Berry Corporation Advances Sustainability with 2025 Report
Berry Corporation Unveils Its 2025 Sustainability Report
DALLAS, Berry Corporation (NASDAQ: BRY) has published its 2025 Sustainability Report, showcasing efforts and achievements that reflect their ongoing commitment to sustainable practices and long-term stakeholder value. This new report releases essential information about the company's performance in the previous year, emphasizing the significance of transparency in corporate responsibility.
Commitment to Sustainable Practices
In this report, Berry Corporation emphasizes their alignment with notable frameworks such as the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD). These frameworks provide structured guidance for reporting on key sustainability initiatives. Berry's dedication to enhancing accountability and transparency in their reporting has become a cornerstone of their operational strategy. With increasing awareness of climate change impacts, the company remains proactive in its sustainability efforts, focusing on operational accountability, energy resilience, and emissions reduction.
CEO’s Vision for Sustainability
Fernando Araujo, CEO of Berry Corporation, expressed pride in their sustainability program during the report launch. He highlighted how the team has effectively aligned with California's recent climate-related disclosures, marking significant strides in emission reduction. Araujo underlined the importance of this report in enhancing voluntary disclosures, demonstrating the company’s forward momentum toward achieving sustainability goals.
Key Highlights of the 2025 Report
The report offers several impressive highlights that demonstrate Berry's commitment to sustainable operations:
- Achievement of TCFD alignment and advanced climate strategy reporting through scenario analysis.
- A nearly 50% reduction in Scope 1 methane emissions in 2024, using 2022 as a baseline.
- The replacement of pneumatic valves with zero-bleed valves across operations, particularly in Utah, positioning the company toward an ambitious 80% methane emissions reduction target by 2025.
- Implementation of solar energy solutions that have helped offset up to 20% of electricity demands, leading to measurable reductions in greenhouse gas emissions intensity.
- Increased use of recycled water to 47% in 2024, successfully reducing freshwater consumption by 17% compared to the previous year.
- An impressive 59% decrease in the Total Recordable Incident Rate (TRIR) since 2022, emphasizing the company’s commitment to safety.
- Upholding strict standards of integrity and accountability, consistent with their Corporate Governance and Code of Conduct & Ethics.
About Berry Corporation (BRY)
Berry Corporation operates as an independent upstream energy company in the western United States, specializing in low-risk, long-lived oil and gas reserves. Their business encompasses exploration and production (E&P) and well servicing, providing expansive services to third-party operators. Berry’s E&P assets are stationed in regions known for high oil content, mainly located in rural areas across California and Utah. The company takes significant measures to ensure safety and optimize Operations through C&J Well Services.
Contact Information
For inquiries related to investor relations and sustainability, reach out to Christopher Denison, Director at Berry Corporation. Contact via email at ir@bry.com or call (661) 616-3811.
Frequently Asked Questions
What is the main focus of the 2025 Sustainability Report?
The report emphasizes Berry’s commitment to sustainability, detailing their efforts in emissions reduction and operational accountability.
How has Berry Corporation reduced methane emissions?
Berry achieved nearly a 50% reduction in Scope 1 methane emissions in 2024 compared to 2022 levels.
What strategic frameworks does the report align with?
The report is aligned with the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD).
What are some key achievements highlighted in the sustainability report?
Some key achievements include significant reductions in greenhouse gas emissions intensity and increased use of recycled water for operations.
How can I contact Berry Corporation for more information?
You can reach Christopher Denison at ir@bry.com or call (661) 616-3811 for inquiries regarding investor relations or sustainability initiatives.
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