SM ENERGY PUBLISHES UPDATED SUSTAINABILITY DISCLOSURES
SM Energy Company (NYSE: SM) has released its updated environmental, social, and governance (ESG) materials for 2024, available on their website.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
SM Energy Company (NYSE: SM) has released its updated environmental, social, and governance (ESG) materials for 2024, available on their website. The publications include a CEO letter, performance highlights, sustainability report, and disclosures aligned with SASB and TCFD frameworks.
Key 2023 performance metrics showcase:
- Exceptional safety records with low incident rates
- Progress towards 2023 and 2030 emissions targets
- Improved water management practices
- High employee engagement scores
CEO Herb Vogel emphasized the company's dedication to safety, environmental stewardship, and a corporate culture fostering integrity, innovation, and professional growth. The disclosures reflect SM Energy's ongoing commitment to sustainable practices and transparent reporting.
Details
News Market Reaction – SM
The recorded move for SM in the trading session of this news was +0.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Letter from our CEO to Stakeholders;
- Performance Highlights and Quick Reference Metrics, which reports 2023 data;
- 2024 Corporate Sustainability Report;
- 2024 Sustainability Accounting Standards Board Report, which reports 2023 data; and
- 2024 Task Force on Climate-related Disclosures framework, which reports 2023 data.
Performance for 2023 demonstrated exceptional safety, stewardship and employee engagement metrics including:
- Superior safety performance shown by TRIR, LTIR and DART incidents per 200,000 man-hours at 0.20, 0.00 and 0.04, respectively, for SM Energy and contractor employees combined;
- Meeting our 2023, and on track to meet our 2030, emissions targets for GHG intensity, methane intensity and flaring;
- Improving water metrics by significantly recycling more produced water and reducing our freshwater intensity; and
- Completing an employee engagement survey that resulted in particularly high scores for senior leaders creating a culture of health and safety, company-wide commitment to safe and responsible operations, and employee trust in the executive leaders and the direction of the Company.
Chief Executive Officer Herb Vogel comments: "Our 2024 sustainability disclosures reflect SM Energy's commitment to safety and environmental stewardship along with our corporate culture that emphasizes integrity, encourages innovation and promotes professional development. Please enjoy these publications."
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the states of
SM ENERGY INVESTOR CONTACT
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
Lindsay Miller, lmiller@sm-energy.com, 303-830-5860
View original content to download multimedia:https://www.prnewswire.com/news-releases/sm-energy-publishes-updated-sustainability-disclosures-302282115.html
SOURCE SM Energy Company
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
