PITTSBURGH, June 2, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today announced the release of its fifth annual Corporate Responsibility Report, which details execution against Key Performance Indicators (KPIs), and outlines activities and new initiatives undertaken during the past year toward the Company's comprehensive corporate responsibility goals.
CONSOL Energy President and Chief Executive Officer Nicholas J. DeIuliis commented, "I am very proud of the work of our dedicated employees and contractors who, even in the face of very challenging market conditions and other potential distractions, remained focused on our core values and performed exceptionally well during 2015." Mr. DeIuliis continued, "Our employees embody our core values of safety and environmental compliance each and every day, as evidenced by the outstanding results contained within this report. Though we are certainly pleased with these outcomes, we remain as determined as ever to continue to improve on our performance in these critical areas."
Following are key highlights included in the 2015 report:
Safety: During the year, CONSOL achieved its best performance on record with regard to severity. Severity was a key focus of the behavior-based training initiative known as Positively CONSOL, which was originally introduced in 2014. Additionally, 98% of the Company's employees worked the entire year without a reportable accident. The overall recordable incident rate for 2015 was 1.35, a 17% reduction from the previous year.
Environmental: A recent Susquehanna University study rated CONSOL best in environmental performance out of 20 peer E&P companies. The study utilized a formula developed to rank the nation's E&P companies based on environmental impact. Through its recycling initiatives, CONSOL sold more than 5,179 tons of metal, 1,039 tons of mine belt and 244 tons of other miscellaneous items as scrap. The company also repurposed used materials, saved landfill space and generated additional revenue as a result of these efforts. In addition to the industrial materials recycled, nearly 79 tons of paper was recycled at CONSOL's corporate offices.
Community: In 2015, CONSOL made monetary grants totaling nearly $3.3 million. Investments were made in human services and educational organizations focusing on sustainable change and building strong, healthy communities.
To learn more, please visit CONSOL Energy's 2015 corporate responsibility website at, http://2015crr.consolenergy.com/
About CONSOL Energy
CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based energy producer, and one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on developing its substantial resource base. As of December 31, 2015, CONSOL Energy had 5.6 trillion cubic feet equivalent of proved natural gas reserves. CONSOL Energy is a member of the Standard & Poor's Midcap 400 Index. Additional information may be found at www.consolenergy.com.
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SOURCE CONSOL Energy Inc.