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19 April 2022

Diversified Energy launches third Sustainability Report

Diversified Energy has published its latest Sustainability Report which highlights the successes throughout 2021 and ambitions for the robust ESG agenda. The Company has committed to reducing methane intensity by 30% by 2026 and 50% by 2030, whilst also aiming for net-zero Scope 1 and 2 greenhouse gas emissions by 2040. In tandem with the release of their Sustainability Report, Diversified has published a dedicated Climate Risk and Resilience Report consisting of detailed disclosure against the Task Force on Climate-related Financial Disclosure, led by our friends at Woodmac and JS Global.

Buchanan’s ESG team are delighted to have supported Diversified in developing this Sustainability Report for a third year running and are very proud of the work done to help shape Diversified’s journey towards net-zero.

Peel Hunt analyst Matt Cooper, in a note, said: “Diversified has made great strides in improving its environmental credentials in the last six months.”

Click here to read the full report.

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