CNX Resources : 2024 ESG Performance Scorecard

Published: 2025-05-14 13:21:17 ET CNX

Published on 05/14/2025 at 13:21

CNX ESG Performance Scorecard

CNX obtained limited assurance from Keramida, Inc., a WBE-certified global sustainability and EHS services firm, for certain 2023 and 2024 ESG data presented on this ESG Performance Scorecard-specifically Scope 1 and Scope 2 greenhouse gas emissions, air emissions, water, and waste data. CNX's Internal Audit C Advisory Services team performed a review and provided limited assurance for all other 2023 and 2024 data presented. Note that certain financial data included in the scorecard is also subject to internal control procedures that are required for the Sarbanes-Oxley Act Section 302 certifications included in our SEC filings.

Units

2020

2021

2022

2023

2024

Workforce1

Total employees

451

441

466

470

458

Full-time employees

444

438

463

467

454

Part-time employees

7

3

3

3

4

Contractors

FTE

1,673

1,395

1,582

1,948

1,703

Revenue

Natural gas, NGL and oil revenue

Billions

$0.90

$2.18

$3.65

$1.30

$1.19

Production Volumes

Total production

Bcfe

511

590

580

560

551

Natural gas

Bcf

481

552

541

515

497

Liquids2

Bcfe

30

38

39

46

54

Share Buybacks

Purchases of common stock

Millions

$43.2

$241.2

$568.1

$321.9

$178.6

Purchases of common stock

Shares

4,138,527

18,284,598

33,526,226

17,564,524

7,175,674

Employee count based on active employment status as of year-end. Contractor FTE based on 2,080 workhours per year.

NGLs, oil and condensate are converted to Mcfe at the rate of one barrel equals six Mcf based upon the approximate relative energy content of oil and natural gas.

Units

2020

2021

2022

2023

2024

Governance

Board of Directors Composition

Number of board members

6

6

7

7

7

Independent members

5

5

6

6

6

Women

1

1

1

1

1

Men

5

5

6

6

6

Minorities3

-

-

1

1

1

Non-minority

6

6

6

6

6

Board diversity4

17%

17%

29%

29%

29%

Age - under 55

2

2

2

1

1

Age - 55-70

2

2

3

4

4

Age - over 70

2

2

2

2

2

Average tenure of board members5

Years

5

6

6

7

8

Political Contributions

PAC6 (Raised)

Thousands

$63

$58

$61

$61

$67

PAC6 (Funds dispersed)

Thousands

$51

$54

$70

$50

$57

Political contributions7

Thousands

$15

$71

$219

$272

$431

Membership Association Dues

Membership association dues8

Thousands

$187

$339

$441

$411

$495

Dues allocated to federal lobbying9

Thousands

$0

$35

$65

$71

$56

Minorities include American Indian or Alaskan Native, Asian or Pacific Islander, Black or African American, Hispanic or Latino, or anyone disclosing two or more ethnicities.

Board diversity includes women and minorities. Overall diversity includes women, minorities, employees with disabilities, and veterans.

Director tenure was calculated based on the month and year of a director commencing service and through December 31, 2023.

CNX Political Action Committee (PAC) is an employee funded organization.

Includes corporate contributions in states where corporate political contributions to candidates are permissible, namely Virginia.

Includes contributions to organizations engaged in public education.

Reference section on Industry Advocacy and Trade Associations for additional details regarding federal lobbying issues.

Units

2020

2021

2022

2023

2024

Social

Community and Charitable Investments

Total investments - CNX Resources10

Millions

$1.1

$3.0

$2.9

$2.5

$3.4

Total investments - CNX Foundation

Millions

n/a

$0.2

$3.4

$3.1

$3.7

Volunteer hours - employees

n/a

n/a

1,200

3,000

3,800

Local Small Business Spend

Local % of small business spend11

n/a

45%

55%

58%

61%

Impact Fees and Taxes - Net Payments (Refunds)

Pennsylvania impact fee

Millions

$8.4

$6.7

$10.1

$11.7

$8.2

Ad valorem taxes

Millions

$12.5

$12.1

$10.7

$10.5

$14.2

Production and severance taxes

Millions

($6.9)

$11.7

$27.0

$13.3

$7.6

Sales and use taxes

Millions

$0.5

$1.1

$2.5

$2.2

$3.6

State and local taxes

Millions

$0.3

$0.3

$0.3

$7.6

$5.7

Federal income and excise taxes

Millions

n/a

n/a

n/a

n/a

$3.6

Employee Retention12

Voluntary turnover

5%

7%

8%

10%

5%

Total turnover

7%

10%

12%

15%

7%

Average tenure of employees

Years

8

10

9

8

9

Median employee annual compensation

$152,364

$160,365

$173,807

$175,782

$161,542

CEO to median employee pay ratio

72:1

53:1

38:1

37:1

38:1

Employee Diversity

Women

23%

22%

22%

20%

20%

Men

77%

78%

78%

80%

80%

Minorities13

5%

5%

7%

7%

7%

Employees with disabilities

1%

1%

1%

1%

2%

Veterans

4%

4%

3%

5%

5%

Overall diversity14

31%

31%

32%

30%

30%

Employees living in our operating region

100%

100%

99%

99%

99%

Includes philanthropic investments, donations, and road infrastructure investments made by CNX Resources.

Local spend in 2022 and 2023 includes the entirety of our operational footprint. Prior to 2022 the amount is for the tri-state area of Pennsylvania, West Virginia, and Ohio.

Units 2020 2021 2022 2023 2024

Voluntary and Total turnover rates are based on average employee count during the year.

Minorities include American Indian or Alaskan Native, Asian or Pacific Islander, Black or African American, Hispanic or Latino, or anyone disclosing two or more ethnicities.

Overall diversity includes women, minorities, employees with disabilities, and veterans.

Units

2020

2021

2022

2023

2024

Health & Safety

Workhours

Total hours worked

Hours

4,524,760

3,740,579

4,144,148

4,946,500

4,430,611

Employee

Hours

1,045,820

839,126

854,370

895,664

887,708

Contractor

Hours

3,478,940

2,901,453

3,289,778

4,050,836

3,542,902

Worker Safety15

Fatalities from work related injuries - employees

-

-

-

-

-

Fatalities from work related injuries - contractors

-

-

-

-

-

Total recordable incidents - total

16

13

20

17

12

TRIR - total

0.71

0.70

0.97

0.69

0.54

Total recordable incidents - employee

-

3

3

2

-

TRIR - employee

-

0.72

0.70

0.45

-

Total recordable incidents - contractor

16

10

17

15

12

TRIR - contractor

0.92

0.69

1.03

0.74

0.68

Lost time incidents - total

3

5

7

5

1

LTIR - total

0.13

0.27

0.34

0.20

0.05

Lost time incidents - employee

-

1

2

1

-

LTIR - employee

-

0.24

0.47

0.22

-

Lost time incidents - contractor

3

4

5

4

1

LTIR - contractor

0.17

0.28

0.30

0.20

0.06

Days away, restricted or transfer - total

n/a

n/a

8

5

4

DART rate - total

n/a

n/a

0.39

0.20

0.18

Days away, restricted or transfer - employee

-

1

2

1

-

DART rate - employee

-

0.24

0.47

0.22

-

Days away, restricted or transfer - contractor

n/a

n/a

6

4

4

DART rate - contractor

n/a

n/a

0.36

0.20

0.23

Motor vehicle incident - employee16

-

-

1

-

-

Motor vehicle incident rate - employee

-

-

0.25

-

-

Total recordable incident rate (TRIR), lost time incident rate (LTIR), days away, restricted or transfer (DART) rate, and safety and environmental investigations rate are based off 200,000 hours worked. Reportable motor vehicle incident rate is based off 1,000,000 miles driven.

Motor vehicle incident is any incident involving a licensed motor vehicle, which results in an OSHA recordable injury.

Disclaimer

CNX Resources Corporation published this content on May 13, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2025 at 17:20 UTC.