NJR Sustainability

New Jersey Resources 2022 Corporate Sustainability Report

Environmental

Our goal at NJR is to operate high-integrity, environmentally responsible assets that safely and reliably serve our customers and support their efforts in using energy more wisely. Individual actions play a critical role in protecting our environment, and we believe by working together positive change can happen.

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Social

At NJR, our focus is to continually adapt and promote best practices in human capital management, engage with our local communities and nonprofits and maintain industry-leading safety standards to protect the well-being of our employees, customers and the communities we serve.

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Governance

NJR supports a continued focus on responsible corporate governance. Our adherence to ethical business practices and principles is at the core of our company and everything we do. It's essential to meeting our commitments to all our stakeholders and has established NJR as a leader in corporate governance.

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NJR Corporate Sustainability Guiding Principles

Sound Public Policy

Support sound public policies that address climate impacts and ensure reliable, affordable and clean energy for our customers.

Embrace Innovation

Embrace innovation across technologies and fuel types that deliver energy with improved environmental outcomes.

Reduce Emissions

Reduce greenhouse gas emissions from operated assets and suppliers by prioritizing mitigation strategies and reduction targets.

Increase Transparency

Increase transparency about sustainability progress through public reporting and stakeholder outreach.

Promote Energy Efficiency

Expand customer energy-efficiency, conservation and environmental stewardship opportunities.

Accountable Governance

Promote corporate governance practices that create long-term value for stakeholders and require accountability from our leadership.

Human Capital Management

Continually adopt and promote best practices in human capital management that complement a diverse and inclusive workforce.

Industry-Best Safety

Maintain industry-leading safety standards to protect the well-being of our employees, customers and the communities we serve.

Responsible Sourcing

Utilize responsible sourcing strategies and monitor supplier sustainability efforts within NJR’s supply chain.

Community Engagement

Engage with our local communities and nonprofits in the spirit of support and cooperation.

Steve Westhoven

President and CEO, New Jersey Resources

At New Jersey Resources we understand the impact energy costs and resiliency have on our customers and remain strongly committed to actions that address the urgency of greenhouse gas emissions reduction and climate action.

WATCH: How NJR is Innovating to Use Existing Energy Infrastructure to Meet Clean Energy Goals

NJR President and CEO Steve Westhoven appears on the television program “Minding Your Business” to discuss clean energy innovation, NJR’s renewable Green Hydrogen project, and how NJR is using its high-quality infrastructure to meet climate goals more quickly, more affordably, and with the reliability families and businesses count on.

Driving New Jersey to a Clean Energy Future

NJR is committed to a clean, sustainable future and we support public policy goals for greenhouse gas emissions reduction that address the urgency of climate change. The emissions reduction goals we have set for our own company reflect this; and our broader sustainability strategy prioritizes efforts to make broad-based decarbonization a reality across our economy, including our leadership in the development of solar and efforts to introduce low-to-no carbon fuels into our natural gas distribution system.

Coastal Climate Initiative

Over the past year, NJR strengthened our commitment to environmental and natural resource stewardship, building additional partnerships and recommitting our support to New Jersey's coastal wetlands.

NJR's Coastal Climate Initiative was launched to help fight climate change in the communities we serve by funding the restoration of saltwater tidal wetlands in the Barnegat Bay, part of our service territory at the Jersey Shore.

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