EnLink Midstream Issues 2023 Sustainability Report
Rhea-AI Summary
EnLink Midstream (NYSE: ENLC) has released its 2023 Sustainability Report, highlighting significant progress in its environmental initiatives. The company announced it has achieved its methane emissions intensity reduction target ahead of schedule, successfully reducing scope 1 methane emissions intensity by 30% from a 2020 baseline. This milestone was reached in late 2023, a full year earlier than initially planned.
The report, available at http://sustainability.enlink.com, provides a comprehensive overview of EnLink's sustainability program and the strides made throughout 2023. It demonstrates the company's commitment to environmental stewardship and its ability to meet and exceed its sustainability goals, positioning EnLink as a leader in responsible energy infrastructure operations.
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News Market Reaction – ENLC
On the day this news was published, ENLC declined 6.82%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Announces achievement of methane emissions intensity target ahead of schedule
EnLink announced in the 2023 Sustainability Report that its methane emissions intensity reduction target was met in late 2023, reducing scope 1 methane emissions intensity by
About EnLink Midstream
Headquartered in
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Although these statements reflect the current views, assumptions and expectations of our management, the matters addressed herein involve certain assumptions, risks and uncertainties that could cause actual activities, performance, outcomes and results to differ materially from those indicated herein. Therefore, you should not rely on any of these forward-looking statements. All statements, other than statements of historical fact, included in this press release constitute forward-looking statements, including but not limited to statements identified by the words "forecast," "may," "believe," "will," "should," "plan," "predict," "anticipate," "intend," "estimate," "expect," "continue," and similar expressions. Applicable uncertainties, factors, and risks are described more fully in EnLink Midstream, LLC's filings with the Securities and Exchange Commission, including EnLink Midstream, LLC's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. EnLink assumes no obligation to update any forward-looking statements.
Investor Relations: Brian Brungardt, Senior Director of Investor Relations, 214-721-9353, brian.brungardt@enlink.com
Media Relations: Megan Wright, Director of Corporate Communications, 214-721-9694, megan.wright@enlink.com
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SOURCE EnLink Midstream, LLC