbon
future. Partnerships like ONE Future help solidify that role and
will help guide us to be a carbon neutral company."
"The innovative efforts of the ONE Future Coalition allow us to
build consensus views on new ways to reduce emissions," said
Steve Lindsey, executive vice
president and chief operating officer at Spire. "Partnering with
like-minded companies is essential to reducing our industry's
environmental footprint and creating a more sustainable energy
future for generations to come."
ONE Future is focused on demonstrating a performance- and
science-based approach to the management of methane emissions
directed toward a concrete goal: to achieve an average rate of
methane emissions across the entire natural gas value chain that is
1% or less of total natural gas production and delivery. As a ONE
Future member, Spire will report its 2020 methane results as part
of the transmission, storage and distribution sectors, and will
hold a seat on its board of directors.
"We committed to being a carbon neutral company by midcentury
because it helps us hold ourselves accountable for our operational
impact on the environment," said Nick
Popielski, the newly named head of environmental commitment
at Spire. "Our partnership with ONE Future will help us further
measure the impact across our footprint so that we can continue to
reduce it over time."
"Spire has been helping families and business owners fuel their
daily lives for more than 160 years," said Richard Hyde, executive director, ONE Future.
"With a reputation of reliability and affordability that their
customers depend on, we look forward to the positive enhancements
that membership with the Coalition will provide."
Since ONE Future began reporting its methane intensity, each
year it has surpassed its 1% goal. The 2019 Methane Intensity
Report, released in November 2020,
registered a 2019 methane intensity number of 0.334%; coming under
its 1% goal by 67%. This indicates that ONE Future Coalition
members contributed to roughly one-third of 1% of all methane
emissions from natural gas produced and delivered; demonstrating
that the natural gas industry can minimize methane emissions, while
increasing production.
About Spire
At Spire Inc. (NYSE: SR), we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us the fifth largest publicly traded natural gas
company in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses
include Spire Marketing, Spire STL Pipeline and Spire Storage. We
are committed to transforming our business through growing
organically, investing in infrastructure, and advancing through
innovation. Learn more at SpireEnergy.com.
About ONE Future
ONE Future was formed when seven
companies came together in 2014 with a focus to
collectively achieve a science-based average rate of methane
emissions across our facilities equivalent to one percent (or less)
of total natural gas production. Since our formation, we have grown
to 37 companies accounting for the some of the largest natural gas
producers, transmission, and distribution companies in the U.S. ONE
Future members operate in 13 out of the 38 production basins and
other segments of the value chain operate in multiple regions of
the country, hence ONE Future's data represent a geographically
diverse and material share of the U.S. natural gas supply chain.
Its members include Antero Resources, Apache, Ascent Resources,
Atmos Energy, Berkshire Hathaway Pipeline Group, Boardwalk
Pipeline Partners, LP, Caerus Oil & Gas, Crestone Peak
Resources, Crestwood, Consolidated
Edison, Inc., Dominion Energy, Duke Energy, EagleClaw Midstream,
Enbridge, Encino, Equinor, EQT, Equitrans Midstream, Hess,
Kinder Morgan, National Grid, New
Jersey Natural Gas, Northeast Natural Energy, NW Natural, ONE Gas,
ONEOK, Sempra Energy, Southern Company Gas, Southern Star,
Southwestern Energy, Spire, Summit Utilities, TC Energy, UGI,
Williams, Woodland Midstream and Xcel Energy. For more information
visit www.onefuture.us.
Media Contact:
Raegan Johnson
314-342-3300
Raegan.Johnson@SpireEnergy.com
Media Contact ONE
Future:
Beverly Jernigan
713-494-1733
beverly@beverlypr.com
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SOURCE Spire Inc.