Consol Energy reports maintained environmental record, mine safety

Consol Energy, based in Canonsburg, Pa., announced it had maintained its sustainability initiative through continued environmental compliance and safety in its 2022 Corporate Sustainability Report.

The company’s sixth report since becoming an independent, publicly listed company, the report “Forward Progress: From Our Mines to the World,” provided updates on the company’s efforts to advance its sustainability initiative through 2022. According to the report, the company maintained safe operations with a 2.28 total recordable incident rate, 51 percent below the average for an underground bituminous coal mine. It holds an environmental compliance record exceeding 99.9 percent for the 10th year in a row.

Additionally, the company said it had advanced its revenue diversification goals, with the overall share of the revenue from domestic power generation falling from 55.3 percent to 39.9 percent as of 2020, and that it had completed the acquisition of equity interests in CFOAM Corp. and the formation of CONSOL Innovations LLC as a platform to advance the company’s technology development efforts.

“The Company firmly believes its responsibly produced coal is and will continue to be needed in the mix of energy sources to achieve the transition toward climate change goals,” the company said in a statement. “Our world-class asset base will continue to be relied upon to support infrastructure build-out in the industrial and metallurgical sectors and to provide the secure, stable, and reliable energy that improves global quality of life and ultimately drives Forward Progress.”

The report also highlighted the company’s continued sustainability efforts, including its voluntary greenhouse gas emission reduction program, as well as its strategic partnerships to advance technologies necessary to achieve climate goals, such as carbon capture utilization and storage.