Volume 14, Issue 6 February 13, 2017
In this Issue
WGL Shares Progress in Sustainability Programs, Community and Diversity
Editor's Note
Storage Update: How Did We Get Here?
Investor Relations
WGL Holdings, Inc. Reports First Quarter Fiscal Year 2017 Financial Results; Raises Fiscal Year 2017 Guidance
Legislative Matters
Marylandís Clean Energy Jobs Act to Become Law in March
Natural Gas Fundamentals
Natural Gas Storage Update
Rig Count for Natural Gas
NYMEX Natural Gas Monthly Settlements for the Past 12 Months
NYMEX Values per Month for the Forward 12 Months
NYMEX Graph for Natural Gas - 12 Month Average Price per Therm at the Louisiana Well-Head
PJM Electricity
PJM Graph for Electricity - 12 Month Average Peak Power Price
Weather
Local Heating Degree Days*
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WGL Shares Progress in Sustainability Programs, Community and Diversity
D.C.-Area Energy Company Releases Corporate Sustainability Report

 

WGL released its sustainability report recently, demonstrating an ongoing dedication to innovation in energy efficiency, community improvement and the implementation of sustainable business practices.

This is the first Corporate Sustainability Report produced by the company; however, sustainability measures and metrics have been a focal point for many years, including in WGL’s Corporate Scorecard, in which almost 20 percent of metrics directly relate to the environment, community and supplier diversity. The Corporate Scorecard is a key input used in determining short-term executive compensation.

The report’s notable results underscore the company’s success and continued focus on achieving aggressive sustainability goals. Highlights include:

    • reducing utility fleet and facility carbon emissions by 74 percent between 2008 and 2015.

    • alignment with several of the UN Sustainable Development Goals, including access to affordable, reliable, sustainable and modern energy (#7).

    • more than a $760 million investment to replace and modernize distribution pipelines, in support of sustainable development goal (#9) to “build resilient infrastructure, promote sustainable industrialization and foster innovation.”

    • 20 percent reduction in carbon emissions intensity per therm delivered, during a period in which WGL added 76,800 new customers.

    • increase in non-gas supplier contracts to businesses owned by minorities, women and service-disabled veterans to more than 26 percent.

    • cost-savings and environmental benefits of WGL Energy Services' and WGL Energy Systems' (WGL Energy’s) portfolio of clean and renewable energy offerings.

    • information on volunteer service contributions to the communities where WGL operates, including an annual Day of Weatherization to help improve energy efficiency for those who might have trouble paying their bills.


“Our sustainability initiatives are embedded in everything that we do, both for our customers and in our corporate culture - from pipe replacement, to vehicle operations, to recycling and the promotion of clean and efficient energy offerings,” said Terry D. McCallister, President and CEO of WGL Holdings, Inc. and Washington Gas. “Sustainability is not just the job of one department or team, but rather tied to the entire organization as one of our core values, and we are proud of our accomplishments.”

The full report, which uses the Global Reporting Initiative GRI-4 framework, is available as an interactive online PDF, allowing readers to directly access discussions about how WGL is engaging customers about safetyenergy savings or carbon reduction.

For more information on WGL and its sustainability efforts, visit sustainability.wglholdings.com.

 

About WGL
WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading source for clean, efficient and diverse energy solutions. With activities and assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL provides natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency. Our calling as a company is to make energy surprisingly easy for our employees, our community and all our customers. Whether you are a homeowner or renter, small business or multinational corporation, state and local or federal agency, WGL is here to provide Energy Answers. Ask Us. For more information, visit us at www.wgl.com.

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About WGL Energy
WGL Energy delivers a full spectrum of energy offerings, including electricity, natural gas, renewable energy, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. and WGL Energy Systems, Inc.

WGL Energy strives to provide concise and accurate information from dependable sources for information contained in this report. Nevertheless, WGL Energy does not warrant the authenticity of such information. This report is not intended to serve as a trading tool for customers or for potential customers. If you would like to like to receive this information via email, please send your request to lgc@wglenergy.com.

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